Brokerages Set Angel Studios, Inc. (NYSE:ANGX) Price Target at $8.50

Angel Studios, Inc. (NYSE:ANGX) has been given an average recommendation of “Moderate Buy” by the seven brokerages that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $8.50.

A number of equities research analysts have recently issued reports on ANGX shares. Wall Street Zen raised shares of Angel Studios from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Angel Studios in a research report on Wednesday, June 24th. Finally, B. Riley Financial reiterated a “buy” rating and issued a $8.00 target price (up from $7.00) on shares of Angel Studios in a report on Tuesday, June 30th.

Angel Studios Trading Down 3.7%

Shares of ANGX opened at $3.69 on Monday. Angel Studios has a 12-month low of $2.05 and a 12-month high of $20.39. The firm has a 50-day moving average price of $3.68 and a 200 day moving average price of $3.37. The firm has a market capitalization of $687.85 million, a P/E ratio of -3.97 and a beta of -0.02.

Angel Studios (NYSE:ANGX) last released its quarterly earnings data on Tuesday, August 4th. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.02. The business had revenue of $111.71 million during the quarter. Equities research analysts predict that Angel Studios will post -0.37 earnings per share for the current fiscal year.

Institutional Trading of Angel Studios

Institutional investors and hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC acquired a new stake in shares of Angel Studios during the first quarter worth about $273,000. Lazard Asset Management LLC purchased a new stake in Angel Studios during the 1st quarter worth approximately $174,000. Hardin Capital Partners LLC increased its stake in Angel Studios by 19.8% during the 2nd 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 period. Cetera Investment Advisers lifted 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 in the last quarter. Finally, Whitcomb & Hess Inc. acquired a new stake in Angel Studios during the 2nd quarter worth approximately $49,000. 38.57% of the stock is currently owned by hedge funds and other institutional investors.

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.