Above Food shares surge 14.59% after-hours after raising FY2026 profit outlook above $40 million.

Above Food Ingredients Inc. (ABVE) surged 14.59% in after-hours trading, driven by multiple positive developments. The company raised its FY2026 profit outlook above $40 million and confirmed a clear path to completing its merger with Palm Global Technologies, signaling strong future profitability. Additionally, ABVE announced compliance with NASDAQ listing requirements and highlighted a clean balance sheet, reinforcing investor confidence. These updates, combined with strategic acquisitions and restructuring efforts in agri-tech and fintech, underscore improved operational clarity and growth potential, directly aligning with the stock’s sharp after-hours rally.