| 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 |
– 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
ORLANDO, Fla., Oct. 11, 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 it will release its Third Quarter 2024 financial results after the market closes on Thursday, November 7, 2024. Abacus will hold a conference call to discuss the financial results at 5:00 pm Eastern Time on November 7, 2024. 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 (800) 267-6316 (toll-free) or (203) 518-9783 (international), followed by the required Conferenc
- Second Quarter 2024 Total Revenue More Than Doubled Year-over-Year to $29.1 Million - - Net Income of $0.8 Million; Adjusted Net Income Grows 75% Year-over-Year to $11.8 Million - - Adjusted EBITDA Grows 83% Year-over-Year to $16.7 Million - ORLANDO, Fla., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today reported results for the second quarter ended June 30, 2024. "We delivered another excellent quarter, showcasing continued robust growth and profitability, as well as successfully executing on our long-term strategy," said Jay Jackson,
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
ORLANDO, Fla., May 13, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leader in the alternative asset management space, today announced details for the virtual livestream of the Abacus Investor Day and Longevity Summit to be held on Thursday, June 12, 2025, beginning at 9:30AM ET. The Abacus Investor Day and Longevity Summit is a one-day, specialized event focused on applying lifespan to financial products. Abacus will inform its shareholders about the Company's business model, current ABL products, and the outlook for Abacus and its affiliates. Additionally, Abacus has gathered top professionals in the field of longevity and lifespan t
– 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.
ORLANDO, Fla., April 07, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management ("Abacus" or the "Company") (NASDAQ:ABL), a leader in the alternative asset management space, commented on the ongoing macro environment, noting that it remains well-positioned to capitalize on current market volatility, according to Chairman and Chief Executive Officer Jay Jackson. The Company's unique business model provides it with clear strategic advantages in uncertain market conditions. In a recent earnings call, Mr. Jackson highlighted two key factors driving the Company's strong position: First, market uncertainty typically prompts individuals and their financial advisors to seek alternative liquidity sour
- 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
Firmly Establishing One of the Most Robust Investment Banks in the Registered Investment Advisor (RIA) Space Providing Deep Industry Knowledge, Market Leading M&A Advisory, and Debt and Equity Financing as Strategic Growth Advisors to Clients Across Wealth and Asset Management Dynasty Financial Partners, advocate of the independent wealth management movement, announced that Sam Anderson and Harris Baltch have been named Co-Heads of Dynasty Investment Bank. This announcement signifies the next stage in the development of the bank and the continued dynamic growth of Dynasty's industry-leading platform. Anderson and Baltch will report to Justin Weinkle, Dynasty's Chief Financial Officer, who
ORLANDO, Fla., March 11, 2025 (GLOBE NEWSWIRE) -- Abacus Life (NASDAQ:ABL), a leader in the alternative asset management space, today announced it has rebranded to Abacus Global Management (abacusgm.com), effective immediately. The new name better reflects the company's expanded global presence and comprehensive suite of financial services spanning life solutions, asset management, wealth management, and technology solutions. The company's focus on innovative technology represents a core and growing part of its business strategy going forward. "Our evolution to Abacus Global Management represents a significant milestone in our company's journey, to revolutionize financial services though
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., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a pioneering alternative asset manager specializing in leveraging longevity and actuarial technology to offer uncorrelated investment opportunities, today announced that it has entered into warrant exchange agreements (each, an "Exchange Agreement") with certain holders (the "Holders") of its outstanding publicly traded warrants (the "Public Warrants") to purchase shares of the Company's common stock, par value $0.0001 per share ("Common Stock"). Pursuant to their respective Exchange Agreements, the Holders agreed to surrender an aggregate of 4,930,745 Public Warrants in exchange fo
ORLANDO, Fla., Feb. 19, 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 announces the rebranding of FCF Advisors to Abacus FCF Advisors, a subsidiary of ABL Wealth. This rebrand highlights the manager's position as a leader in free cash flow investing and analytics by pioneering the FCF Leaders Model, which serves as the foundation for the firm's quantitative investment process that identifies the most profitable companies. As part of the rebrand, Abacus FCF Advisors announced the lau
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