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Angi ( (ANGI) ) just unveiled an update.
On January 7, 2026, Angi Inc. announced it would reduce its global workforce by about 350 employees to cut operating expenses and optimize its organizational structure, citing AI-driven efficiency gains. The company expects to book restructuring charges of approximately $22 million to $30 million, split between the fourth quarter of 2025 and the first quarter of 2026, primarily for severance, benefits and related cash costs, with the workforce reduction substantially complete in the first quarter of 2026. Angi plans to exclude these restructuring charges from its non-GAAP measures such as adjusted EBITDA and estimates the actions will generate annual run-rate savings of $70 million to $80 million in operating and capital expenditures, signaling a significant cost base reset that could bolster profitability and long-term growth prospects.
The most recent analyst rating on (ANGI) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on Angi stock, see the ANGI Stock Forecast page.
Spark’s Take on ANGI Stock
According to Spark, TipRanks’ AI Analyst, ANGI is a Neutral.
Angi’s overall stock score of 62 reflects a company with strong operational improvements and strategic investments in AI and platform transformation. However, challenges such as declining revenue growth, mixed technical indicators, and unresolved vendor issues weigh on the score. The company’s moderate valuation and balanced earnings call sentiment further contribute to the overall assessment.
To see Spark’s full report on ANGI stock, click here.
More about Angi
Angi Inc. operates in the home services and digital marketplace industry, connecting homeowners with service professionals and providing related online platforms and tools. The company focuses on leveraging technology, including AI-driven efficiency improvements, to streamline operations and enhance its service offerings in the global home services market.
Average Trading Volume: 1,026,191
Technical Sentiment Signal: Sell
Current Market Cap: $536.8M
For an in-depth examination of ANGI stock, go to TipRanks’ Overview page.