Angel Studios (NYSE:ANGX) Shares Down 7.2% - What's Next?

Key Points

• Angel Studios shares fell 7.2% to about $3.92 in mid-day trading, with volume below the stock’s average. The company has a market capitalization of roughly $719 million and trades below analysts’ average target price of $8.50.
• Analyst sentiment remains mixed but leans positive: the consensus rating is “Moderate Buy”, led by B. Riley’s upgraded $8.00 price target, although Weiss Ratings maintains a sell rating.
• Angel Studios exceeded quarterly EPS expectations, reporting a loss of $0.13 per share versus the expected $0.15 loss, alongside $111.71 million in revenue. Analysts nevertheless project a full-year loss of $0.37 per share.

Angel Studios, Inc. (NYSE:ANGX - Get Free Report) traded down 7.2% during mid-day trading on Tuesday . The company traded as low as $3.99 and last traded at $3.9150. Approximately 729,374 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 1,168,459 shares. The stock had previously closed at $4.22.

Analyst Upgrades and Downgrades

Several research firms recently commented on ANGX. B. Riley Financial reaffirmed a "buy" rating and set a $8.00 target price (up from $7.00) on shares of Angel Studios in a report on Tuesday, June 30th. Weiss Ratings restated a "sell (e+)" rating on shares of Angel Studios in a research report on Wednesday, June 24th. Finally, Wall Street Zen raised shares of Angel Studios from a "sell" rating to a "hold" rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $8.50.

Angel Studios Price Performance

The firm has a market cap of $718.61 million, a price-to-earnings ratio of -4.16 and a beta of -0.02. The company's 50 day simple moving average is $3.64 and its 200 day simple moving average is $3.38.

Angel Studios (NYSE:ANGX - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.15) by $0.02. The business had revenue of $111.71 million during the quarter. As a group, analysts forecast that Angel Studios, Inc. will post -0.37 earnings per share for the current year.

Institutional Investors Weigh In On Angel Studios

Several institutional investors have recently modified their holdings of ANGX. Renaissance Technologies LLC purchased a new stake in Angel Studios during the 1st quarter worth about $273,000. Cetera Investment Advisers boosted its holdings in shares of Angel Studios by 124.0% in the 1st quarter. Cetera Investment Advisers now owns 25,135 shares of the company's stock valued at $77,000 after purchasing an additional 13,915 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Angel Studios by 77.0% in the first quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company's stock valued at $27,000 after acquiring an additional 3,793 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Angel Studios during the 1st quarter worth about $174,000. Finally, Whitcomb & Hess Inc. purchased a new stake in Angel Studios during the second quarter worth approximately $49,000. Hedge funds and other institutional investors own 38.57% of the company's stock.

About Angel Studios

Angel Studios, Inc is a media and entertainment company that develops, produces, distributes and licenses film and television content. The company uses a community-driven model through the Angel Guild, whose members help guide content decisions, and focuses on stories intended to “amplify light.” Angel Studios generates revenue from Guild memberships, theatrical releases, content licensing, merchandise, and its Pay It Forward model.

Angel Studios became publicly traded on the New York Stock Exchange under the ticker symbol ANGX in September 2025 following its business combination with Southport Acquisition Corporation, a special purpose acquisition company.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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