Angel Studios (NYSE:ANGX) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Angel Studios (NYSE:ANGX) from a sell rating to a hold rating in a research report report published on Saturday morning.

A number of other analysts also recently weighed in on the stock. 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 report on Tuesday, June 30th. Weiss Ratings reissued a “sell (e+)” rating on shares of Angel Studios in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $8.50.

Angel Studios Stock Performance

Shares of NYSE ANGX opened at $4.30 on Friday. Angel Studios has a 52 week low of $2.05 and a 52 week high of $20.39. The stock has a market capitalization of $802.50 million, a P/E ratio of -4.63 and a beta of -0.02. The stock’s fifty day moving average is $3.61 and its 200 day moving average is $3.39.

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

Institutional Trading of Angel Studios

A number of hedge funds and other institutional investors have recently modified their holdings of ANGX. Whitcomb & Hess Inc. acquired a new position in shares of Angel Studios during the second quarter worth $49,000. Hardin Capital Partners LLC boosted its holdings in shares of Angel Studios by 19.8% during the 2nd quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company’s stock valued at $111,000 after acquiring an additional 5,000 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Angel Studios by 77.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock worth $27,000 after acquiring an additional 3,793 shares during the last quarter. Lazard Asset Management LLC bought a new stake in Angel Studios during the 1st quarter worth $174,000. Finally, Renaissance Technologies LLC bought a new stake in Angel Studios during the 1st quarter worth $273,000. Institutional investors own 38.57% of the company’s stock.

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.