Angel Studios (NYSE:ANGX) Upgraded by Wall Street Zen to "Hold" Rating

Key Points

• Wall Street Zen upgraded Angel Studios from “Sell” to “Hold,” while the broader analyst consensus remains “Moderate Buy” with an $8.50 target price.
• ANGX shares opened at $4.30, well below the consensus target, after trading between $2.05 and $20.39 over the past year. The company reported quarterly revenue of $111.71 million and a loss of $0.13 per share, beating the expected loss of $0.15.
• Institutional investors increased or initiated positions in the stock, with institutions now owning 38.57% of Angel Studios’ shares.

Angel Studios (NYSE:ANGX - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a report released on Saturday.

Several other equities research analysts also recently commented on ANGX. B. Riley Financial reiterated a "buy" rating and issued a $8.00 price objective (up from $7.00) on shares of Angel Studios in a report on Tuesday, June 30th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Angel Studios in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $8.50.

Angel Studios Trading Up 0.1%

Shares of ANGX opened at $4.30 on Friday. The company has a market cap of $802.50 million, a price-to-earnings ratio of -4.63 and a beta of -0.02. The business's fifty day simple moving average is $3.61 and its two-hundred day simple moving average is $3.39. Angel Studios has a 12 month low of $2.05 and a 12 month high of $20.39.

Angel Studios (NYSE:ANGX - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.02. The business had revenue of $111.71 million during the quarter. As a group, research analysts forecast that Angel Studios will post -0.39 EPS for the current year.

Institutional Investors Weigh In On Angel Studios

A number of large investors have recently made changes to their positions in ANGX. EverSource Wealth Advisors LLC increased its position in shares of Angel Studios by 77.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company's stock valued at $27,000 after purchasing an additional 3,793 shares during the last quarter. Hardin Capital Partners LLC boosted its holdings in shares of Angel Studios by 19.8% in the second quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company's stock worth $111,000 after buying an additional 5,000 shares during the last quarter. Whitcomb & Hess Inc. bought a new stake in Angel Studios during the second quarter valued at approximately $49,000. Cetera Investment Advisers grew its position in Angel Studios by 124.0% during the first quarter. Cetera Investment Advisers now owns 25,135 shares of the company's stock valued at $77,000 after buying an additional 13,915 shares during the period. Finally, Lazard Asset Management LLC bought a new stake in Angel Studios during the first quarter valued at approximately $174,000. 38.57% of the stock is currently owned by institutional investors.

Angel Studios Company Profile

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.

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