Abacus Global Management, Inc. Class A (ABX)
NYSE:ABX
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Abacus Global Management
(NYSE:ABX)
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Rating:67Neutral
Price Target:
$10.00
▲(7.99% Upside)
Action:Reiterated
Date:05/14/26
ABX scores as moderately attractive: strong recent operating momentum and raised guidance support the outlook, while TTM profitability is solid. The score is held back by multi-year earnings/cash-flow volatility and a relatively high P/E, with technicals indicating only modest positive momentum.
Positive Factors
Strong revenue growth & raised guidance
Sustained top-line growth and a management upgrade to full-year adjusted net income indicate accelerating product demand and execution. A meaningful guidance lift signals confidence in recurring revenue capture and supports multi-quarter earnings visibility, aiding durable margin and cash generation prospects as scale increases.
Negative Factors
Multi‑year earnings and cash‑flow volatility
Historical swings from negative to strongly positive cash flow reduce confidence in repeatability of results. Volatility complicates planning for originations, securitizations and capital returns, raising the risk that temporary tailwinds may reverse and that funding or margin assumptions won’t hold across 2–6 months.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue growth & raised guidance
Sustained top-line growth and a management upgrade to full-year adjusted net income indicate accelerating product demand and execution. A meaningful guidance lift signals confidence in recurring revenue capture and supports multi-quarter earnings visibility, aiding durable margin and cash generation prospects as scale increases.
Read all positive factors
Abacus Global Management (ABX) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$899.75M
Dividend YieldN/A
Average Volume (3M)579.41K
Price to Earnings (P/E)26.2
Beta (1Y)0.58
Revenue Growth82.95%
EPS GrowthN/A
CountryUS
Employees157
SectorFinancial
Sector Strength70
IndustryInsurance - Life
Share Statistics
EPS (TTM)0.41
Shares Outstanding95,922,360
10 Day Avg. Volume637,651
30 Day Avg. Volume579,414
Financial Highlights & Ratios
PEG Ratio-0.11
Price to Book (P/B)1.96
Price to Sales (P/S)3.49
P/FCF Ratio-30.89
Enterprise Value/Market Cap1.28
Enterprise Value/Revenue4.60
Enterprise Value/Gross Profit6.50
Enterprise Value/Ebitda10.16
Forecast
1Y Price Target
$13.10Price Target Upside41.47% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)1.02
Revenue Forecast (FY)$270.19M
Abacus Global Management Business Overview & Revenue Model
Company Description
Abacus Global Management, Inc. operates as an alternative asset manager and market maker in the United States. It operates in five segments: Active Management, Originations, Asset Management, Portfolio Servicing, and Technology Services. The Activ...
How the Company Makes Money
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Abacus Global Management Earnings Call Summary
Earnings Call Date:May 07, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 17, 2026
Earnings Call Sentiment Positive
The call presents a broadly positive operational and financial picture: strong revenue growth (+34.6%), improved cash generation (operating cash flow swing of >$153M), rising adjusted EBITDA (+33.3%) and raised guidance. Fundraising momentum, attractive portfolio KPIs (26% realized gains vs 20% target), successful fund wind-up and strategic initiatives (Manning & Napier partnership, planned securitization) support growth and capital flexibility. Offsetting items are deliberate expense investments, modest margin compression, remaining reported leverage and timing/regulatory risk around securitization and the interval fund. On balance, highlights materially outweigh the lowlights, indicating constructive momentum as the company scales.Positive Updates
Raised Full-Year Guidance
Raised 2026 adjusted net income guidance from $96M-$104M to $100M-$106M (adjusted EPS $1.00-$1.05) and provided Q2 guide of $24M-$26M (adjusted EPS $0.24-$0.26).
Negative Updates
Rising Operating Expenses
Total operating expenses were approximately $34.8M in Q1 2026 vs $19.6M in prior year (excluding certain fair value impacts), driven by higher sales & marketing, G&A, acquisition and special project costs—intentional growth investments but a notable increase.
Read all updates
Q1-2026 Updates
Positive
Negative
Raised Full-Year Guidance
Raised 2026 adjusted net income guidance from $96M-$104M to $100M-$106M (adjusted EPS $1.00-$1.05) and provided Q2 guide of $24M-$26M (adjusted EPS $0.24-$0.26).
