Angel Studios (NYSE:ANGX) Price Target Raised to $9.00

Angel Studios (NYSE:ANGX) had its target price boosted by B. Riley Financial from $8.00 to $9.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a buy rating on the stock.

A number of other research analysts have also issued reports on the company. Wall Street Zen upgraded Angel Studios from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings raised Angel Studios from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $8.75.

Angel Studios Trading Down 0.5%

ANGX opened at $5.25 on Friday. The business’s 50 day moving average is $4.46 and its 200-day moving average is $3.58. The stock has a market cap of $979.74 million, a PE ratio of -5.64 and a beta of -0.02. Angel Studios has a twelve month low of $2.05 and a twelve month high of $9.85.

Angel Studios (NYSE:ANGX) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.02. The business had revenue of $111.71 million for the quarter. As a group, analysts forecast that Angel Studios will post -0.37 EPS for the current year.

Insider Activity at Angel Studios

In other news, Director Steven Sarowitz bought 88,647 shares of the business’s stock in a transaction on Friday, September 11th. The stock was purchased at an average cost of $5.33 per share, for a total transaction of $472,488.51. Following the completion of the transaction, the director directly owned 1,329,488 shares of the company’s stock, valued at approximately $7,086,171.04. This trade represents a 7.14% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeffrey Harmon purchased 51,380 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were purchased at an average cost of $4.26 per share, with a total value of $218,878.80. Following the completion of the purchase, the insider owned 256,404 shares in the company, valued at $1,092,281.04. This represents a 25.06% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have purchased 1,219,101 shares of company stock worth $5,560,239. 30.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. AXQ Capital LP bought a new position in shares of Angel Studios during the 2nd quarter valued at about $100,000. AWM Investment Company Inc. bought a new stake in shares of Angel Studios in the 2nd quarter worth approximately $1,682,000. OneAscent Financial Services LLC bought a new stake in shares of Angel Studios in the 2nd quarter worth approximately $41,000. Whitcomb & Hess Inc. acquired a new stake in Angel Studios during the second quarter valued at approximately $49,000. Finally, Hardin Capital Partners LLC lifted its stake in Angel Studios by 19.8% during the second quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company’s stock valued at $111,000 after purchasing an additional 5,000 shares during the last quarter. 38.57% of the stock is owned by institutional investors and hedge funds.

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.