Angi (NASDAQ:ANGI) Shares Cross Above 200-Day Moving Average Following Weak Earnings

Shares of Angi Inc. (NASDAQ:ANGI) passed above its two hundred day moving average during trading on Wednesday following a better than expected earnings announcement. The stock has a two hundred day moving average of $6.74 and traded as high as $7.66. Angi shares last traded at $6.84, with a volume of 3,272,826 shares changing hands.

The technology company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.08). The business had revenue of $242.02 million during the quarter, compared to analysts’ expectations of $242.35 million. Angi had a positive return on equity of 0.49% and a negative net margin of 23.85%.

Angi News Summary

Here are the key news stories impacting Angi this week:

• Positive Sentiment: Angi says its home-services marketplace is among the first available in Google Search’s AI Mode. The partnership could help Angi reach customers through emerging AI-powered search, though the financial benefit is not yet clear. Article: Angi Leads Home Services into AI Search with Google
• Positive Sentiment: Cost actions and AI initiatives are contributing to margin improvement, according to a Q3 review. The company’s announced 13% workforce reduction is intended to generate $55 million in annual savings, which could help profitability if revenue stabilizes. Article: ANGI Q3 2026 deep dive
• Neutral Sentiment: Revenue was $242.02 million, roughly in line with expectations of $242.35 million. This limits the revenue miss, but does not resolve concerns about the business’s growth trajectory. Article: Angi Reports Q3 2026 Results
• Negative Sentiment: Quarterly EPS of $0.03 fell short of analyst estimates, which ranged from $0.11 to $0.14 in the cited reports, and was down from $0.23 a year earlier. The earnings miss is a near-term negative for investor sentiment. Article: Angi Lags Q3 Earnings and Revenue Estimates
• Negative Sentiment: A bearish analysis argues that layoffs may not offset structural weakness, including a shrinking marketplace and losses of service professionals and customers. It cites Wall Street expectations for FY27 revenue to decline 1% to $946.3 million, with scale-related pressures potentially limiting margin gains. Article: Angi: Layoffs A Good First Step, But Not Enough To Save This Business

Wall Street Analyst Weigh In

ANGI has been the topic of a number of research reports. Truist Financial set a $10.00 target price on shares of Angi and gave the stock a “buy” rating in a research note on Thursday, August 6th. The Goldman Sachs Group set a $6.00 price target on Angi and gave the company a “neutral” rating in a report on Monday, July 13th. Citizens Jmp reiterated a “market perform” rating on shares of Angi in a research report on Monday, July 13th. Wall Street Zen lowered Angi from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Finally, UBS Group set a $14.00 price objective on Angi in a research note on Thursday, September 24th. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $10.57.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Pale Fire Capital SE purchased a new stake in Angi in the second quarter valued at $23,386,000. Flax Pond Capital LLC acquired a new position in shares of Angi in the 1st quarter valued at $3,324,000. Pacer Advisors Inc. acquired a new position in shares of Angi in the 1st quarter valued at $1,592,000. Empowered Funds LLC purchased a new position in shares of Angi during the 1st quarter worth $1,136,000. Finally, Engineers Gate Manager LP purchased a new position in shares of Angi during the 2nd quarter worth $399,000. 12.84% of the stock is currently owned by hedge funds and other institutional investors.

Angi Trading Up 21.3%

The business has a fifty day moving average price of $5.65 and a two-hundred day moving average price of $6.74. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $276.68 million, a PE ratio of -1.20 and a beta of 1.72.

Angi Company Profile

Angi Inc (NASDAQ: ANGI) operates a digital marketplace that connects homeowners with professionals who provide home improvement, maintenance and repair services. Through its online and mobile platforms, the company helps consumers find, compare and contact service providers for projects ranging from remodeling and landscaping to plumbing, electrical work and cleaning.

Angi’s business includes consumer-facing brands and services such as Angi and HomeAdvisor, as well as the Angi Leads and Angi Services offerings.