Angel Studios, Inc. (NYSE:ANGX) Receives $8.50 Average Target Price from Analysts

Angel Studios, Inc. (NYSE:ANGX) has received an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $8.50.

Several research analysts have recently issued reports on ANGX shares. Wall Street Zen raised Angel Studios from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. B. Riley Financial restated a “buy” rating and set a $8.00 price target (up from $7.00) on shares of Angel Studios in a research report on Tuesday, June 30th. Finally, Weiss Ratings upgraded shares of Angel Studios from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 19th.

Insiders Place Their Bets

In other news, insider Jeffrey Harmon bought 51,380 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were purchased at an average cost of $4.26 per share, with a total value of $218,878.80. Following the completion of the acquisition, the insider directly owned 256,404 shares in the company, valued at approximately $1,092,281.04. The trade was a 25.06% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven I. Sarowitz acquired 57,922 shares of Angel Studios stock in a transaction dated Friday, August 14th. The shares were acquired at an average price of $4.26 per share, with a total value of $246,747.72. Following the transaction, the director owned 741,225 shares in the company, valued at approximately $3,157,618.50. This represents a 8.48% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 641,817 shares of company stock worth $2,551,518 in the last three months. Company insiders own 30.10% of the company’s stock.

Institutional Trading of Angel Studios

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC lifted 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 acquiring an additional 3,793 shares during the last quarter. OneAscent Financial Services LLC acquired a new stake in shares of Angel Studios during the second quarter worth $41,000. Whitcomb & Hess Inc. purchased a new stake in shares of Angel Studios during the second quarter valued at $49,000. Cetera Investment Advisers raised its holdings in Angel Studios by 124.0% during the 1st quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock worth $77,000 after buying an additional 13,915 shares during the period. Finally, AXQ Capital LP acquired a new stake in Angel Studios during the 2nd quarter worth about $100,000. 38.57% of the stock is owned by institutional investors and hedge funds.

Angel Studios Stock Up 8.8%

ANGX opened at $5.36 on Friday. The firm has a market cap of $1.00 billion, a price-to-earnings ratio of -5.77 and a beta of -0.02. Angel Studios has a fifty-two week low of $2.05 and a fifty-two week high of $20.39. The company’s 50-day moving average price is $4.28 and its 200 day moving average price is $3.52.

Angel Studios (NYSE:ANGX) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.02. The firm had revenue of $111.71 million during the quarter. Research analysts anticipate that Angel Studios will post -0.37 earnings per share for the current year.

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.