tiprankstipranks
Trending News
More News >
Angi Inc. (ANGI)
:ANGI
Advertisement

Angi (ANGI) AI Stock Analysis

Compare
905 Followers

Top Page

ANGI

Angi

(NASDAQ:ANGI)

Rating:72Outperform
Price Target:
$20.50
▲(17.21% Upside)
Angi's overall stock score is driven by positive earnings call insights and technical analysis, indicating potential for future growth. Financial performance poses challenges with declining revenue and cash flow, but strategic initiatives and operational improvements provide optimism. Valuation is reasonable, supporting a balanced outlook.
Positive Factors
Product Improvements
Improvements to the product with the launch of homeowner choice and additional initiatives underway to improve both the user and the pro's experience bode well for the company's prospects.
Revenue Growth
The pivot back to year-over-year revenue growth in FY26 should be driven by proprietary leads and revenue per lead, and should yield positive incremental margins over time.
Negative Factors
Investor Sentiment
The level of doubt among the broader investing public remains high, despite the potential for a return to growth.
Paid Search Challenges
Analyst acknowledges that paid search is currently problematic, with a significant Google update impacting rankings and traffic.

Angi (ANGI) vs. SPDR S&P 500 ETF (SPY)

Angi Business Overview & Revenue Model

Company DescriptionAngi Inc. connects home service professionals with consumers in the United States and internationally. Its Angi Ads business, which connects consumers with service professionals for local services through the Angi nationwide online directory of service professionals in various service categories; provides consumers with valuable tools, services, and content, including verified reviews, to help them research, shop, and hire for local services; and sells term-based website, and mobile and digital magazine advertising to service professionals, as well as provides quoting, invoicing, and payment services. The company also owns and operates Angi Leads digital marketplace service that connects consumers with service professionals for home repair, maintenance, and improvement projects; offers consumers with tools and resources to find local, pre-screened, and customer-rated service professionals, as well as online appointment booking; and connects consumers with service professionals by telephone, and home services-related resources. In addition, it operates Handy, a platform for household services, primarily cleaning and handyman services; Angi Roofing, which provides roof replacement and repair services; and home services marketplaces under the Travaux, MyHammer, Werkspot, MyBuilder, and Instapro names. As of December 31, 2021, it had a network of approximately 206,000 transacting service professionals; and approximately 38,000 advertising service professionals. The company was formerly known as ANGI Homeservices Inc. and changed its name to Angi Inc. in March 2021. The company was incorporated in 2017 and is headquartered in Denver, Colorado. Angi Inc. is a subsidiary of IAC/InterActiveCorp.
How the Company Makes MoneyAngi generates revenue through multiple streams, primarily by charging service professionals for leads and advertising on its platform. The company operates a subscription model where service providers can pay for membership plans that grant them access to exclusive features, including enhanced visibility in search results and the ability to bid on jobs. Additionally, Angi earns money through transaction fees for bookings made through its platform, as well as through partnerships with various service providers and related businesses that enhance its service offerings. By continually expanding its network of professionals and improving user experience, Angi attracts more users and service providers, thus driving revenue growth.

Angi Key Performance Indicators (KPIs)

Any
Any
Service Requests
Service Requests
Counts the number of service requests made on the platform, reflecting user demand and the platform's ability to attract and engage customers.
Chart InsightsAngi's service requests have been declining since 2023, reflecting a strategic shift away from lower-quality revenue. Despite this, the company has achieved its first proprietary volume growth since early 2021, improving profitability with increased adjusted EBITDA and free cash flow. Enhanced customer experience and higher win rates on the Pro platform are driving this positive momentum. However, challenges like declining organic search traffic and macroeconomic headwinds persist, potentially impacting future growth. Angi's focus on technological advancements and marketing execution aims to stabilize and boost revenue per lead.
Data provided by:Main Street Data

