--- title: "Abacus Global Management Lifts 2026 Outlook After Strong Q1" type: "News" locale: "en" url: "https://longbridge.com/en/news/285629871.md" description: "Abacus Global Management reported strong Q1 2026 results, with total revenue up 35% to $59.4 million and GAAP net income rising 59% to $7.3 million. Operating cash flow improved significantly, and adjusted net income guidance for 2026 was raised to $100–$106 million. The company also announced a $53 million acquisition of a minority stake in Manning & Napier and secured board approval for $20 million in share repurchases. Analysts rate ABX stock as a Buy with a price target of $13.50, although concerns about cash generation persist." datetime: "2026-05-07T22:17:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285629871.md) - [en](https://longbridge.com/en/news/285629871.md) - [zh-HK](https://longbridge.com/zh-HK/news/285629871.md) --- # Abacus Global Management Lifts 2026 Outlook After Strong Q1 ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The latest update is out from Abacus Global Management ( (ABX) ). Abacus Global Management on May 7, 2026, reported first-quarter 2026 results showing total revenue up 35% year-over-year to $59.4 million and GAAP net income rising 59% to $7.3 million, supported by a sharp turnaround in operating cash flow to $91.7 million from negative $61.6 million a year earlier. Adjusted net income increased 17% to $20.1 million, adjusted EBITDA climbed 33.3% to $32.7 million with margins holding near 55%, and longevity income fund assets under management nearly quadrupled to about $1 billion, helping lift full-year 2026 adjusted net income guidance to $100–$106 million and underpinning a new full-year adjusted EPS outlook of $1.00–$1.05. The company reported gross AUM of roughly $3.6 billion on $378 million of inflows, deployed $163.6 million of origination capital, returned 100% of investor capital in its LMA Income II Fund with about two-thirds of investors recommitting, and secured board approval for up to $20 million in additional share repurchases, signaling confidence in its recurring earnings model. Abacus also agreed on March 12, 2026, to acquire a roughly $53 million minority stake in wealth and asset manager Manning & Napier, announced several senior leadership changes in April, and highlighted stable returns on invested capital and equity, underscoring its growing scale in longevity-focused assets and its emphasis on capital efficiency and institutional demand. 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. The score is held back primarily by weak cash generation (negative operating/free cash flow in 2023–2025) and moderate leverage, despite a meaningful rebound in 2025 profitability. Offsetting this, the latest earnings call was upbeat with growth guidance and operational momentum, while technicals and valuation appear neutral-to-mixed rather than strongly supportive. To see Spark’s full report on ABX stock, click here. **More about Abacus Global Management** Abacus Global Management, Inc. is a financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services, with a focus on longevity-based assets and personalized financial planning. The NYSE-listed firm targets structurally uncorrelated, mortality-driven investments that appeal to institutions seeking diversification from traditional credit and equity cycles. **Average Trading Volume:** 653,665 **Technical Sentiment Signal:** Buy **Current Market Cap:** $902.6M Find detailed analytics on ABX stock on TipRanks’ Stock Analysis page. ### Related Stocks - [ABX.US](https://longbridge.com/en/quote/ABX.US.md) - [ABXL.US](https://longbridge.com/en/quote/ABXL.US.md) - [ABL.US](https://longbridge.com/en/quote/ABL.US.md) - [ABLLW.US](https://longbridge.com/en/quote/ABLLW.US.md) - [ABLLL.US](https://longbridge.com/en/quote/ABLLL.US.md) ## Related News & Research - [Abacus Global Management unveils LifeARC AI platform, $50M Manning & Napier investment](https://longbridge.com/en/news/289332874.md) - [Abacus Global Forms Strategic Alliance with Manning & Napier](https://longbridge.com/en/news/287794368.md) - [HONEYWELL REAFFIRMS 2026 OUTLOOK AHEAD OF HONEYWELL AEROSPACE SPIN-OFF; INITIATES 2026 OUTLOOK FOR HONEYWELL TECHNOLOGIES | HON Stock News](https://longbridge.com/en/news/289035994.md) - [Global Business Travel Group provides Q1–Q2 2026 transaction growth metrics amid proposed merger](https://longbridge.com/en/news/289060875.md) - [Two Harbors Investment postpones special meeting to June 23, 2026](https://longbridge.com/en/news/289047645.md)