Angel Studios (NYSE:ANGX) Announces Earnings Results, Beats Expectations By $0.02 EPS

Angel Studios (NYSE:ANGX) released its earnings results on Tuesday. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.02, FiscalAI reports. The firm had revenue of $111.71 million during the quarter.

Angel Studios Trading Down 10.1%

NYSE ANGX traded down $0.45 during trading hours on Wednesday, reaching $4.01. The company’s stock had a trading volume of 502,671 shares, compared to its average volume of 1,159,009. The business has a 50-day simple moving average of $3.52 and a 200 day simple moving average of $3.39. Angel Studios has a 52 week low of $2.05 and a 52 week high of $20.39. The stock has a market cap of $747.50 million, a PE ratio of -5.35 and a beta of -0.02.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on ANGX shares. Wall Street Zen raised Angel Studios from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. B. Riley Financial reaffirmed 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 reiterated a “sell (e+)” rating on shares of Angel Studios in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $8.50.

Institutional Trading of Angel Studios

A number of large investors have recently modified their holdings of ANGX. EverSource Wealth Advisors LLC raised its stake in 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 in the last quarter. Whitcomb & Hess Inc. acquired a new position in shares of Angel Studios during the second quarter valued at $49,000. Cetera Investment Advisers raised its stake in shares of 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 purchasing an additional 13,915 shares in the last quarter. Hardin Capital Partners LLC lifted its holdings in 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 purchasing an additional 5,000 shares during the period. Finally, Lazard Asset Management LLC acquired a new stake in Angel Studios in the first quarter worth about $174,000. Institutional investors and hedge funds own 38.57% of the company’s stock.

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.