Angi Earnings Call Summary

Earnings Call Date:Aug 05, 2025
(Q2-2025)
|
% Change Since: |
Next Earnings Date:Nov 11, 2025
Earnings Call Sentiment Positive
The earnings call highlighted significant improvements in profitability, customer experience, and proprietary volume growth alongside strategic technology integration. However, challenges such as macroeconomic headwinds, declining network channel traffic, and issues with SEO were also noted. Overall, the highlights, particularly improvements in profitability and customer metrics, outweigh the lowlights.
Q2-2025 Updates
Positive Updates
Proprietary Volume Growth
Reported the first quarter of proprietary volume growth since the beginning of 2021, marking a significant milestone for the company.
Improved Profitability
Both adjusted EBITDA and free cash flow have improved materially from 2022, with free cash flow turning positive from negative.
Enhancement in Customer Experience
Homeowner Net Promoter Score increased by 30 points over the last 2 years, and total retention across all Pros improved by nearly 20%.
Technology Integration
Consolidation of technical platforms, with a plan to operate on a single modern international platform, is expected to improve operating efficiency.
Growth in Revenue Per Lead
Revenue per lead is expected to grow due to price optimization and the migration of legacy ad pros to a main platform.
Positive Trends in Pro Acquisition
Despite acquiring 39% fewer Pros in Q2 compared to last year, the aggregate Pro lifetime value sold was down just 4%.
Negative Updates
Decline in Network Channel Traffic
Network channel traffic is down quarter-to-quarter and is expected to be flat to moderately down next year.
Macroeconomic Headwinds
The company experienced a significant impact in April, affecting both homeowner traffic and wins for Pros due to economic insecurity.
Challenges with Google SEO
Free search organic traffic has declined, with unbranded Google SEO being a diminishing asset for the business.
Company Guidance
During the Angi Second Quarter 2025 Earnings Conference Call, the company provided several key metrics and insights into its performance and future strategy. The CFO, Andrew Russakoff, highlighted that Angi reported its first quarter of proprietary volume growth since early 2021, marking a significant milestone. The company saw improvements in both adjusted EBITDA and free cash flow compared to 2022, with free cash flow turning positive after being negative the previous year. Jeffrey W. Kip, CEO of Angi, emphasized the importance of shedding over $400 million in lower-quality revenue and unprofitable marketing expenses to enhance long-term customer lifetime value. Angi's return to revenue growth is driven by proprietary volume growth and stabilization in network channel traffic. Key customer metrics showed improvement, such as a 30-point increase in homeowner Net Promoter Score and nearly 20% improvement in total retention across Pros. Additionally, hire and win rates on their core Pro platform improved by over 20%. Angi is focused on transitioning to a single modern international platform to improve operating efficiency. The company expects service requests and leads to grow at a similar rate in the second half of the year, with revenue per lead also increasing due to price optimization and platform migration efforts. Angi's marketing strategy involves targeting incremental breakeven on a lifetime value basis, with proprietary service requests growing by 7% while consumer marketing expenses increased by 13%. The company plans to expand its TV spend significantly in 2026 to bolster brand awareness and drive growth. Overall, Angi is optimistic about its strategic initiatives and their potential to deliver sustainable, profitable growth.

