Abacus Life (ABL) Stock Forecast, Price Target & Predictions
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.
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
ABL Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Abacus Life | 73.52% |
Sector | Financial Services Stocks | 2.38% |
Industry | Life Insurance Stocks | -2.26% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 3 |
Avg Price Target | - | - | $13.50 |
Last Closing Price | $7.78 | $7.78 | $7.78 |
Upside/Downside | - | - | 73.52% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | 1 | 3 | - | - | - | 4 |
Dec, 24 | 1 | 3 | - | - | - | 4 |
Nov, 24 | 1 | 3 | - | - | - | 4 |
Oct, 24 | 1 | 3 | - | - | - | 4 |
Sep, 24 | 1 | 3 | - | - | - | 4 |
Latest Price Target by Analysts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 24, 2024 | Mike Grondahl | Northland Securities | $13.50 | $8.88 | 52.03% | 73.52% |
Jun 26, 2024 | Crispin Love | Piper Sandler | $12.00 | $8.65 | 38.73% | 54.24% |
Jun 24, 2024 | Matt Howlett | B.Riley Financial | $15.00 | $8.73 | 71.82% | 92.80% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 29, 2024 | B. Riley | Buy | Buy | hold |
Aug 07, 2024 | Cowen & Co. | Buy | initialise | |
Jun 26, 2024 | Piper Sandler | Overweight | initialise | |
May 31, 2024 | B. Riley | Buy | initialise |
Financial Forecast
EPS Forecast
Annual
Dec 23 | Dec 24 | Dec 25 | Dec 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
Annual
Dec 23 | Dec 24 | Dec 25 | Dec 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
Annual
Dec 23 | Dec 24 | Dec 25 | Dec 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% | - | - | - |