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Abacus Global Management
(NYSE:ABX)
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Rating:63Neutral
Price Target:
$10.00
▲(7.99% Upside)
Action:Reiterated
Date:08/17/26
ABX scores in the low-to-mid 60s primarily due to moderate financial performance with improving leverage but meaningful margin and cash-flow volatility. The latest earnings call was a clear positive (guidance execution and strong operational metrics), but the technical picture is weak (below key moving averages with negative MACD), and valuation is pressured by a high P/E despite a moderate dividend yield.
Positive Factors
Strong Revenue Growth and Fundraising
Rapid revenue growth and fundraising indicate strong demand for Abacus’s longevity-focused products. Sustained inflows can expand fee-paying assets, improve operating scale, and support recurring revenue over the next several quarters.
Negative Factors
Margin Compression and Earnings Volatility
The decline in net and EBITDA margins shows that growth is not translating consistently into profitability. Historical earnings swings, including a loss year, increase uncertainty about the durability of returns and internal cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth and Fundraising
Rapid revenue growth and fundraising indicate strong demand for Abacus’s longevity-focused products. Sustained inflows can expand fee-paying assets, improve operating scale, and support recurring revenue over the next several quarters.
Read all positive factors
Abacus Global Management (ABX) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$944.67M
Dividend Yield2.07%
Average Volume (3M)702.42K
Price to Earnings (P/E)33.0
Beta (1Y)0.70
Revenue Growth63.77%
EPS GrowthN/A
CountryUS
Employees326
SectorFinancial
Sector Strength70
IndustryInsurance - Life
Share Statistics
EPS (TTM)0.29
Shares Outstanding97,792,250
10 Day Avg. Volume671,475
30 Day Avg. Volume702,416
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$14.30Price Target Upside54.43% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)1
Revenue Forecast (FY)$282.76M
Abacus Global Management Business Overview & Revenue Model
Company Description
Abacus Global Management, Inc., established in 2004 and based in Orlando, Florida, operates within the United States as both an alternative asset manager and a market maker. The firm, set to officially transition its name from Abacus Life, Inc. in...
Abacus Global Management Earnings Call Summary
Earnings Call Date:Aug 06, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 05, 2026
Earnings Call Sentiment Positive
The call presented multiple strong operational and financial achievements — robust revenue growth (+30% YoY), substantial fundraising (H1 longevity inflows $544.2M), higher capital deployment (+62% YoY), realized gains (~25%), and margin expansion (55% adjusted EBITDA margin). Product and distribution milestones (interval fund launch, tokenization, Manning & Napier integration, and LifeARC adoption) signal durable strategic progress. Offsetting items include pressure in traditional asset-management fees (ETF outflows), higher operating expenses, modest near-term tech revenue, and a relatively small cash balance versus long-term debt. On balance, the highlights materially outweigh the lowlights and indicate positive momentum and trajectory for the business.Positive Updates
Strong Top-Line Growth
Revenue grew 30% year-over-year to $73.0M in Q2 2026, driven primarily by Life Solutions which grew 38.3% year-over-year to $65.4M.
Negative Updates
Asset Management Fee Pressure
Asset management fees declined, primarily due to lower AUM in ETF strategies driven by market conditions and outflows; asset management revenue came in below some Street expectations for the quarter.
Read all updates
Q2-2026 Updates
Positive
Negative
Strong Top-Line Growth
Revenue grew 30% year-over-year to $73.0M in Q2 2026, driven primarily by Life Solutions which grew 38.3% year-over-year to $65.4M.
Read all positive updates
Company Guidance
Management guided third-quarter adjusted net income of $26–$28 million and adjusted EPS of $0.26–$0.28, and reiterated full‑year adjusted net income of $100–$106 million and adjusted EPS of $1.00–$1.05 (guidance presented gross with an approximate 25% tax bridge to net equivalents); they said they are aiming for the top end of the ranges. The company beat Q2 guidance with adjusted net income of $27.1M and $0.28 EPS (May guidance: $24–$26M / $0.24–$0.26), reported Q2 adjusted EBITDA of $40M (up 27% YoY) and a 55% EBITDA margin, and highlighted operational momentum: Q2 capital deployed ~ $197.9M (YTD deployed $362M) with potential quarterly deployment of $150–$175M if securitization progresses, H1 longevity fund inflows of $544.2M (Q2 inflows ~$256.1M), fee‑paying AUM ~$3.2B (total AUM $3.5B) with a $5B year‑end AUM target, policy assets $383M, cash $23.4M, long‑term debt $290.8M, adjusted ROE 25% (+400 bps), annualized portfolio turnover ~2x, average realized gain on policy sales ~25%, tech/service fees YTD ~ $1M (management discussed a ~$3M projection), launch of the ABX Longevity Growth & Income interval fund and expected asset intake in Q3–Q4, and an anticipated increase in the 2026 dividend.Abacus Global Management Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
