Abacus Global Soars 10.26% on Earnings Report

On March 27, 2025, Abacus Global's stock price rose 10.26% in pre-market trading.

Abacus Global recently reported its earnings, with a loss of $0.19 per share for the last 12 months. The company's revenue stood at $102.41 million, while its net income was -$11.93 million. Despite the losses, the company's gross margin remains strong at 90.90%.

Abacus Global's financial position shows a current ratio of 1.29 and a debt-to-equity ratio of 0.71, indicating a relatively stable financial health. The company's return on equity (ROE) is -5.79%, while its return on invested capital (ROIC) is 3.62%.

Analysts have set an average price target of $13.88 for Abacus Global, which is 92.51% higher than the current price. The consensus rating among analysts is "Strong Buy," with a forecasted EPS growth of 60.45% over the next five years.