Read all positive updates
Company Guidance
Management raised full‑year 2026 adjusted net income guidance to $100–$106 million (≈$1.00–$1.05 adjusted EPS) and provided Q2 guidance of $24–$26 million (≈$0.24–$0.26 adjusted EPS) after reporting Q1 adjusted net income of $20.1 million; Q1 revenue grew 34.6% to $59.4 million (Life Solutions $50.6M, asset management fees $8.5M, Technology $0.4M), GAAP net income was $7.3M ($0.07/sh), adjusted EBITDA was $32.7M (+33.3%) with a 55% margin, adjusted ROE 19% and adjusted ROIC 17%. Balance sheet and portfolio metrics included cash of $37.2M, balance‑sheet policy assets $392.8M, long‑term debt ≈$330M (down from $405.8M, a ~$76.7M reduction tied to fund unwinding), annualized portfolio turnover 1.9x, average realized gain 26% (vs 20% target), assets seasoned >365 days with weighted average life expectancy 46 months and insured age 88, and $163.6M deployed off the balance sheet in Q1. Fundraising and capital flow highlights: $288M raised into longevity funds in Q1 (after $275M in Q4 and $630M in all of 2025), ~9,000 policies reviewed in Q1 (vs ~11,000 in all of 2025), nearly $1B attracted to new fund vintages since inception, a targeted securitization in late Q2/early Q3 (which would be incremental to a $500M H1 inflow expectation if done in Q2), a recourse debt/EBITDA around 2x (capacity to ~4x), and ~50% of a $20M share repurchase authorization deployed; management reiterated longer‑term targets of $30B AUM and $250M EBITDA by 2028.Abacus Global Management Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
64
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 250.49M | 235.24M | 111.92M | 66.40M | 44.71M | 22.59M |
| Gross Profit | 177.35M | 169.17M | 100.55M | 59.91M | 38.83M | 8.39M |
| EBITDA | 113.48M | 110.15M | 6.76M | 23.78M | 34.81M | 1.03M |
| Net Income | 39.15M | 36.53M | -23.96M | 9.52M | 31.68M | 997.41K |
Balance Sheet | ||||||
| Total Assets | 829.79M | 902.24M | 874.16M | 331.83M | 59.09M | 1.84M |
| Cash, Cash Equivalents and Short-Term Investments | 37.21M | 38.11M | 131.94M | 27.84M | 30.05M | 102.42K |
| Total Debt | 342.31M | 411.18M | 385.91M | 141.74M | 28.33M | 1.05M |
| Total Liabilities | 407.19M | 483.70M | 450.87M | 167.76M | 30.95M | 1.07M |
| Stockholders Equity | 422.60M | 418.54M | 424.15M | 163.93M | 27.25M | 915.05K |
Cash Flow | ||||||
| Free Cash Flow | 126.77M | -26.61M | -209.62M | -64.71M | 10.61M | 1.12M |
| Operating Cash Flow | 127.60M | -25.68M | -208.81M | -64.52M | 10.69M | 1.34M |
| Investing Cash Flow | -20.47M | -23.28M | -4.96M | 2.24M | -3.70M | -241.53K |
| Financing Cash Flow | -113.68M | -44.87M | 320.12M | 57.82M | 22.96M | -354.58K |
Abacus Global Management Technical Analysis
Neutral
9.26
Price Trends
9.06
Negative
8.77
Positive
7.50
Positive
Market Momentum
0.04
Positive
43.79
Neutral
62.39
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ABX, the sentiment is Neutral. The current price of 9.26 is below the 20-day moving average (MA) of 9.27, above the 50-day MA of 9.06, and above the 200-day MA of 7.50, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 43.79 is Neutral, neither overbought nor oversold. The STOCH value of 62.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ABX.
Abacus Global Management Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $44.87M | 25.36 | 4.89% | 0.74% | 11.99% | ― | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | $899.75M | 26.24 | 9.20% | ― | 82.95% | ― | |
67 Neutral | $4.47B | 25.62 | 9.56% | 1.54% | 5.03% | -12.76% | |
67 Neutral | $3.55B | 16.76 | 2.46% | ― | -1.14% | 7.17% | |
63 Neutral | $253.78M | 27.78 | 7.96% | ― | 6.89% | 109.33% | |
54 Neutral | $3.60B | -1.13 | -1.07% | ― | -16.15% | -133.67% |
* Financial Sector Average
ABX
Abacus Global Management
8.84
0.34
4.00%
AAME
Atlantic American
2.19
0.48
28.07%
CIA
Citizens
4.86
0.97
24.94%
CNO
CNO Financial
46.88
8.32
21.57%
GNW
Genworth Financial
9.16
1.94
26.87%
BHF
Brighthouse Financial
62.36
1.21
1.98%
Abacus Global Management Corporate Events
Business Operations and StrategyExecutive/Board ChangesStock BuybackFinancial DisclosuresM&A Transactions
Abacus Global Management Lifts 2026 Outlook After Strong Q1
Positive
May 7, 2026
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...
Business Operations and StrategyStock BuybackDelistings and Listing ChangesDividendsFinancial DisclosuresM&A Transactions
Abacus Global Management Posts Strong Q4 Results, Issues Outlook
Positive
Mar 12, 2026
On March 12, 2026, Abacus Global Management reported that fourth quarter 2025 revenue rose 116% year over year to $71.9 million and full year 2025 revenue more than doubled to $235.2 million, driven largely by surging Life Solutions and Asset Mana...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.