Wall Street Analysts See a 76.37% Upside in Abacus Life, Inc. (ABL): Can the Stock Really Move This High?

Group 1 - Abacus Life, Inc. (ABL) shares have increased by 2.6% over the past four weeks, closing at $7.87, with a mean price target of$13.88 indicating a potential upside of 76.4% [1] - The average price targets range from a low of $13 to a high of$15, with a standard deviation of $0.85, suggesting a consensus among analysts regarding the stock's potential [2] - Analysts have shown optimism about ABL's earnings prospects, with a positive trend in earnings estimate revisions correlating with potential stock price increases [4][10] Group 2 - The Zacks Consensus Estimate for ABL's current year earnings has increased by 3.4% over the last 30 days, indicating a positive outlook [11] - ABL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, suggesting strong potential for upside [12] - While price targets can be misleading, the direction indicated by the consensus price target for ABL appears to be a reliable guide for potential price movement [9][12]