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Andersen Group Posts Strong Q1 Results, Updates 2026 Outlook

Story Highlights
  • Andersen posted double-digit first-quarter 2026 revenue growth, but higher equity-based pay compressed reported net income while adjusted earnings improved.
  • The firm raised its full-year 2026 outlook and is accelerating global expansion through investments and acquisitions to drive long-term growth and margins.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Andersen Group Posts Strong Q1 Results, Updates 2026 Outlook

Meet Samuel – Your Personal Investing Prophet

An update from Andersen Group, Inc. Class A ( (ANDG) ) is now available.

On May 12, 2026, Andersen Group Inc. reported strong first-quarter 2026 results, with revenue rising 15.7% year over year to $240.7 million, driven by client growth, higher volume and service line expansion across all major practices. Higher equity-based compensation pushed net income down to $17.7 million from $50.6 million a year earlier, though adjusted net income climbed to $62.9 million, supported by an increase in client groups, engagements and headcount.

The company updated its 2026 outlook, projecting full-year revenue between $980 million and $1 billion and adjusted EBITDA of $225 million to $250 million, while warning of a seasonal second-quarter net loss despite double-digit revenue growth. Management highlighted continued investment in talent, technology, automation, AI and integration of acquired firms, alongside a series of recent and pending acquisitions in Ireland, New Zealand, Nigeria, Uruguay, Switzerland and Canada, moves that expand Andersen’s global footprint and support its ambition for sustained growth, margin expansion and enhanced long-term shareholder value.

The most recent analyst rating on (ANDG) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Andersen Group, Inc. Class A stock, see the ANDG Stock Forecast page.

Spark’s Take on ANDG Stock

According to Spark, TipRanks’ AI Analyst, ANDG is a Neutral.

The score is held back primarily by deteriorating profitability and a sharply stressed balance sheet (negative equity and much higher debt), despite strong revenue growth and robust free cash flow. Technical indicators are constructive and support the near-term trend, but valuation is unattractive due to loss-making earnings and no dividend support.

To see Spark’s full report on ANDG stock, click here.

More about Andersen Group, Inc. Class A

Andersen Group Inc. is a multidimensional independent advisory firm operating in the tax and financial services industry, serving private clients, businesses and alternative investment funds. The company’s primary services include private client tax and financial planning, business tax services, support for alternative investment funds, and valuation services, with revenue largely generated on a time-and-materials basis.

Andersen also provides comprehensive tax-related services for multigenerational wealth, charitable giving, trust and estate planning, as well as integrated consulting capabilities through Andersen Consulting. Its scalable operating model and global network of member and collaborating firms underpin a strategy focused on both organic growth and selective acquisitions across developed and high-growth markets.

Average Trading Volume: 288,579

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.07B

For an in-depth examination of ANDG stock, go to TipRanks’ Overview page.

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