ANGX shows explosive revenue growth and substantial analyst-implied upside, but negative operating margins, cash burn, elevated leverage, and extreme options skew reflect a business still far from proving out its unit economics.
Thesis pillars
- Value Trap Warning Signals→Stable
- Explosive Revenue Growth→Stable
- Cash Burn Quality Gap→Stable
- +2 more pillars — see the Why tab for full reasoning
Angel Studios, Inc. (ANGX) Stock Analysis
Recovery setup · Inst Constrain edge
Communication Services · Entertainment
Sell if holding. Engine safety override at $3.85: Quality below floor (2.9 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 6.6/10 and A.R:R 5.3:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Below long-term trend. (Note: Risk dimension 5.3/10 and A.R:R 5.3:1 are different metrics that happen to read the same number here.)
Angel Studios is a media and technology company that lets a community of approximately 2.0 million paying 'Angel Guild' members vote on, crowdfund, and champion film and TV projects, which it then licenses and distributes theatrically, via streaming, and across third-party... Read more
Sell if holding. Engine safety override at $3.85: Quality below floor (2.9 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 6.6/10 and A.R:R 5.3:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Below long-term trend. (Note: Risk dimension 5.3/10 and A.R:R 5.3:1 are different metrics that happen to read the same number here.) Chart setup: Death cross but MACD improving, RSI 70. Score 6.6/10, moderate confidence.
Passes 8/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 35d clear, semi cycle peak clear, materials cycle peak clear). Suitability: speculative.
About Angel Studios, Inc.
About Angel Studios, Inc.
Angel Studios' 'Angel Guild' community of approximately 2.0 million paying members votes on which films and TV shows the company selects, funds, and distributes, replacing the traditional studio greenlighting process. As of December 31, 2025, Angel Studios had exclusively licensed 137 titles for worldwide distribution, and its material distribution agreements were tied to more than $573.0 million in cumulative global gross box office. The company released 8 films theatrically in 2025, ranking as the #10 domestic distributor for the year according to TheNumbers.com.
Angel Studios earns revenue by licensing and distributing films and TV shows across theatrical release, its own Angel App streaming service, and third-party platforms spanning transactional, subscription, and ad-supported video-on-demand, plus an international distribution network of more than 20 named territorial partners including Paris Filmes in Brazil and KOVA Releasing in the United Kingdom and Ireland. Rather than taking a distribution fee off the top, Angel Studios splits net profit from each title with filmmakers as royalties after recovering out-of-pocket distribution and marketing costs. Theatrical releases carry significant upfront marketing costs expensed before ticket revenue is recognized, causing results to vary from year to year; the company's two largest 2025 releases, 'The King of Kings' and 'David,' each grossed more than $83 million at the box office. Angel Studios relies on third-party partners including Roku, Google, Apple, and Samsung to distribute the Angel App and on third-party cloud computing providers to run the vast majority of its computing, which the 10-K says it cannot easily switch away from.
Show full overview
Angel Studios' content pipeline carries real single-title dependency risk, illustrated by the 2025 resolution of its dispute with The Chosen: an arbitration panel upheld a Final Arbitration Award terminating Angel Studios' license to distribute the hit series, and the parties settled all remaining claims on July 11, 2025. The Chosen had been one of the largest crowdfunded media projects Angel Studios helped build, with an audience of more than one hundred million, underscoring how much a single content relationship can matter to the platform's audience base. Separately, Angel Studios still owes Hollywood studios including Disney and Warner Bros. under a 2020 bankruptcy settlement, having fully repaid the $7.8 million discounted settlement amount as of 2025 while a $62.5 million note remains outstanding for fourteen years from the Reorganization Plan Effective Date.
See also: Communication Services · Entertainment
From Angel Studios, Inc.'s most recent 10-K filing, extracted July 6, 2026.
Recent developments
updated 2026-07-08Recent Developments — Angel Studios, Inc.
Latest news
- NEWS B. Riley Securities Reiterates Buy on Angel Studios, Raises Price Target to $8 — benzinga Jun 30, 2026 positive
Generated 2026-07-08T23:03:58Z.
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Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
3 floor-breakers·3 ceiling hits
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Hyper-growth tech sacrificing current profitability for scale. Floor tripped because model treats negative margins uniformly; the growth dimension tells the other half of the story.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $3.85: Quality below floor (2.9 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 6.6/10 and A.R:R 5.3:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Below long-term trend. (Note: Risk dimension 5.3/10 and A.R:R 5.3:1 are different metrics that happen to read the same number here.) Chart setup: Death cross but MACD improving, RSI 70. Prior stop was $3.61. Score 6.6/10, moderate confidence.
Take-profit target: $6.96 (+79.4% upside). Prior stop was $3.61. Stop-loss: $3.61.
Quality below floor (2.9 < 4.0); Value-trap signals (2/5): High leverage (D/E 1.6), Material insider selling (175 sells, 0.06% of cap).
Angel Studios, Inc. trades at a P/E of N/A (forward -9.8). TrendMatrix value score: 9.1/10. Verdict: Sell.
12 analysts cover ANGX with a consensus score of 4.2/5. Average price target: $8.
What does Angel Studios, Inc. do?Angel Studios is a media and technology company that lets a community of approximately 2.0 million paying 'Angel Guild'...
Angel Studios is a media and technology company that lets a community of approximately 2.0 million paying 'Angel Guild' members vote on, crowdfund, and champion film and TV projects, which it then licenses and distributes theatrically, via streaming, and across third-party platforms. The company earns revenue by splitting net profits from distribution with filmmakers rather than taking an upfront distribution fee, and released 8 films theatrically in 2025, ranking as the #10 domestic distributor for the year. Angel Studios recorded a net loss of $170.5 million in fiscal 2025, following an $88.