Abacus Global Management, Inc.

ABX · NYSE

Market closed$10.36$-0.150000 (-1.43%)After hours $10.36 · 0.00%

Key statistics

Previous close$10.51
Open$10.30
Day high$10.59
Day low$10.11
52-week high$12.44
52-week low$4.96
Market cap993.76M
Volume697.95K
Average volume605.55K
P/E ratio12.19
Forward P/E
EPS0.85
Dividend yield+1.93%

Market context

Why it moved

ABX (Abacus Global Management) declined modestly following the announcement of its Q2 2026 earnings date, which historically has triggered slightly negative average price reactions, while a Piper Sandler analyst maintained a Neutral rating on the stock despite raising the price target.

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Abacus Global Management closed modestly lower after a volatile session, as the company announced its Q2 2026 earnings call scheduled for August 6 — a catalyst investors will be watching given Q1 revenue surged 34.55% year-over-year to $59.4M. The session followed last week's launch of the ABX Longevity Growth and Income Fund, the first registered interval fund dedicated to longevity assets, which aims to democratize an asset class historically reserved for institutions. Broader financial sector headwinds — including a tech-led selloff, escalating U.S.-Iran tensions, and risk-off sentiment — weighed on markets, with the S&P 500 pulling back on the day.

-1.4272

July 16, 2026Abacus Global Management closed down 3.40% amid broad tech-driven market weakness, even as the company made a significant strategic move — launching the ABX Longevity Growth and Income Fund (ABXGX), the first registered interval fund dedicated to longevity assets. The new fund is designed to democratize access to life settlement and longevity-linked investments previously limited to institutional investors, extending Abacus's growing platform to individual investors and advisors. Despite 34.55% year-over-year revenue growth in Q1 2026, the stock faced pressure as the broader financial sector (XLF near 52-week highs) diverged from life insurance peers, and institutional holders showed mixed signals, with Morgan Stanley adding significantly while major funds like Citadel and Goldman Sachs trimmed positions.

-3.4007

July 16, 2026Abacus Global Management declined 2.33%, against a constructive backdrop for the broader financial sector, as the company unveiled a marquee product launch: the ABX Longevity Growth and Income Fund (ABXGX), the first registered interval fund dedicated to longevity assets. The fund aims to democratize access to life settlement and longevity-linked investments previously reserved for institutional investors, a strategic expansion that underscores Abacus's push to broaden its platform. Despite the stock's session pullback on above-average volume, shares recovered in after-hours trading, rising roughly 2%, as investors digested the fund launch alongside mixed institutional positioning data showing major hedge funds trimming stakes in Q1 while newer entrants like Morgan Stanley meaningfully added exposure.

-2.3339

July 14, 2026Abacus Global Management edged higher in regular trading and extended its gains in after-hours, outperforming the broader financial sector ETF (XLF) which was little changed after hours. The life insurance specialist benefited from a constructive backdrop for financial services stocks, as cooler-than-expected June CPI data (headline inflation at 3.5%) lifted sentiment across the sector and Wall Street banks posted blowout Q2 earnings led by Goldman Sachs surging over 7%. While macro headwinds persist — including renewed US-Iran tensions, elevated oil prices, and a hawkish Fed — the softer inflation print eased near-term rate hike fears, providing a tailwind for insurance and financial stocks broadly.

1.2727

July 14, 2026Abacus Global Management shares slipped modestly, closing near $11.00, even as Piper Sandler raised its price target on the life settlement specialist from $10 to $13—a 30% increase—while maintaining a Neutral rating. The upgrade follows a remarkable run for the stock, which has surged roughly 73% over the past 18 months from around $6.92, recently hitting InvestingPro's fair value target. Separately, Abacus recently amended its credit facility to $225M in aggregate term loans, extending funding visibility to 2030, though rising leverage remains a key risk investors are monitoring heading into a macro-heavy week.

