Here is why Abacus Global Management, Inc. (ABX) is among the Best Insurance Stocks to Buy Following Q1 Earnings

With an upside potential of 64.14%, Abacus Global Management, Inc. (NYSE:ABX) is among the 10 Best Insurance Stocks to Buy Following Q1 Earnings.

On May 27, Abacus Global Management, Inc. (NYSE:ABX) and Manning & Napier announced the formation of a strategic alliance agreement alongside the completion of Abacus’s minority equity investment in Manning & Napier. Through the transaction, Abacus joins Callodine Group and East Asset Management as an institutional investor in the firm. The partnership is intended to create value across several key areas, including lead generation and referral opportunities, product development and distribution initiatives, and the delivery of integrated client solutions. The agreement establishes a framework for ongoing collaboration between the two organizations and is expected to enhance the capabilities and reach of their respective platforms.

On May 8, Piper Sandler analyst Crispin Love raised the firm’s price target on Abacus Global Management, Inc. (NYSE:ABX) to $10 from $9.50 while maintaining a Neutral rating on the shares. The firm noted that the company delivered core results that exceeded its internal expectations, although performance came in slightly below broader market estimates. Importantly, Abacus increased its 2026 guidance, raising the midpoint of its adjusted net income forecast to $103 million from the previous midpoint of $100 million, reflecting management’s confidence in the company’s earnings trajectory and business momentum.

Founded in 2004 and headquartered in Orlando, Florida, Abacus Global Management, Inc. (NYSE:ABX) is a financial services firm that specializes in alternative asset management, data-driven wealth solutions, life settlements, and life insurance-related technology innovations.

While we acknowledge the risk and potential of ABX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ABX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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