Angel Studios Issues Preliminary First-Quarter 2026 Financial Outlook

Angel Studios Inc Class A ( (ANGX) ) just unveiled an announcement.

Angel Studios, Inc. said it expects to report first-quarter 2026 revenue between $105 million and $109 million and an Adjusted EBITDA loss ranging from $4 million to $6 million for the period ending March 31, 2026. Management emphasized that these figures are preliminary, unaudited and subject to change as quarter-end closing procedures, financial reviews and GAAP-based reporting are completed, and cautioned investors about relying on non-GAAP Adjusted EBITDA, which may not be comparable across companies and cannot be reconciled to net loss without unreasonable effort.

The most recent analyst rating on (ANGX) stock is a Sell with a $2.50 price target. To see the full list of analyst forecasts on Angel Studios Inc Class A stock, see the ANGX Stock Forecast page.

Spark’s Take on ANGX Stock

According to Spark, TipRanks’ AI Analyst, ANGX is a Neutral.

The score is held down primarily by weak financial performance (large losses, heavy cash burn, negative equity and rising debt). Technicals also show a sustained downtrend, with only oversold readings offering limited support. Valuation provides little clarity due to negative earnings, while corporate events are mixed with meaningful financing-related constraints.

To see Spark’s full report on ANGX stock, click here.

More about Angel Studios Inc Class A

Angel Studios, Inc. is a Delaware-based media and entertainment company focused on producing and distributing filmed content, with revenues driven by its core media operations. The company evaluates its operating performance using both GAAP metrics and non-GAAP measures such as Adjusted EBITDA to assess and forecast its underlying business trends.

Average Trading Volume: 760,748

Technical Sentiment Signal: Sell

Current Market Cap: $486.5M

Learn more about ANGX stock on TipRanks’ Stock Analysis page.