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July 11, 2026Abacus Global Management tumbled sharply, closing down over 7%, as investors appeared to reassess the company's ambitious blockchain tokenization initiative announced earlier in the week. The July 7 announcement to tokenize its secondary life insurance portfolio — targeting the $224 billion market — drew a muted initial reaction, and selling pressure has since intensified, compounded by elevated short interest of 21.3% of float. The Financial Select Sector SPDR (XLF) closed largely flat, suggesting the decline is company-specific rather than a broader financial sector move.

-7.3394

July 9, 2026Abacus Global Management shares gained over 3% in regular trading, outperforming the broader financial sector as investors continued to respond to the company's July 7 announcement to tokenize secondary life insurance assets using blockchain infrastructure. With over 100 policies already on-chain and plans to migrate its entire balance sheet portfolio by year-end, the initiative targets the $224B secondary life insurance market and aims to compress multi-week tertiary transfers into days — drawing renewed investor interest despite elevated short interest of 21.3% that could amplify volatility.

3.0954

July 8, 2026Abacus Global Management declined after closing the regular session, with shares continuing to slip further in after-hours trading. The primary catalyst in focus is the company's July 7 announcement to tokenize its secondary life insurance assets — putting policy data, chain of title, and cash-flow rights on an immutable blockchain ledger across a $224 billion addressable market, with over 100 policies already on-chain and full balance sheet migration targeted by year-end 2026. The broader backdrop is risk-off, as President Trump declared the U.S.-Iran interim peace deal "over," sending oil surging 5%+ and weighing on equities and financials broadly, with the XLF financial sector ETF also dipping in after-hours.

-1.4407

TradingView · July 17, 2026ABX: Abacus leverages proprietary data and AI to lead lifespan-linked finance, targeting $250M EBITDA by 2028Quiver Quantitative · July 17, 2026Abacus Global Management Announces Date for Second Quarter 2026 Financial Results Conference CallTradingView · July 16, 2026ABX: Proprietary data and AI-driven platform fuel rapid growth, recurring revenue, and global expansionGlobeNewswire · July 15, 2026Abacus Global Management Launches ABX Longevity Growth and Income Fund (ABXGX)Stock Titan · July 15, 2026New Abacus Fund Brings Longevity Investing to Individualsmarketscreener.com · July 15, 2026Abacus Global Management Launches Abx Longevity Growth and Income FundStock Titan · July 14, 2026Maria Bartiromo, John Catsimatidis to Join Abacus Investor DayGlobeNewswire · July 14, 2026Abacus Global Management Announces Virtual Livestream
Benzinga · July 13, 2026Piper Sandler Maintains Neutral on Abacus Global Management, Raises Price Target to $13
Benzinga · July 7, 2026Abacus Global Management Plans To Tokenize Secondary Life Insurance Assets
Benzinga · June 26, 2026Abacus Global Management Announces Its Defamation Case Against Coventry First And Its Chairman Alan Buerger Proceeds To U.S. District Court As Court Denies Coventry's Motion To Dismiss
Mt Newswire · May 27, 2026Abacus Global Management, Manning & Napier Form Strategic Alliance
Benzinga · May 27, 2026Abacus Global Management And Manning & Napier Announce Entrance Into Strategic Alliance Agreement And Closing Of Abacus's Minority Equity Investment In Manning & Napier
Mt Newswire · May 7, 2026GUIDANCE: (ABX) Abacus Global Management, Inc. Expects Q2 Adjusted EPS Range $0.24 - $0.26
Mt Newswire · May 7, 2026Earnings Flash (ABX) Abacus Global Management, Inc. Reports Q1 Revenue $59.4M, vs. FactSet Est of $64.2M
Mt Newswire · May 7, 2026Earnings Flash (ABX) Abacus Global Management, Inc. Posts Q1 Adjusted EPS $0.20 per Share, vs. FactSet Est of $0.21

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