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Abacus Reports Record Revenue, Launches Longevity Interval Fund

Tipranks - Fri Aug 7, 4:54PM CDT

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An announcement from Abacus Global Management ( (ABX) ) is now available.

On August 6, 2026, Abacus Global Management reported record second-quarter 2026 revenue of $73.0 million, up 30% year over year, alongside strong non-GAAP results including adjusted net income of $27.1 million and adjusted EBITDA of $39.9 million. Despite higher strategic and acquisition-related expenses lowering GAAP net income to $6.6 million, operating cash flow for the first half of 2026 surged to $130.9 million from $14.5 million a year earlier, underscoring the cash-generating power of its expanding longevity funds platform.

The company exceeded its first-half 2026 longevity fund inflow target by raising $544.2 million in new capital and, following quarter-end, launched the ABX Longevity Growth and Income Fund, its first registered interval fund providing individual investors direct access to the longevity asset class. Abacus also began tokenizing in-force life insurance policies to enhance transparency and liquidity in the secondary market and completed a $53 million minority equity investment and strategic alliance with Manning & Napier, moves that deepen distribution for its LifeARC platform and reinforce its positioning as a leader in lifespan-linked finance.

The most recent analyst rating on (ABX) stock is a Buy
with a $13.50 price target.
To see the full list of analyst forecasts on Abacus Global Management stock,
see the ABX Stock Forecast page.

Spark’s Take on ABX Stock

According to Spark, TipRanks’ AI Analyst, ABX is a Neutral.

ABX scores positively on momentum and forward outlook, driven by strong technical uptrend and a supportive earnings call with raised guidance and sharp operating cash flow improvement. The overall score is held back by uneven multi-year financial consistency and a relatively high P/E with only a modest dividend yield, alongside some execution and leverage-related considerations.

To see Spark’s full report on ABX stock,
click here.

More about Abacus Global Management

Abacus Global Management, Inc., headquartered in Orlando and listed on the NYSE as ABX, operates as a financial services company focused on alternative asset management, data-driven wealth solutions, technology innovations and institutional services. The firm concentrates on longevity-based assets and personalized financial planning, positioning itself as a builder of lifespan-linked financial infrastructure under its LifeARC platform for families and advisors.

The company relies heavily on its investor relations website as a primary channel for disseminating material information, including presentations, news releases and updates on its business and operations. Abacus uses this online platform to satisfy Regulation FD disclosure obligations, signaling to investors that routine website monitoring is integral to staying informed about its strategic developments and financial performance.

Average Trading Volume: 611,852

Technical Sentiment Signal: Buy

Current Market Cap: $989M

For an in-depth examination of ABX stock, go to TipRanks’ Overview page.

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