Abacus Life (ABL) Stock Forecast, Price Target & Predictions


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ABL Stock Forecast


Abacus Life (ABL) stock forecast, based on 3 Wall Street analysts, predicts a 12-month average price target of $13.50, with a high of $13.50 and a low of $13.50. This represents a 73.52% increase from the last price of $7.78.

$7 $8 $9 $10 $11 $12 $13 $14 High: $13.5 Avg: $13.5 Low: $13.5 Last Closed Price: $7.78

ABL Stock Rating


Abacus Life stock's rating consensus is Buy, based on 3 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 3 0 3 Strong Sell Sell Hold Buy Strong Buy

ABL Forecast vs Benchmarks


TypeNameUpside
StockAbacus Life73.52%
SectorFinancial Services Stocks 2.38%
IndustryLife Insurance Stocks -2.26%

Price Target Trends


1M3M12M
# Anlaysts--3
Avg Price Target--$13.50
Last Closing Price$7.78$7.78$7.78
Upside/Downside--73.52%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 2513---4
Dec, 2413---4
Nov, 2413---4
Oct, 2413---4
Sep, 2413---4
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 24, 2024Mike GrondahlNorthland Securities$13.50$8.8852.03%73.52%
Jun 26, 2024Crispin LovePiper Sandler$12.00$8.6538.73%54.24%
Jun 24, 2024Matt HowlettB.Riley Financial$15.00$8.7371.82%92.80%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Aug 29, 2024B. RileyBuyBuyhold
Aug 07, 2024Cowen & Co.Buyinitialise
Jun 26, 2024Piper SandlerOverweightinitialise
May 31, 2024B. RileyBuyinitialise

Financial Forecast


EPS Forecast

Dec 23 Dec 24 Dec 25 Dec 26
Dec 23Dec 24Dec 25Dec 26
Reported$0.17---
Avg Forecast$-0.09$0.62$0.75$0.70
High Forecast$-0.10$0.60$0.65$0.51
Low Forecast$-0.08$0.64$0.80$0.89
Surprise %-288.89%---

Revenue Forecast

$50M $100M $150M $200M $250M $300M Dec 23 Dec 24 Dec 25 Dec 26
Dec 23Dec 24Dec 25Dec 26
Reported$66.40M---
Avg Forecast$95.38M$107.47M$182.83M$232.74M
High Forecast$87.33M$106.21M$161.14M$206.08M
Low Forecast$101.70M$109.55M$206.29M$263.83M
Surprise %-30.38%---

Net Income Forecast

$-10M $3M $16M $29M $42M $55M Dec 23 Dec 24 Dec 25 Dec 26
Dec 23Dec 24Dec 25Dec 26
Reported$9.52M---
Avg Forecast$-5.32M$35.82M$42.13M$40.44M
High Forecast$-5.85M$34.66M$37.55M$29.46M
Low Forecast$-4.79M$36.97M$46.21M$51.41M
Surprise %-278.85%---

ABL Forecast FAQ


Is Abacus Life stock a buy?

Abacus Life stock has a consensus rating of Buy, based on 3 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Abacus Life is a favorable investment for most analysts.

What is Abacus Life's price target?

Abacus Life's price target, set by 3 Wall Street analysts, averages $13.5 over the next 12 months. The price target range spans from $13.5 at the low end to $13.5 at the high end, suggesting a potential 73.52% change from the previous close price of $7.78.

How does Abacus Life stock forecast compare to the average forecast of its sector, industry, and investment themes?

Abacus Life stock forecast shows a 73.52% upside, outperforming the average forecast for the financial services stocks sector (2.38%) and outperforming the life insurance stocks industry (-2.26%).

What is the breakdown of analyst ratings for Abacus Life over the past three months?

  • January 2025: 25.00% Strong Buy, 75.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 25.00% Strong Buy, 75.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 25.00% Strong Buy, 75.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is Abacus Life’s EPS forecast?

Abacus Life's average annual EPS forecast for its fiscal year ending in December is 0.62 for 2024, a 264.71% increase from the reported $0.17 in 2023. The prediction for 2025 is $0.75, and $0.7 for 2026.

What is Abacus Life’s revenue forecast?

Abacus Life's average annual revenue forecast for its fiscal year ending in December is $107.47M for 2024, a 61.85% increase from the reported $66.4M in 2023. The forecast for 2025 is $182.83M, and $232.74M for 2026.

What is Abacus Life’s net income forecast?

For its fiscal year ending in December, Abacus Life's average annual net income forecast is $35.82M for 2024, reflecting an 276.35% increase from the reported $9.52M in 2023. The projection for 2025 is $42.13M, and $40.44M for 2026.