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Abacus Global Management, Inc. (NASDAQ:ABL) Maintains Overweight Rating and Prepares for NYSE Transition

  • Piper Sandler maintains an "Overweight" rating for NASDAQ:ABL, raising the price target from $9 to $11.
  • Abacus Global Management, Inc. is transitioning its Class A common stock listing from NASDAQ to NYSE, with the new ticker "ABX" starting December 30, 2025.
  • The company's 9.875% Fixed Rate Senior Notes will also move to the NYSE, expected to trade under the symbol "ABXL" from December 30, 2025.

Abacus Global Management, Inc. (NASDAQ:ABL) is a key player in the alternative asset management industry. On December 23, 2025, Piper Sandler maintained its "Overweight" rating for ABL, with a "hold" action, while raising the price target from $9 to $11. At that time, ABL's stock price was $8.50, indicating potential growth.

Abacus is transitioning its Class A common stock listing from Nasdaq to the New York Stock Exchange (NYSE), with trading expected to start on December 30, 2025, under the new ticker "ABX." Until December 29, 2025, the stock will continue trading on Nasdaq as "ABL." This move is seen as a strategic decision to enhance shareholder value, as highlighted by CEO Jay Jackson.

The company's 9.875% Fixed Rate Senior Notes, currently trading on Nasdaq as "ABLLL," will also move to the NYSE, expected to trade under the symbol "ABXL" starting December 30, 2025. This transition is part of Abacus's broader strategy to increase its market presence and visibility.

Currently, ABL's stock price is $8.49, reflecting a slight decrease of 0.18% with a change of $0.015. The stock has fluctuated between $8.38 and $8.7 today. Over the past year, ABL has seen a high of $9.61 and a low of $4.6, with a market capitalization of approximately $830.41 million and a trading volume of 436,740 shares on Nasdaq.