Angel Studios (NYSE:ANGX) Announces Earnings Results

Angel Studios (NYSE:ANGX - Get Free Report) posted its quarterly earnings data on Thursday, April 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $0.03, Zacks reports. The business had revenue of $115.11 million for the quarter.

Angel Studios Price Performance

Shares of NYSE ANGX traded up $0.20 during midday trading on Friday, hitting $2.83. 1,318,942 shares of the company's stock were exchanged, compared to its average volume of 1,137,892. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.59 and a current ratio of 0.59. The business's 50 day moving average is $2.92. The stock has a market cap of $526.61 million, a price-to-earnings ratio of -3.77 and a beta of 0.04. Angel Studios has a twelve month low of $2.05 and a twelve month high of $20.39.

Insider Buying and Selling

In other Angel Studios news, Director Steven I. Sarowitz bought 321,544 shares of the business's stock in a transaction on Tuesday, May 5th. The shares were purchased at an average price of $3.06 per share, with a total value of $983,924.64. Following the purchase, the director directly owned 326,840 shares of the company's stock, valued at approximately $1,000,130.40. The trade was a 6,071.45% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 30.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

ANGX has been the subject of several recent research reports. Weiss Ratings reiterated a "sell (e+)" rating on shares of Angel Studios in a research note on Friday, March 27th. B. Riley Financial started coverage on shares of Angel Studios in a research report on Wednesday, February 25th. They issued a "buy" rating and a $7.00 price target on the stock. Maxim Group initiated coverage on shares of Angel Studios in a report on Thursday, January 22nd. They issued a "buy" rating and a $9.00 price target for the company. Texas Capital raised shares of Angel Studios to a "strong-buy" rating in a research report on Tuesday, February 24th. Finally, Wall Street Zen upgraded shares of Angel Studios from a "strong sell" rating to a "sell" rating in a research note on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Angel Studios currently has a consensus rating of "Moderate Buy" and an average price target of $8.25.

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.