Abacus Life, the Financial sector company, was revisited by a Wall Street analyst today. Analyst Michael Grondahl from Northland Securities maintained a Buy rating on the stock and has a $13.50 price target.
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Michael Grondahl has given his Buy rating due to a combination of factors that reflect both operational momentum and favorable market dynamics for Abacus Life. He notes that the company is closing the year with activity levels that resemble a peak season, with deal flow ramping into year-end and fourth-quarter performance tracking in line with both guidance and historical patterns, reducing the risk of negative surprises. Management commentary indicates that capital inflows are running ahead of initial expectations, supported by heightened institutional and bank demand driven by interest-rate volatility, which is increasing appeal for the asset class in which Abacus operates.
Grondahl also emphasizes the strategic importance of the company’s recent $50 million securitization of life insurance assets, highlighting strong investor reception and the likelihood of additional transactions as early as the first half of 2026. He views the securitization platform as a scalable and repeatable funding source that can materially expand origination capacity without requiring dilutive equity issuance, allowing Abacus to grow beyond what its balance sheet alone would support. In his view, the current macro backdrop is at least as constructive as earlier in the year, with volatility and post-Covid financial reassessments driving more policyholder engagement, which should underpin continued growth in volumes and support the positive outlook that underlies his Buy recommendation.