Abacus Life, Inc. (ABL)
NASDAQ: ABL · Real-Time Price · USD
7.72
+0.21 (2.80%)
Dec 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 14.38, with a low estimate of 13 and a high estimate of 17. The average target predicts an increase of 86.27% from the current stock price of 7.72.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 2 | 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 | 3 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $16 → $17 | Strong Buy | Maintains | $16 → $17 | +120.21% | Nov 25, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $12 → $13 | Buy | Reiterates | $12 → $13 | +68.39% | Nov 8, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $14 | Buy | Initiates | $14 | +74.87% | Oct 24, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $15 → $16 | Strong Buy | Reiterates | $15 → $16 | +107.25% | Aug 29, 2024 |
| TD Cowen | TD Cowen | Strong Buy Initiates $14 | Strong Buy | Initiates | $14 | +81.35% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
113.48M
from 66.40M
Increased by 70.90%
Revenue Next Year
187.47M
from 113.48M
Increased by 65.20%
EPS This Year
0.65
from 0.16
Increased by 304.00%
EPS Next Year
0.85
from 0.65
Increased by 31.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 126.4M | 214.6M | 299.2M |
| Avg | 113.5M | 187.5M | 245.7M |
| Low | 104.1M | 164.8M | 196.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 90.3% | 89.1% | 59.6% |
| Avg | 70.9% | 65.2% | 31.1% |
| Low | 56.7% | 45.2% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.69 | 1.10 | 1.64 | |
| Avg | 0.65 | 0.85 | 1.17 | |
| Low | 0.60 | 0.73 | 0.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 333.1% | 70.6% | 93.3% | |
| Avg | 304.0% | 31.1% | 37.9% | |
| Low | 273.6% | 13.1% | 4.1% |
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.