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

Angel Studios (NYSE:ANGX) had its target price hoisted by stock analysts at 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. B. Riley Financial’s price target points to a potential upside of 83.86% from the stock’s previous close.

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

Angel Studios Trading Down 7.6%

Angel Studios stock opened at $4.89 on Friday. The firm has a 50-day moving average of $4.43 and a 200-day moving average of $3.57. The firm has a market cap of $914.17 million, a P/E ratio of -5.26 and a beta of -0.02. Angel Studios has a 1-year low of $2.05 and a 1-year high of $9.85.

Angel Studios (NYSE:ANGX) last posted its earnings results 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 during the quarter. Research analysts forecast that Angel Studios will post -0.37 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Angel Studios news, Director Steven Sarowitz acquired 88,647 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were bought at an average cost of $5.33 per share, with a total value 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 represents a 7.14% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jeffrey Harmon acquired 51,380 shares of Angel Studios stock in a transaction that occurred on Friday, August 14th. The stock was acquired at an average price of $4.26 per share, with a total value of $218,878.80. Following the completion of the acquisition, the insider directly 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 acquired 1,219,101 shares of company stock valued at $5,560,239. Corporate insiders own 30.10% of the company’s stock.

Institutional Investors Weigh In On Angel Studios

A number of hedge funds have recently added to or reduced their stakes in ANGX. EverSource Wealth Advisors LLC lifted its holdings in shares of 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 buying an additional 3,793 shares during the period. OneAscent Financial Services LLC purchased a new position in shares of Angel Studios in the 2nd quarter worth $41,000. Whitcomb & Hess Inc. bought a new stake in shares of Angel Studios in the second quarter worth $49,000. Cetera Investment Advisers grew its holdings in shares of Angel Studios by 124.0% in the first quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock worth $77,000 after acquiring an additional 13,915 shares during the period. Finally, AXQ Capital LP purchased a new stake in Angel Studios during the second quarter valued at $100,000. 38.57% of the stock is currently owned by hedge funds and other institutional investors.

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.