Financial PerformanceABL reported results that beat expectations on revenue, adjusted EBITDA, and non-GAAP EPS, driven by strong contributions from its core life insurance settlements unit and new Asset Management unit.
Market PositionAbacus is the second-largest and only publicly traded company focused on life insurance settlements, operating in a large and growing market with low penetration.
Price TargetAbacus Global Management, Inc. has reiterated a Buy recommendation with a price target of $14, suggesting significant upside potential.