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

Market Beat
2026.05.07 21:03
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Abacus Global Management (NYSE:ABX) has updated its FY 2026 earnings guidance, projecting EPS between 1.000 and 1.05, surpassing the consensus estimate of 0.980. The company also set Q2 2026 EPS guidance at 0.240-0.26. Analysts have recently downgraded the stock's rating to 'hold', with a target price reduction from $11.00 to $9.50. Currently, ABX shares are trading at $9.38, down 0.7%. The stock has a market cap of $905.16 million and a PE ratio of 25.34. Institutional investors have been increasing their stakes in the company.