Angel Studios (NYSE:ANGX) Shares Gap Up Following Strong Earnings

Angel Studios, Inc. (NYSE:ANGX)’s share price gapped up before the market opened on Friday following a stronger than expected earnings report. The stock had previously closed at $2.57, but opened at $2.82. Angel Studios shares last traded at $2.9660, with a volume of 1,035,085 shares.

The company reported $999.00 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $999.11.

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 reiterated a “sell (e+)” rating on shares of Angel Studios in a research note on Friday, March 27th. Texas Capital upgraded Angel Studios to a “strong-buy” rating in a research note on Tuesday, February 24th. Wall Street Zen raised Angel Studios from a “strong sell” rating to a “sell” rating in a report on Saturday. Finally, Maxim Group initiated coverage on Angel Studios in a report on Thursday, January 22nd. They issued a “buy” rating and a $9.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Angel Studios has a consensus rating of “Moderate Buy” and a consensus target price of $8.25.

Angel Studios Trading Down 4.3%

The company’s 50 day simple moving average is $3.20. 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 company has a market capitalization of $511.07 million, a P/E ratio of -4.50 and a beta of 0.04.

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.