Angel Studios, Inc. (ANGX)
Communication Services · Community-driven streaming and theatrical content distribution · NYSE
A community-driven media and technology company where 2 million "Angel Guild" members collectively vote on, fund, and champion values-aligned films and TV shows as an alternative to traditional Hollywood gatekeeping.
What Angel Studios, Inc. does
Angel Studios is a media and technology company that operates a proprietary platform called the Angel Guild, comprising approximately 2.0 million paying members who collectively vote on, fund, and support the theatrical release and streaming distribution of film and TV content. The company uses a data-driven, AI-powered recommendation and discovery system to match content to member preferences based on voting patterns and engagement signals. Rather than relying on traditional Hollywood studio models, Angel Studios leverages its community's collective intelligence to select, market, and distribute entertainment content that emphasizes values-driven storytelling.
Themes: Community-driven content curation, Values-driven entertainment, Streaming and theatrical distribution, AI-powered content discovery, Alternative to traditional Hollywood studios, Netflix, Amazon Prime Video, Disney, Paramount Global, Warner Bros. Discovery
Fundamentals
- Price$4.47 as of 2026-08-26 close
- Market cap$807M as of 2026-08-27
- P/En/a negative earnings
- Net margin-53.0% as of 2026-08-27
- Gross margin+61.2% as of 2026-08-27
- ROE-1040.3% as of 2026-08-27
- Debt / equity1.61 as of 2026-08-27
- Revenue growth (YoY)+233.2% FY2025 vs FY2024, SEC XBRL
- Revenue CAGR (3y)+26.0% SEC XBRL
- Beta0.06 as of 2026-08-27
- Last reported earnings2026-08-04 SEC EDGAR Form 8-K (Item 2.02)
How ANGX compares in its sector
- net profit marginbottom 10% 132 covered Communication Services peers, as of 2026-08-27
- operating marginbottom 10% 132 covered Communication Services peers, as of 2026-08-27
- gross marginmiddle range 132 covered Communication Services peers, as of 2026-08-27
- return on equitybottom 10% 132 covered Communication Services peers, as of 2026-08-27
- 3-year revenue CAGRtop 10% 121 covered Communication Services peers
Position among covered Communication Services companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Analyst consensus
- Mean price target$8.00 range $6.00 – $9.00
Analyst estimates, as of 2026-08-25. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for ANGX
- Consensus EPS estimate-$0.09 next reporting period, as of 2026-08-25
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Significant operating losses and history of unprofitability","High dependence on the Angel Guild community for content selection and funding reliability","Intense competition in the streaming and film distribution market"]
What changed in the latest 10-Q
AI-assisted comparison of ANGX's 10-Q filed 2026-04-30 against the prior one filed 2025-11-13.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-04-30) adds detailed Forward-Looking Statements section with specific risk categories and language citing 'Section 27A of the Securities Act of 1933' and 'Section 21E of the Securities Exchange Act of 1934'
- Newer filing includes explicit bullet-point list of risks including profitability, monetization, officer retention, customer base attraction, content creation, partner reliance, technology development, cybersecurity, competition, financing, litigation defense, NYSE listing maintenance, economic factors, regulatory changes, and geopolitical events
- Newer filing states 'approximately 2.22 million paying members' as of March 31, 2026
- Newer filing states Angel Studios 'held an aggregate of approximately 303.1 bitcoin' and 'continue to acquire and hold bitcoin'
- Newer filing includes 'Components of Results of Operations' heading before Revenue section
- Newer filing text ends abruptly mid-sentence in Bitcoin Treasury Strategy section
- Removed:
- Older filing (2025-11-13) references 'Angel Legacy's Annual Report on Form 10-K' - newer filing changes to 'Company's Annual Report on Form 10-K'
- Older filing references Form S-4 registration statement and Business Combination - removed from newer filing
- Older filing states 'approximately 1.6 million paying members from more than 160 different countries' as of September 30, 2025 - replaced with 2.22 million figure as of March 31, 2026
- Older filing states 'we beneficially owned approximately 303.1 bitcoin' - newer filing changes to 'we held an aggregate of approximately 303.1 bitcoin'
- Older filing states bitcoin ratio 'equates to 1.7974 bitcoin per million shares' - newer filing changes to '1.7846 bitcoin per million shares'
- Older filing includes detailed Bitcoin Treasury Strategy language regarding policies, future intentions, capital raising, income streams, and sale purposes - substantially reduced in newer filing (appears cut off)
- Older filing includes entire 'Regulation A Offerings' section - removed from newer filing
- Reworded:
- Older filing: 'involve risks and uncertainties that could cause actual results to differ' vs. Newer filing: 'involve risks and uncertainties that could cause actual results to differ materially'
- Older filing uses 'Securities and Exchange Commission' vs. Newer filing uses 'SEC'
- Older filing's Forward-Looking Statements cites 'federal securities laws' vs. Newer filing specifically cites 'Section 27A of the Securities Act of 1933, as amended...and Section 21E of the Securities Exchange Act of 1934, as amended'
- Older filing references 'Business Combination (as defined below)' in forward-looking statements - removed in newer filing
- Older filing: 'we plan to hold bitcoin as a strategic treasury asset' vs. Newer filing: 'we plan to continue to acquire and hold bitcoin as a strategic treasury asset'
- Older filing provides extensive explanation of bitcoin strategy with multiple stated purposes and policies - newer filing language is truncated/incomplete
- Notes:
- The newer filing text appears truncated or incomplete, ending mid-sentence in the Bitcoin Treasury Strategy section
- Unable to fully assess changes to Bitcoin Treasury Strategy section due to truncation of newer filing text
- Comparison limited to available text; sections may continue beyond provided excerpts
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
7 open-market purchases and 0 open-market sales by insiders in the last 90 days.
- Last 30 days7 buys ($3M) · 0 sells — 3 buying insiders
- Last 90 days7 buys ($3M) · 0 sells — 3 buying insiders
- Last 180 days8 buys ($4M) · 0 sells — 3 buying insiders
Cluster buying: 3 different insiders reported open-market purchases (SEC code P) of ANGX within a 30-day window between 2026-08-12 and 2026-08-14. Disclosed Form 4 activity, not a prediction of performance or a buy signal.
Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-14. As of 2026-08-27.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about ANGX's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding ANGX as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 1,943,623
- Reported value $5,928,049
reported quarterly holdings change (2025-12-31 → 2026-03-31): 2 new, 2 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
ANGX had 4,929,610 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for ANGX because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 4,929,610
- Prior settlement (shares) 4,723,027
- Reported change 4.37%
- Days to cover (reported) 4.06
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does Angel Studios, Inc. (ANGX) do?
Angel Studios is a media and technology company that operates a proprietary platform called the Angel Guild, comprising approximately 2.0 million paying members who collectively vote on, fund, and support the theatrical release and streaming distribution of film and TV content. The company uses a data-driven, AI-powered recommendation and discovery system to match content to member preferences based on voting patterns and engagement signals.
What sector is Angel Studios, Inc. (ANGX) in?
Angel Studios, Inc. (ANGX) is classified in the Communication Services sector. Its industry is Community-driven streaming and theatrical content distribution. It trades on NYSE.
Who are Angel Studios, Inc.'s (ANGX) competitors?
Notable peers of Angel Studios, Inc. (ANGX) include Netflix, Disney, Warner Bros. Discovery, Amazon Prime Video and Apple TV+. This peer set is informational only — not financial advice.
Where does stocks-llm's data on ANGX come from?
Fundamentals and prices come from market data, as of 2026-08-27; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-27. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-26.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.