Abacus Global Management (NYSE:ABX) Updates FY 2026 Earnings Guidance

Abacus Global Management (NYSE:ABX) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.000-1.05 for the period, compared to the consensus earnings per share estimate of 0.980. The company issued revenue guidance of -. Abacus Global Management also updated its Q2 2026 guidance to 0.240-0.26 EPS.

Abacus Global Management Trading Down 3.7%

Shares of ABX opened at $9.04 on Friday. The company’s 50-day moving average is $9.09. The company has a market cap of $872.24 million, a price-to-earnings ratio of 23.17 and a beta of 0.11. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.47 and a quick ratio of 0.47. Abacus Global Management has a 1-year low of $4.60 and a 1-year high of $10.53.

Abacus Global Management (NYSE:ABX) last announced its earnings results on Thursday, May 7th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). The company had revenue of $59.39 million for the quarter. Abacus Global Management had a net margin of 15.63% and a return on equity of 19.96%. Abacus Global Management has set its Q2 2026 guidance at 0.240-0.26 EPS and its FY 2026 guidance at 1.000-1.05 EPS. On average, research analysts forecast that Abacus Global Management will post 0.98 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ABX has been the topic of a number of research reports. Zacks Research lowered shares of Abacus Global Management from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. Piper Sandler reissued a “neutral” rating and set a $10.00 price target on shares of Abacus Global Management in a research report on Friday. Weiss Ratings initiated coverage on shares of Abacus Global Management in a research report on Thursday, January 29th. They set a “hold (c-)” rating for the company. Finally, Wall Street Zen cut shares of Abacus Global Management from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $10.00.

Key Abacus Global Management News

Here are the key news stories impacting Abacus Global Management this week:

• Positive Sentiment: ABX raised its full-year 2026 adjusted net income guidance to $100 million–$106 million and boosted full-year adjusted EPS guidance to $1.00–$1.05, both above Wall Street expectations. Abacus Global Management, Inc. Reports First Quarter 2026 Results
• Positive Sentiment: First-quarter revenue rose 35% year over year to $59.4 million, supported by strong growth in the company’s Life Solutions and longevity-focused investment businesses. Abacus Global Management raises 2026 profit outlook after reporting Q1 revenue jump
• Positive Sentiment: Operating cash flow improved sharply to $91.7 million, while adjusted net income increased 17% and adjusted EBITDA climbed 33.3% year over year, signaling stronger underlying profitability. Abacus Global Management, Inc. Reports First Quarter 2026 Results
• Neutral Sentiment: The company guided second-quarter 2026 adjusted EPS to $0.24–$0.26, roughly in line with consensus, suggesting near-term expectations are steady. Abacus Global Management, Inc. Reports First Quarter 2026 Results
• Negative Sentiment: Q1 earnings of $0.20 per share missed the $0.21 consensus estimate, and the earnings report also fell slightly short on revenue versus expectations, which likely weighed on the stock. Abacus Global Management, Inc. (ABX) Q1 Earnings and Revenues Miss Estimates

Hedge Funds Weigh In On Abacus Global Management

A number of hedge funds have recently modified their holdings of the company. Geode Capital Management LLC bought a new position in shares of Abacus Global Management during the fourth quarter worth $7,353,000. Intech Investment Management LLC bought a new position in shares of Abacus Global Management during the fourth quarter worth $96,000. Goldman Sachs Group Inc. bought a new position in shares of Abacus Global Management during the fourth quarter worth $10,409,000. Franklin Resources Inc. bought a new position in shares of Abacus Global Management during the fourth quarter worth $4,637,000. Finally, Deutsche Bank AG bought a new position in shares of Abacus Global Management during the fourth quarter worth $246,000.

About Abacus Global Management

Abacus Life, Inc operates as an alternative asset manager specializing in life insurance products. It purchases life insurance policies from consumers seeking liquidity and manages policies over time via trading, holding, and/or servicing. The company was founded in 2004 and is based in Orlando, Florida.