Angel Studios (NYSE:ANGX) Upgraded 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 note released on Saturday.

ANGX has been the topic of a number of other reports. B. Riley Financial reissued a “buy” rating and issued a $8.00 price objective (up from $7.00) on shares of Angel Studios in a research note on Tuesday, June 30th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Angel Studios in a research report on Wednesday, June 24th. One 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 stock. According to data from MarketBeat, Angel Studios presently has a consensus rating of “Moderate Buy” and a consensus price target of $8.50.

Angel Studios Trading Down 1.9%

Shares of NYSE:ANGX opened at $4.21 on Friday. The stock has a market capitalization of $784.79 million, a PE ratio of -4.53 and a beta of -0.02. Angel Studios has a 1 year low of $2.05 and a 1 year high of $20.39. The firm has a fifty day moving average price of $3.64 and a 200 day moving average price of $3.38.

Angel Studios (NYSE:ANGX) last posted its earnings results 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 company had revenue of $111.71 million for the quarter. On average, sell-side analysts forecast that Angel Studios will post -0.37 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. 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 purchasing an additional 3,793 shares during the last quarter. Lazard Asset Management LLC acquired a new position in shares of Angel Studios during the first quarter valued at about $174,000. Renaissance Technologies LLC acquired a new position in shares of Angel Studios during the first quarter valued at about $273,000. Cetera Investment Advisers raised its position 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 buying an additional 13,915 shares during the last quarter. Finally, Whitcomb & Hess Inc. bought a new stake in shares of Angel Studios in the second quarter valued at about $49,000. 38.57% of the stock is currently owned by institutional investors and hedge funds.

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.