Angi Financial Statement Overview

Summary
Angi's financial performance is mixed, with strong cost management reflected in a high gross profit margin of 94.8%. However, challenges are evident in declining revenue and low net profit margin of 4.7%. The balance sheet is stable with moderate leverage, and cash flow management is efficient, indicating financial resilience despite profitability challenges.
Income Statement
62
Positive
Angi's income statement reveals mixed performance. The TTM gross profit margin is robust at approximately 94.8%, indicating effective cost management. However, the net profit margin of about 4.7% suggests relatively low profitability. Revenue has declined in recent years, with a significant drop from 2022 to 2023, indicating challenges in growth. Despite a positive EBIT margin of 3.5% for the TTM, it remains relatively low, hinting at constrained operational efficiency.
Balance Sheet
70
Positive
The balance sheet shows a stable equity base with a debt-to-equity ratio of approximately 0.47 in the TTM period, indicating moderate leverage. The equity ratio stands at around 58.1%, reflecting a strong equity position. Return on Equity (ROE) for the TTM is modest at about 5%, which indicates room for improvement in generating profits from shareholders' equity.
Cash Flow
68
Positive
Cash flow metrics depict a moderate picture. Free cash flow has shown growth in recent periods, but the free cash flow to net income ratio of approximately 1.52 in the TTM highlights better cash generation relative to net income. The operating cash flow to net income ratio of about 2.48 for the TTM suggests efficient cash flow management, despite fluctuations in net income.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue1.09B1.19B1.36B1.89B1.69B1.47B
Gross Profit1.03B1.13B1.30B1.45B1.36B1.29B
EBITDA127.32M128.90M93.49M16.85M4.67M90.37M
Net Income59.88M36.00M-40.94M-127.98M-70.49M-4.16M
Balance Sheet
Total Assets1.79B1.83B1.86B1.91B2.01B2.37B
Cash, Cash Equivalents and Short-Term Investments362.48M416.43M364.04M321.15M428.14M862.70M
Total Debt497.25M509.66M565.39M512.19M494.55M712.28M
Total Liabilities786.57M767.93M811.71M856.40M864.61M1.06B
Stockholders Equity1.00B1.06B1.04B1.05B1.13B1.27B
Cash Flow
Free Cash Flow75.09M105.45M57.06M-89.28M-64.01M135.93M
Operating Cash Flow124.96M155.94M104.84M27.07M6.21M188.42M
Investing Cash Flow-49.72M-50.49M-46.23M-116.09M-45.07M-103.95M
Financing Cash Flow-113.77M-53.76M-16.98M-17.23M-345.17M337.05M

Angi Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price17.49
Price Trends
50DMA
16.68
Positive
100DMA
15.50
Positive
200DMA
16.56
Positive
Market Momentum
MACD
0.29
Positive
RSI
50.94
Neutral
STOCH
32.88
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ANGI, the sentiment is Neutral. The current price of 17.49 is below the 20-day moving average (MA) of 17.60, above the 50-day MA of 16.68, and above the 200-day MA of 16.56, indicating a neutral trend. The MACD of 0.29 indicates Positive momentum. The RSI at 50.94 is Neutral, neither overbought nor oversold. The STOCH value of 32.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ANGI.

Angi Risk Analysis

Angi disclosed 51 risk factors in its most recent earnings report. Angi reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Angi Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
$767.56M14.455.86%-15.79%
72
Outperform
$857.32M18.9134.34%92.91%
70
Outperform
$1.98B14.2220.13%5.37%13.08%
60
Neutral
$43.56B4.52-12.81%4.07%1.87%-43.08%
54
Neutral
$793.88M-14.27%9.65%56.50%
52
Neutral
$1.06B35.54-19.11%-4.72%84.11%
50
Neutral
$172.33M25.25-75.68%-10.52%-420.74%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ANGI
Angi
17.49
-8.91
-33.75%
GRPN
Groupon
26.25
12.93
97.07%
YELP
Yelp
31.51
-2.88
-8.37%
EVER
EverQuote
23.69
0.77
3.36%
SEAT
Vivid Seats
17.35
-73.85
-80.98%
NXDR
Nextdoor Holdings
2.11
-0.32
-13.17%

Angi Corporate Events

Stock BuybackBusiness Operations and StrategyFinancial Disclosures
Angi Reports Q2 2025 Revenue Decline and Growth
Neutral
Aug 5, 2025

In its Q2 2025 financial results, Angi Inc. reported a 12% decline in revenue compared to the previous year, totaling $278.2 million. Despite this, the company saw a return to growth in proprietary service requests and leads for the first time since Q1 2021, with increases of 7% and 16% respectively. Operating income rose significantly by 92% to $17.7 million, attributed to decreased depreciation costs. The company repurchased 12.1% of its shares outstanding by August 1, 2025, reflecting a strategic move to optimize shareholder value.

Executive/Board ChangesShareholder Meetings
Angi Holds Successful Annual Stockholders Meeting
Positive
Jun 18, 2025

On June 17, 2025, Angi Inc. held its Annual Meeting of Stockholders where key proposals were voted on, including the election of four Class I board members and the ratification of Ernst & Young LLP as the independent accounting firm for 2025. The election saw all nominees successfully appointed to the board, and the accounting firm ratification was approved, reflecting stakeholder confidence in the company’s governance and financial oversight.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 19, 2025