Angi ( (ANGI) ) has provided an announcement.
On May 6, 2025, Angi Inc. reported its first quarter results as an independent company, highlighting a 19% decline in revenue to $245.9 million compared to the previous year. Despite the revenue drop, operating income rose significantly to $20 million, and the company implemented strategic changes such as a new sales organization and homeowner choice model. Angi also announced a new 5 million share repurchase authorization and completed a 1-for-10 reverse stock split in March 2025. The company introduced new metrics to better reflect its core activities and customer behaviors, indicating a shift towards proprietary channels and a focus on maintaining a robust Pro network.
Spark’s Take on ANGI Stock
According to Spark, TipRanks’ AI Analyst, ANGI is a Neutral.
Angi’s overall score reflects a mixed financial performance with recent improvements, weighed down by a bearish technical outlook and uncertainties from recent corporate events. The company’s valuation is reasonable, but the lack of a dividend yield and short-term revenue challenges temper the overall score.
To see Spark’s full report on ANGI stock, click here.
More about Angi
Angi Inc. operates in the home services industry, providing a platform that connects homeowners with service professionals, known as Pros. The company focuses on enhancing customer experience through marketing optimization and a unified sales organization, offering subscription and leads packages.
Average Trading Volume: 820,785
Technical Sentiment Signal: Sell
Current Market Cap: $565.3M
Find detailed analytics on ANGI stock on TipRanks’ Stock Analysis page.