Core Viewpoint - Abacus Life, Inc. (ABL) shares have increased by 7.5% recently, with a mean price target of 8.70 [1] Price Targets and Analyst Estimates - The mean estimate consists of five short-term price targets with a standard deviation of 12 suggests a 37.9% increase, while the highest target of $15 indicates a potential surge of 72.4% [2] - A low standard deviation signifies a strong agreement among analysts regarding the stock's price direction [9] Earnings Estimates and Analyst Sentiment - Analysts are optimistic about ABL's earnings prospects, as indicated by upward revisions in EPS estimates, which correlate with potential stock price increases [11] - The Zacks Consensus Estimate for the current year has risen by 1% over the past month, reflecting two upward revisions and one downward revision [12] - ABL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting strong potential for upside [13]
Wall Street Analysts Predict a 57.47% Upside in Abacus Life, Inc. (ABL): Here's What You Should Know