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 |
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
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
Piper Sandler initiated coverage of Abacus Life with a rating of Overweight and set a new price target of $12.00
B. Riley Securities initiated coverage of Abacus Life with a rating of Buy and set a new price target of $16.00
Live Leadership Updates
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
ORLANDO, Fla. and BOCA RATON, Fla., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leading buyer of life insurance policies and alternative asset manager specializing in specialty insurance products, today announced that Seth Miller has been appointed as Chief Revenue Officer to continue to drive relationships with life insurance carriers and wealth management institutions. Miller brings 25 years of leadership experience in financial services distribution and manufacturing and previously served in senior roles for World Financial Group (a Transamerica company), including leading its US business. Prior to his role at World Financial Group, M
Live finance-specific insights
- 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., April 14, 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 first quarter 2025 financial results after the market closes on Thursday, May 8, 2025. Abacus will hold a conference call to discuss the financial results at 5:00 pm Eastern Time on May 8, 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 (877) 407-9716 (toll-free) or (201) 493-6779 (international). Please dial the number 10 minutes prior to the scheduled start time.
- Delivered Record Full Year Revenue and Growth While Executing on Strategic Acquisitions and Initiatives - - Fourth Quarter 2024 Total Revenue Grows 40% Year-over-Year to $33.2 Million - - Full-Year Policy Originations Grow 63% to 1,034 - - Initiating Full Year 2025 Outlook for Adjusted Net Income Between $70 and $78 Million - ORLANDO, Fla., March 27, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management ("Abacus" or the "Company") (NASDAQ:ABL), a leader in the alternative asset management space, today reported results for the fourth quarter ended December 31, 2024. "We concluded 2024 with another solid quarter of profitable growth and significant milestones
ORLANDO, Fla., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it will release its fourth quarter 2024 financial results after the market closes on Thursday, March 27, 2025. Abacus will hold a conference call to discuss the financial results at 5:00 pm Eastern Time on March 27, 2025. A live webcast of the conference call will be available on Abacus' investor relations website at ir.abacuslife.com. The dial-in number for the conference call is (877) 407-9716 (toll-free
ORLANDO, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it has completed the acquisition of FCF Advisors ("FCF"), a New York-based asset manager and index provider specializing in free cash flow-focused investment strategies. The acquisition of FCF, which currently has approximately $850 million in assets under management, constitutes a significant milestone in Abacus' ongoing expansion of ABL Wealth and its suite of products. "We are excited to complete this str
ORLANDO, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it has completed the acquisition of Carlisle Management Company S.C.A. ("Carlisle"), a leading Luxembourg-based investment fund manager in the life settlement space with over U.S. $2 billion in assets under management. The Carlisle acquisition marks a key milestone in Abacus's stated strategy to drive long-term growth and diversify its value proposition through expanded global alternative asset-management off
- Delivered Continued Revenue and Profitability Growth While Executing on Strategic Initiatives - - Third Quarter 2024 Total Revenue Grows 33% Year-over-Year to $28.1 Million - - Due to Non-Cash Increase in Warrant Liability of $8.7M; GAAP Net Loss of $5.1M - - Adjusted Net Income Grows 65% Year-over-Year to $14.9 Million - - Adjusted EBITDA Grows 54% Year-over-Year to $16.7 Million - ORLANDO, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today reported results for the thir
- Expects Total Revenue Between $26.0 and $28.0 Million; Grows 23-33% Year-over-Year - - Expects GAAP Net Income / (Loss) Between ($6.0) and ($6.75) Million Due to Non-Cash Increase in Warrant Liability of Between $8.0 and $9.0 Million - - Expects Adjusted EBITDA Between $14.0 and $16.0 Million; Grows 30-48% Year-over-Year - - Third Quarter 2024 Earnings Release and Conference Call to be Held Thursday, November 7, 2024 - ORLANDO, Fla., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leading global alternative asset manager focused on lifespan-based financial products, today announced preliminary unaudited financial results for the third q
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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
ORLANDO, Fla., July 30, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leader in the alternative asset management space, today announced the completion of its previously announced exchange offer (the "Offer") and consent solicitation (the "Consent Solicitation") relating to its (i) outstanding public warrants (the "public warrants") and (ii) outstanding private placement warrants (the "private placement warrants" and, together with the public warrants, the "warrants") to purchase shares of common stock, par value $0.0001 per share, of the Company ("common stock"). The Company's common stock and public warrants are listed on the Nasdaq Ca
ORLANDO, Fla., July 30, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. (NASDAQ:ABL) ("Abacus" or the "Company"), a leader in the alternative asset management space, today announced the expiration and results of its previously announced exchange offer (the "Offer") and consent solicitation (the "Consent Solicitation") relating to its (i) outstanding public warrants (the "public warrants") and (ii) outstanding private placement warrants (the "private placement warrants" and, together with the public warrants, the "warrants") to purchase shares of common stock, par value $0.0001 per share, of the Company ("common stock"). The Offer and Consent Solicitation expired at 11:59 p.m., East
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
FORT WASHINGTON, Pa. , July 2, 2025 /PRNewswire/ -- Coventry, the leader and creator of the secondary market for life insurance, today released the following statement: "Abacus's (NASDAQ:ABL) lawsuit is its latest misdirection and a transparent ploy designed to delay accountability and deflect attention from serious problems of Abacus's own making," said Alan Buerger, Coventry's Chairman. Coventry continues to believe that Lapetus systematically underestimates life expectancies, which directly threatens investor returns. This belief is validated by expert analysis that concluded exactly that. The studies are available at https://www.coventry.com/research/. Abacus's complaint claims that n
Coventry and Chairman Alan Buerger Engaged in Years-Long Campaign to Systematically Disseminate False and Misleading Information About the Publicly-Traded Company Coventry and Buerger Found a Key Partner and Megaphone for its Defamatory Statements: Short Seller Morpheus Research ORLANDO, Fla., July 01, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leader in the alternative asset management space, today provided the following statement: Coventry First LLC, parent company of life settlements provider Coventry Direct ("Coventry"), and its Chairman Alan Buerger engaged in a concentrated effort to manipulate market sentiment about its big
ORLANDO, Fla., June 30, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leader in the alternative asset management space, today announced that it has commenced an exchange offer (the "Offer") and consent solicitation (the "Consent Solicitation") relating to its (i) outstanding public warrants (the "public warrants") and (ii) outstanding private placement warrants (the "private placement warrants" and, together with the public warrants, the "warrants") to purchase shares of common stock, par value $0.0001 per share, of the Company ("common stock"). The Company's common stock and public warrants are listed on the Nasdaq Capital Market under
ORLANDO, Fla., June 27, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. (the "Company") (NASDAQ:ABL), today announced that it intends to conduct an exchange offer (the "Offer") and consent solicitation (the "Consent Solicitation") relating to its outstanding (i) public warrants to purchase shares of common stock of the Company, par value $0.0001 per share ("common stock"), which warrants trade on The Nasdaq Capital Market under the symbol "ABLLW" ("public warrants"), and (ii) private placement warrants to purchase shares of common stock (such private placement warrants, together with the public warrants, the "warrants"). Each outstanding warrant is exercisable for one common share