Angel Studios (NYSE:ANGX) Stock Price Up 6% - Should You Buy?

Angel Studios, Inc. (NYSE:ANGX - Get Free Report)'s share price rose 6% during trading on Wednesday . The company traded as high as $2.57 and last traded at $2.5650. Approximately 1,420,066 shares changed hands during mid-day trading, an increase of 33% from the average daily volume of 1,063,873 shares. The stock had previously closed at $2.42.

Wall Street Analysts Forecast Growth

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

Angel Studios Stock Performance

The stock has a market cap of $511.07 million, a PE ratio of -4.50 and a beta of 0.04. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.12. The stock's 50-day simple moving average is $3.20.

Angel Studios (NYSE:ANGX - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $999.00 EPS for the quarter, beating analysts' consensus estimates of ($0.11) by $999.11. Equities analysts predict that Angel Studios, Inc. will post -0.41 earnings per share for the current year.

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.