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Angel Studios, Inc. (NYSE:ANGX) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Angel Studios, Inc. (NYSE:ANGX) defied analyst predictions to release its third-quarter results, which were ahead of market expectations. Angel Studios outperformed estimates, with revenues of US$159m beating estimates by 14%. Statutory losses were US$0.027, 64% smaller thanthe analysts expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Taking into account the latest results, the consensus forecast from Angel Studios' five analysts is for revenues of US$682.5m in 2027. This reflects a sizeable 38% improvement in revenue compared to the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 64% to US$0.24. Before this latest report, the consensus had been expecting revenues of US$653.1m and US$0.24 per share in losses. So there seems to have been a moderate uplift in analyst sentiment with the latest consensus release, given the upgrades to both revenue and loss per share forecasts for next year.
View our latest analysis for Angel Studios
Despite these upgrades,the analysts have not made any major changes to their price target of US$8.20, implying that their latest estimates don't have a long term impact on what they think the stock is worth. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Angel Studios at US$9.00 per share, while the most bearish prices it at US$6.00. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The period to the end of 2027 brings more of the same, according to the analysts, with revenue forecast to display 29% growth on an annualised basis. That is in line with its 33% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 8.1% per year. So it's pretty clear that Angel Studios is forecast to grow substantially faster than its industry.
The Bottom Line
The most important thing to take away is that the analysts reconfirmed their loss per share estimates for next year. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. The consensus price target held steady at US$8.20, with the latest estimates not enough to have an impact on their price targets.
With that in mind, we wouldn't be too quick to come to a conclusion on Angel Studios. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Angel Studios analysts - going out to 2028, and you can see them free on our platform here.
Even so, be aware that Angel Studios is showing 3 warning signs in our investment analysis , you should know about...
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