ABX (Abacus Global Management, Inc.) Stock Analysis - News

Abacus Global Management, Inc. (ABX) is a publicly traded the market company. As of May 21, 2026, ABX trades at $8.86 with a market cap of $899.75M and a P/E ratio of 23.54. ABX moved +0.62% today. Year to date, ABX is +10.06%; over the trailing twelve months it is flat. Its 52-week range spans $7.18 to $10.54. Analyst consensus is strong buy with an average price target of $13.10. Rallies surfaces ABX's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in ABX news today?

Abacus Raises 2026 Net Income to $100–$106M; Barrick Contractor Exits Mali: Abacus Global Management raised 2026 adjusted net income guidance to $100–$106 million and produced $91.7 million in Q1 operating cash flow. Barrick’s largest Loulo-Gounkoto contractor is exiting Mali, cutting over 600 jobs as the miner scales back high-risk asset exposure.

ABX Key Metrics

Key financial metrics for ABX
MetricValue
Price$8.86
Market Cap$899.75M
P/E Ratio23.54
EPS$0.38
Dividend Yield0.00%
52-Week High$10.54
52-Week Low$7.18
Volume0
Avg Volume0
Revenue (TTM)$235.24M
Net Income$37.31M
Gross Margin87.73%

Latest ABX News

Recent ABX Insider Trades

  • Ganovsky Matthew sold 2.39K (~$20.00K) on Feb 18, 2026.
  • Kirby Kevin Scott sold 2.39K (~$20.00K) on Feb 18, 2026.
  • McNealy Sean sold 2.39K (~$20.00K) on Feb 18, 2026.

ABX Analyst Consensus

5 analysts cover ABX: 0 strong buy, 4 buy, 1 hold, 0 sell, 0 strong sell. Consensus rating is strong buy. Average price target: $13.10.

Common questions about ABX

What changed in ABX news today?
Abacus Raises 2026 Net Income to $100–$106M; Barrick Contractor Exits Mali: Abacus Global Management raised 2026 adjusted net income guidance to $100–$106 million and produced $91.7 million in Q1 operating cash flow. Barrick’s largest Loulo-Gounkoto contractor is exiting Mali, cutting over 600 jobs as the miner scales back high-risk asset exposure.
Does Rallies summarize ABX news?
Yes. Rallies summarizes ABX news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is ABX research on Rallies investment advice?
No. Rallies provides research, data, and educational context for ABX. It does not provide personalized investment advice.
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