B. Riley Securities initiated coverage on Abacus Life with a new price target
$ABL
Investment Managers
Finance
B. Riley Securities initiated coverage of Abacus Life with a rating of Buy and set a new price target of $16.00
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/29/2025 | $14.00 | Buy | Maxim Group |
| 10/24/2024 | $13.50 | Outperform | Northland Capital |
| 8/7/2024 | $14.00 | Buy | TD Cowen |
| 6/26/2024 | $12.00 | Overweight | Piper Sandler |
| 5/31/2024 | $16.00 | Buy | B. Riley Securities |
Deepening the Firms' Partnership and Alignment for Growth Dynasty Financial Partners ("Dynasty"), a leading provider of technology-enabled wealth management solutions for independent financial advisors, today announced a minority investment in Abacus Global Management, Inc. ("Abacus") (NASDAQ:ABL), a leader in the alternative asset management space. In turn, Abacus has made a minority investment in Dynasty. Abacus is a member of the network of owners and operators of independent firms leveraging Dynasty's integrated technology, services, robust turnkey asset management program (TAMP), digital lead generation services, capital solutions, and investment bank. Currently, Dynasty has 57 Net
Continuing a Years-Long Strategic Partnership ORLANDO, Fla., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leader in the alternative asset management space, today announced a minority investment in Dynasty Financial Partners ("Dynasty"), a leading provider of technology-enabled wealth management solutions for independent financial advisors. "Over the years, we have developed a deep relationship with the team at Dynasty, so we are thrilled to be able to offer them support, as well, through this investment," said Jay Jackson, Chairman and Chief Executive Officer of Abacus. "Their backing and expertise empower us to continue bu
- Second Quarter 2025 Total Revenue Nearly Doubles Year-over-Year to $56.2 Million - - Longevity Funds Attracted $123.1 Million in Capital Inflows - - GAAP Net Income of $17.6 Million - - Adjusted Net Income Grew 87% Year-over-Year to $21.9 Million - - Adjusted EBITDA Grew 89% Year-over-Year to $31.5 Million – ~ Raises Full Year 2025 Outlook ~ ORLANDO, Fla., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leader in the alternative asset management space, today reported results for the second quarter ended June 30, 2025. "We delivered another excellent quarter of record profitable growth in the second quarter of 2025, nearl
Maxim Group initiated coverage of Abacus Global Management with a rating of Buy and set a new price target of $14.00
Northland Capital initiated coverage of Abacus Life with a rating of Outperform and set a new price target of $13.50
TD Cowen initiated coverage of Abacus Life with a rating of Buy and set a new price target of $14.00
- Second Quarter 2025 Total Revenue Nearly Doubles Year-over-Year to $56.2 Million - - Longevity Funds Attracted $123.1 Million in Capital Inflows - - GAAP Net Income of $17.6 Million - - Adjusted Net Income Grew 87% Year-over-Year to $21.9 Million - - Adjusted EBITDA Grew 89% Year-over-Year to $31.5 Million – ~ Raises Full Year 2025 Outlook ~ ORLANDO, Fla., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leader in the alternative asset management space, today reported results for the second quarter ended June 30, 2025. "We delivered another excellent quarter of record profitable growth in the second quarter of 2025, nearl
ORLANDO, Fla., July 15, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leader in the alternative asset management space, today announced it will release its second quarter 2025 financial results after the market closes on Thursday, August 7, 2025. Abacus will hold a conference call to discuss the financial results at 5:00 pm Eastern Time on August 7, 2025. A live webcast of the conference call will be available on Abacus' investor relations website at ir.abacusgm.com. The dial-in number for the conference call is (844) 826-3033 (toll-free) or (412) 317-5185 (international). Please dial the number 10 minutes prior to the scheduled start
– First Quarter 2025 Total Revenue More Than Doubled Year-over-Year to $44.1 Million – - Longevity Funds Attracted $122.8 Million in Capital Inflows - – GAAP Net Income of $4.6 Million – – Adjusted Net Income Grew 158% Year-over-Year to $17.3 Million – – Adjusted EBITDA More Than Doubled Year-over-Year to $24.5 Million – ORLANDO, Fla., May 08, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leader in the alternative asset management space, today reported results for the first quarter ended March 31, 2025. "We delivered exceptional results in the first quarter of 2025, more than doubling our revenue and adjust
ORLANDO, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ:ABL) ("Abacus Life" or the "Company"), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced the appointment of Robert F. Phillips as Senior Vice President, Investor Relations and Corporate Affairs, effective immediately. Mr. Phillips brings over 30 years of diverse experience in capital markets and investor relations to Abacus Life, with a proven track record of strategic leadership in the financial sector. Reporting directly to Jay Jackson, Chairman and Chief Executive Officer of Abacus Life, Mr. Phillips will lead Abacus Life's investor relations strategy to s
ORLANDO, Fla., April 18, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ:ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced the appointment of Fei Xue as Vice President of ABL Wealth. Based in Orlando, Ms. Xue brings nearly two decades of experience in asset and wealth management. Having worked at Dynasty Financial Partners most recently, Ms. Xue served as a strategic advisor to some of the largest and most successful Registered Investment Advisors (RIAs) across the country. She partnered with sophisticated leadership teams to help scale their businesses, enhance investment offerings, build efficiencies, and better care fo
ORLANDO, Fla. and BOCA RATON, Fla., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leading buyer of life insurance policies, policy originator and alternative asset manager specializing in specialty insurance products, today announced that Christopher Romaine has been appointed as General Counsel and will advise and serve on the Company's executive leadership team. Romaine brings 25 years of leadership experience in global specialty insurance, financial services and corporate development and previously held senior roles at Fortegra, including serving as General Counsel and Chief Operating Officer. Prior to Fortegra, Romaine served as couns