Abacus Global Management Transfers Listing to NYSE

Written by Emily J. Thompson, Senior Investment Analyst

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ABX+0.85%

Updated: Dec 19 2025

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Abacus Global Management announced its plans to transfer the listing of its common stock to the New York Stock Exchange from the Nasdaq Stock Market. Abacus expects to begin trading as a NYSE listed company on or about December 30, 2025, and will commence trading under new ticker symbol "ABX". The Company's common stock will continue to trade under the ticker symbol "ABL" on Nasdaq until the close of market on December 29, 2025. In addition, the Company's 9.875% Fixed Rate Senior Notes due 2028 currently trading on Nasdaq under symbol "ABLLL" will transfer to NYSE and are expected to begin trading on or about December 30, 2025, under new ticker symbol "ABXL".

ABL

$8.47+Infinity%1D

Analyst Views on ABL

Wall Street analysts forecast ABL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ABL is 12.17 USD with a low forecast of 9.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Analyst Rating

3 Buy

0 Hold

0 Sell

Strong Buy

Current: 8.470

Low

9.00

Averages

12.17

High

14.00

Current: 8.470

Low

9.00

Averages

12.17

High

14.00

Piper Sandler

Overweight

maintain

$9 -> $11

2025-12-23

Reason

Piper Sandler

Price Target

$9 -> $11

AI Analysis

2025-12-23

maintain

Overweight

Reason

Piper Sandler raised the firm's price target on Abacus Global to $11 from $9 and keeps an Overweight rating on the shares as part of a Q4 preview for the asset management group. Deal activity has begun to recover, but private credit has dominated headlines as investors worry about a potential surge in defaults, the analyst tells investors in a research note. Piper believes the concerns are overstated, saying fundamentals are "solid" with loan- to-value ratios in the 30%-40% range, "providing substantial cushion against losses."

Piper Sandler

Overweight

downgrade

$12 -> $10

2025-07-02

Reason

Piper Sandler

Price Target

$12 -> $10

2025-07-02

downgrade

Overweight

Reason

Piper Sandler lowered the firm's price target on Abacus Global to $10 from $12 and keeps an Overweight rating on the shares. The firm notes asset managers have underperformed broader financials and the market year-to-date, but performance has improved in recent months as markets have calmed since the volatility around Liberation Day. In April, sentiment worsened dramatically around tariff announcements with worries deal activity would come to a standstill for months. Since then, there has been some thawing with a return in capital markets activity, Piper adds. In this backdrop, where activity is starting to return but is still far from normal, the firm is favoring credit focused names with management fee focused models.

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TD Cowen

Buy

maintain

$14

2025-06-04

Reason

TD Cowen

Price Target

$14

2025-06-04

maintain

Buy

Reason

Commenting on the report issued by a short seller making allegations against Abacus Global, TD Cowen says that while the firm is still looking into some of the claims, it feels the source cast some doubt. Additionally, Abacus' model, reliant on direct originations and a short holding period, would seem to argue against overvaluation of policies. This report's author holds a short position in Abacus, which could cloud its objectivity, TD Cowen also points out. Additionally, many allegations in the report seem to originate from a key competitor of the company. Relatedly, many of the allegations are not new, as this competitor has publicly questioned Lapetus LEs for over a year, it adds. The firm has a Buy rating on Abacus with a price target of $14.

Piper Sandler

Overweight

maintain

$12

2025-05-09

Reason

Piper Sandler

Price Target

$12

2025-05-09

maintain

Overweight

Reason

Piper Sandler raised the firm's price target on Abacus Global to $12 from $11.50 and keeps an Overweight rating on the shares. The firm notes Abacus reported a core beat driven by revenues and adjusted EBITDA highlighted by a record in capital deployed. In addition, the company reiterated 2025 adjusted net income guidance of $70M to $78M, implying nearly 60% growth in 2025.

About ABL

Abacus Global Management, Inc. is a financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. The Company’s segments include Asset Management, Life Solutions and Technology Services. The Asset Management segment provides asset management services to primarily institutional investors alongside private clients investing in uncorrelated and longevity-based assets, fixed-income replacement strategies and free cash flow based investment solutions. It also provides policy servicing activities to customers on a contract basis. The Life Solutions segment is engaged in buying, selling, and trading policies, and maintaining policies until receipt of death benefits. The Technology Services segment provides real-time mortality verification, missing participant verification, and other services specific to the life insurance market services to customers on a contract basis.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.