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The latest update is out from Abacus Global Management ( (ABX) ).
Abacus Global Management on May 7, 2026, reported first-quarter 2026 results showing total revenue up 35% year-over-year to $59.4 million and GAAP net income rising 59% to $7.3 million, supported by a sharp turnaround in operating cash flow to $91.7 million from negative $61.6 million a year earlier. Adjusted net income increased 17% to $20.1 million, adjusted EBITDA climbed 33.3% to $32.7 million with margins holding near 55%, and longevity income fund assets under management nearly quadrupled to about $1 billion, helping lift full-year 2026 adjusted net income guidance to $100–$106 million and underpinning a new full-year adjusted EPS outlook of $1.00–$1.05.
The company reported gross AUM of roughly $3.6 billion on $378 million of inflows, deployed $163.6 million of origination capital, returned 100% of investor capital in its LMA Income II Fund with about two-thirds of investors recommitting, and secured board approval for up to $20 million in additional share repurchases, signaling confidence in its recurring earnings model. Abacus also agreed on March 12, 2026, to acquire a roughly $53 million minority stake in wealth and asset manager Manning & Napier, announced several senior leadership changes in April, and highlighted stable returns on invested capital and equity, underscoring its growing scale in longevity-focused assets and its emphasis on capital efficiency and institutional demand.
The most recent analyst rating on (ABX) stock is a Buy with a $13.50 price target. To see the full list of analyst forecasts on Abacus Global Management stock, see the ABX Stock Forecast page.
Spark’s Take on ABX Stock
According to Spark, TipRanks’ AI Analyst, ABX is a Neutral.
The score is held back primarily by weak cash generation (negative operating/free cash flow in 2023–2025) and moderate leverage, despite a meaningful rebound in 2025 profitability. Offsetting this, the latest earnings call was upbeat with growth guidance and operational momentum, while technicals and valuation appear neutral-to-mixed rather than strongly supportive.
To see Spark’s full report on ABX stock, click here.
More about Abacus Global Management
Abacus Global Management, Inc. is a financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services, with a focus on longevity-based assets and personalized financial planning. The NYSE-listed firm targets structurally uncorrelated, mortality-driven investments that appeal to institutions seeking diversification from traditional credit and equity cycles.
Average Trading Volume: 653,665
Technical Sentiment Signal: Buy
Current Market Cap: $902.6M
Find detailed analytics on ABX stock on TipRanks’ Stock Analysis page.