Angel Studios (NYSE:ANGX) Issues Quarterly Earnings Results

Angel Studios (NYSE:ANGX) issued its quarterly earnings results on Tuesday. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.07) by $0.04, FiscalAI reports. The business had revenue of $159.02 million for the quarter.

Angel Studios Trading Up 8.8%

ANGX stock traded up $0.33 during mid-day trading on Wednesday, hitting $4.07. 905,419 shares of the company were exchanged, compared to its average volume of 1,339,063. Angel Studios has a 1-year low of $2.05 and a 1-year high of $6.75. The stock has a market capitalization of $760.11 million, a PE ratio of -4.34 and a beta of 0.02. The business has a 50 day simple moving average of $4.22 and a 200-day simple moving average of $3.66.

Key Angel Studios News

These are some of the ANGX news items that stood out recently:

• Positive Sentiment: Third-quarter revenue reached $159.0 million, up 107.8% year over year and above the $143.2 million analyst estimate. Gross profit was $100 million, pointing to stronger scale. Quiver Quant earnings report
• Positive Sentiment: The company reported a quarterly loss of $0.03 per share, which beat the consensus estimate of a $0.07 loss cited by MarketBeat. Another earnings report described the loss as $0.07 per share, in line with its estimate, highlighting differences in the reported figures. MarketBeat earnings report
• Positive Sentiment: Lake Street Capital reaffirmed its Buy rating and $6 price target on November 9, offering a supportive analyst view ahead of the earnings release. Lake Street Capital rating

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ANGX. Wall Street Zen raised Angel Studios from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings raised shares of Angel Studios from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 19th. Finally, B. Riley Financial increased their price target on shares of Angel Studios from $8.00 to $9.00 and gave the company a “buy” rating in a research note on Friday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Angel Studios has a consensus rating of “Moderate Buy” and a consensus target price of $8.20.

Insider Activity at Angel Studios

In other news, Director Steven Sarowitz purchased 355,998 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The stock was acquired at an average cost of $5.28 per share, with a total value of $1,879,669.44. Following the acquisition, the director owned 1,240,841 shares in the company, valued at approximately $6,551,640.48. This trade represents a 40.23% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jeffrey Harmon purchased 178,700 shares of Angel Studios stock in a transaction that occurred on Thursday, August 13th. The stock was purchased at an average price of $4.08 per share, with a total value of $729,096.00. Following the completion of the purchase, the insider directly owned 205,024 shares in the company, valued at $836,497.92. This trade represents a 678.85% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought 972,948 shares of company stock worth $4,647,011 in the last ninety days. 30.10% of the stock is owned by company insiders.

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.