61
Positive
Cash Flow
66
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 267.28M | 235.24M | 111.92M | 66.40M | 44.71M | 22.59M |
| Gross Profit | 183.21M | 169.17M | 100.55M | 59.91M | 38.83M | 8.39M |
| EBITDA | 101.11M | 110.15M | 6.76M | 23.78M | 34.81M | 1.03M |
| Net Income | 28.20M | 36.53M | -23.96M | 9.52M | 31.68M | 997.41K |
Balance Sheet | ||||||
| Total Assets | 867.73M | 902.24M | 874.16M | 331.83M | 59.09M | 1.84M |
| Cash, Cash Equivalents and Short-Term Investments | 23.39M | 38.11M | 131.94M | 27.84M | 30.05M | 102.42K |
| Total Debt | 344.31M | 411.18M | 385.91M | 141.74M | 28.33M | 1.05M |
| Total Liabilities | 428.05M | 483.70M | 450.87M | 167.76M | 30.95M | 1.07M |
| Stockholders Equity | 439.68M | 418.54M | 424.15M | 163.93M | 27.25M | 915.05K |
Cash Flow | ||||||
| Free Cash Flow | 88.73M | -26.61M | -209.62M | -64.71M | 10.61M | 1.12M |
| Operating Cash Flow | 90.75M | -25.68M | -208.81M | -64.52M | 10.69M | 1.34M |
| Investing Cash Flow | -51.26M | -23.28M | -4.96M | 2.24M | -3.70M | -241.53K |
| Financing Cash Flow | -90.94M | -44.87M | 320.12M | 57.82M | 22.96M | -354.58K |
Abacus Global Management Technical Analysis
Positive
9.26
Price Trends
10.17
Negative
9.56
Positive
8.79
Positive
Market Momentum
-0.33
Positive
49.00
Neutral
61.09
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ABX, the sentiment is Positive. The current price of 9.26 is below the 20-day moving average (MA) of 9.75, below the 50-day MA of 10.17, and above the 200-day MA of 8.79, indicating a neutral trend. The MACD of -0.33 indicates Positive momentum. The RSI at 49.00 is Neutral, neither overbought nor oversold. The STOCH value of 61.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 |
|---|---|---|---|---|---|---|---|
73 Outperform | $4.95B | 18.02 | 10.82% | 1.30% | 5.72% | 7.05% | |
68 Neutral | $27.54M | 6.06 | 4.43% | 1.27% | 11.99% | ― | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
63 Neutral | $944.67M | 33.05 | 6.56% | ― | 63.77% | ― | |
63 Neutral | $3.73B | 18.13 | 2.42% | ― | -0.68% | 19.26% | |
59 Neutral | $190.42M | 16.01 | 4.96% | ― | 3.69% | 2.53% | |
50 Neutral | $3.01B | 4.11 | 13.17% | ― | 2.62% | 33.55% |
* Financial Sector Average
ABX
Abacus Global Management
9.66
2.97
44.39%
AAME
Atlantic American
1.35
-2.08
-60.64%
CIA
Citizens
3.76
-1.53
-28.92%
CNO
CNO Financial
53.52
15.16
39.51%
GNW
Genworth Financial
9.88
1.24
14.35%
BHF
Brighthouse Financial
52.27
5.48
11.71%
Abacus Global Management Corporate Events
Business Operations and StrategyStock Buyback
Abacus Global Management Announces New $100 Million Buyback
Positive
Aug 13, 2026
On August 13, 2026, Abacus Global Management, Inc. announced that its board had authorized a new $100 million share repurchase program, set to commence on August 17, 2026, with purchases to be made in the open market or through privately negotiate...
Business Operations and StrategyFinancial DisclosuresM&A TransactionsProduct-Related Announcements
Abacus Reports Record Revenue, Launches Longevity Interval Fund
Positive
Aug 6, 2026
On August 6, 2026, Abacus Global Management reported record second-quarter 2026 revenue of $73.0 million, up 30% year over year, alongside strong non-GAAP results including adjusted net income of $27.1 million and adjusted EBITDA of $39.9 million....
Executive/Board ChangesPrivate Placements and FinancingRegulatory Filings and Compliance
Abacus Global Management Announces Director Retirement and Transition
Positive
Jul 2, 2026
On June 29, 2026, Abacus Global Management, Inc. amended its existing credit agreement to add $75 million in incremental term loans, lifting total term debt under the facility to $225 million while keeping key pricing and covenant terms largely un...
Business Operations and StrategyProduct-Related Announcements
Abacus Unveils LifeARC AI Platform, Invests in Manning & Napier
Positive
Jun 10, 2026
On June 10, 2026, Abacus Global Management released a shareholder letter outlining the launch of LifeARC™, an AI-powered lifespan modeling platform built on two decades of proprietary data to generate individualized longevity profiles. By in...
Executive/Board ChangesShareholder Meetings
Abacus Global Shareholders Reelect Directors, Approve Incentive Plan
Positive
Jun 4, 2026
At its Annual Meeting of Shareholders held on June 3, 2026, Abacus Global Management, Inc. re-elected Jay Jackson and Thomas W. Corbett, Jr. as Class III directors for new three-year terms and ratified KPMG LLP as its independent registered public...
Business Operations and StrategyM&A Transactions
Abacus Global Forms Strategic Alliance with Manning & Napier
Positive
May 27, 2026
On May 27, 2026, Abacus Global Management completed a $52.9 million acquisition of an indirect minority position in wealth and asset manager Manning Napier and entered into a Strategic Alliance Agreement, joining Callodine Group and East Asset Ma...
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.