Angel Studios (NYSE:ANGX) Raised to “Hold” at Wall Street Zen

Angel Studios (NYSE:ANGX) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

ANGX has been the topic of a number of other research reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Angel Studios in a report on Wednesday, June 24th. B. Riley Financial reiterated a “buy” rating and issued a $8.00 price target (up from $7.00) on shares of Angel Studios in a report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $8.50.

Angel Studios Trading Up 0.3%

Shares of NYSE:ANGX opened at $4.30 on Friday. The company has a fifty day simple moving average of $3.61 and a 200 day simple moving average of $3.39. The firm has a market cap of $802.50 million, a PE ratio of -4.63 and a beta of -0.02. Angel Studios has a 12-month low of $2.05 and a 12-month high of $20.39.

Angel Studios (NYSE:ANGX) last posted its quarterly earnings data 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 for the quarter. As a group, equities research analysts forecast that Angel Studios will post -0.37 EPS for the current fiscal year.

Hedge Funds Weigh In On Angel Studios

A number of large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its stake in Angel Studios by 77.0% in the first quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock valued at $27,000 after acquiring an additional 3,793 shares during the period. Whitcomb & Hess Inc. acquired a new stake in shares of Angel Studios during the 2nd quarter worth approximately $49,000. Cetera Investment Advisers lifted its holdings in shares of Angel Studios by 124.0% in the 1st quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock worth $77,000 after purchasing an additional 13,915 shares during the last quarter. Hardin Capital Partners LLC lifted its holdings in shares of Angel Studios by 19.8% in the 2nd quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company’s stock worth $111,000 after purchasing an additional 5,000 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new stake in Angel Studios in the first quarter valued at $174,000. Institutional investors own 38.57% of the company’s stock.

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.