Abacus Life, Inc. (ABL)
NASDAQ: ABL · Real-Time Price · USD
8.86
+0.43 (5.10%)
Nov 20, 2024, 4:00 PM EST - Market closed
Abacus Life Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Abacus Life stock have an average target of 14.13, with a low estimate of 13 and a high estimate of 16. The average target predicts an increase of 59.48% from the current stock price of 8.86.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Abacus Life stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Reiterates $12 → $13 | Buy | Reiterates | $12 → $13 | +46.73% | Nov 8, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $14 | Buy | Initiates | $14 | +52.37% | Oct 24, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $15 → $16 | Strong Buy | Reiterates | $15 → $16 | +80.59% | Aug 29, 2024 |
| TD Cowen | TD Cowen | Strong Buy Initiates $14 | Strong Buy | Initiates | $14 | +58.01% | Aug 7, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $12 | Buy | Initiates | $12 | +35.44% | Jun 26, 2024 |
Financial Forecast
Revenue This Year
111.35M
from 66.40M
Increased by 67.69%
Revenue Next Year
180.05M
from 111.35M
Increased by 61.70%
EPS This Year
0.57
from 0.16
Increased by 258.39%
EPS Next Year
0.82
from 0.57
Increased by 43.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 120.2M | 206.5M | 276.4M |
| Avg | 111.4M | 180.1M | 234.7M |
| Low | 102.1M | 148.7M | 186.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 80.9% | 85.4% | 53.5% |
| Avg | 67.7% | 61.7% | 30.3% |
| Low | 53.7% | 33.5% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.61 | 1.08 | 1.58 |
| Avg | 0.57 | 0.82 | 1.13 |
| Low | 0.53 | 0.73 | 0.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 281.3% | 88.6% | 91.6% |
| Avg | 258.4% | 43.4% | 37.6% |
| Low | 230.7% | 26.5% | 7.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.