Angel Studios Inc Class A (ANGX)
NYSE:ANGX
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Angel Studios Inc Class A
(NYSE:ANGX)
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Rating:42Neutral
Price Target:
$3.00
▲(0.33% Upside)
Action:ReiteratedDate:03/24/26
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.
Positive Factors
Revenue growth & gross margin
Angel demonstrated durable top-line momentum in 2025 with revenue up 32.5% and gross margins near 61%. That combination shows the platform can scale content monetization efficiently at the gross-profit level, providing a structural foundation for future operating leverage if operating costs are controlled.
Negative Factors
Negative shareholders' equity & rising debt
Negative equity and a sharp jump in debt materially weaken balance-sheet flexibility and elevate solvency risk. With negative equity, the company has less cushion against losses, faces higher financing costs and covenant sensitivity, and may be forced into dilutive financings or constrained investment decisions.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth & gross margin
Angel demonstrated durable top-line momentum in 2025 with revenue up 32.5% and gross margins near 61%. That combination shows the platform can scale content monetization efficiently at the gross-profit level, providing a structural foundation for future operating leverage if operating costs are controlled.
Read all positive factors
Angel Studios Inc Class A (ANGX) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$506.83M
Dividend YieldN/A
Average Volume (3M)788.68K
Price to Earnings (P/E)―
Beta (1Y)0.20
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees219
SectorCommunication Services
Sector Strength97
IndustryEntertainment
Share Statistics
EPS (TTM)-0.47
Shares Outstanding112,425,270
10 Day Avg. Volume652,822
30 Day Avg. Volume788,683
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)-23.06
Price to Sales (P/S)2.25
P/FCF Ratio-8.65
Enterprise Value/Market Cap1.01
Enterprise Value/Revenue1.59
Enterprise Value/Gross Profit2.58
Enterprise Value/Ebitda-3.37
Forecast
1Y Price Target
$9.17Price Target Upside206.69% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)-0.53
Revenue Forecast (FY)$424.72M
Angel Studios Inc Class A Business Overview & Revenue Model
Company Description
Angel Studios, Inc. produce and distribute films and television shows by creators through its streaming platform. The company's platform allows users to watch movies, shows, and documentaries for all ages. In addition, the company sells physical m...
How the Company Makes Money
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Angel Studios Inc Class A Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
28
Negative
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 321.56M | 96.52M | 202.44M | 75.52M | 0.00 |
| Gross Profit | 196.70M | 54.45M | 116.40M | 35.12M | 0.00 |
| EBITDA | -154.01M | -82.38M | 11.56M | -12.66M | 2.94M |
| Net Income | -170.48M | -89.80M | 9.16M | -13.71M | 2.33M |
Balance Sheet | |||||
| Total Assets | 241.41M | 98.52M | 98.26M | 39.39M | 236.63M |
| Cash, Cash Equivalents and Short-Term Investments | 44.08M | 7.21M | 25.20M | 10.72M | 1.95M |
| Total Debt | 58.82M | 14.28M | 5.49M | 3.98M | 0.00 |
| Total Liabilities | 267.19M | 94.67M | 58.58M | 17.39M | 26.29M |
| Stockholders Equity | -31.43M | -4.37M | 39.83M | 22.00M | 210.34M |
Cash Flow | |||||
| Free Cash Flow | -83.84M | -60.54M | 5.34M | -12.80M | 794.34K |
| Operating Cash Flow | -83.33M | -60.23M | 5.91M | -11.66M | 794.34K |
| Investing Cash Flow | -57.61M | -3.91M | -688.11K | -3.50M | -234.60M |
| Financing Cash Flow | 177.81M | 46.15M | 9.25M | 1.62M | 235.76M |
Angel Studios Inc Class A Risk Analysis
Angel Studios Inc Class A disclosed 92 risk factors in its most recent earnings report. Angel Studios Inc Class A 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
Angel Studios Inc Class A Peers Comparison
UnderperformOutperform
Sector (60)
ANGX
Angel Studios Inc Class A
2.93
-8.53
-74.43%
VELO
Velo3D
9.57
2.06
27.53%
KWM
K WAVE MEDIA
0.57
-7.53
-92.96%
VACH
Voyager Acquisition Corp. Class A
12.70
2.47
24.14%
Angel Studios Inc Class A Corporate Events
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Angel Studios Amends Credit Facility, Tightens Liquidity Covenants
Negative
Feb 23, 2026
On February 17, 2026, Angel Studios, Inc. and certain subsidiaries executed a Ratification and First Amendment to their Loan and Security Agreement, effective as of September 9, 2025, tied to a Credit Facility originally dated September 8, 2025 wi...
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.