Shares of Angi Inc. (NASDAQ:ANGI – Get Free Report) have been given an average rating of “Hold” by the eleven ratings firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $9.7143.
Several analysts have recently issued reports on ANGI shares. Benchmark reduced their price objective on Angi from $20.00 to $14.00 and set a “buy” rating on the stock in a research note on Thursday. The Goldman Sachs Group set a $10.00 price objective on Angi and gave the company a “neutral” rating in a research note on Thursday. KeyCorp cut Angi from an “overweight” rating to a “sector weight” rating in a research note on Wednesday. Truist Financial set a $12.00 price objective on Angi and gave the company a “buy” rating in a research note on Thursday. Finally, Zacks Research upgraded Angi from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th.
Read Our Latest Research Report on Angi
Angi Stock Up 9.2%
Angi (NASDAQ:ANGI – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The technology company reported ($0.22) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.41) by $0.19. The business had revenue of $238.15 million for the quarter, compared to analysts’ expectations of $240.64 million. Angi had a return on equity of 2.06% and a net margin of 1.93%.The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period last year, the firm earned $0.30 earnings per share. As a group, equities analysts predict that Angi will post 0.85 EPS for the current fiscal year.
More Angi News
Here are the key news stories impacting Angi this week:
- Positive Sentiment: Benchmark cut its price target from $20 to $14 but kept a “buy” rating, implying significant upside versus the current price; that endorsement can support buying interest despite the lower target. Benchmark PT article
- Positive Sentiment: Management emphasized investments in AI on the Q1 earnings call — a growth narrative that can attract investors focused on long-term revenue/efficiency improvements if execution follows. AI earnings call article
- Neutral Sentiment: Q1 reporting was mixed: EPS beat expectations ($0.22 loss vs. a larger expected loss) but revenue missed consensus and declined year-over-year — a combination that tempers both positive and negative reactions. Zacks Q1 results
- Neutral Sentiment: Multiple outlets posted full transcripts and summaries of the Q1 call (Yahoo, Seeking Alpha), providing detailed color for investors to judge guidance and execution; availability of this detail reduces information asymmetry but is itself neutral. Yahoo transcript
- Negative Sentiment: JPMorgan cut its price target sharply from $10 to $5 and moved to a “neutral” rating, removing a source of positive analyst support and signaling weaker near-term expectations. JPMorgan PT cut
- Negative Sentiment: News coverage highlighted that Q1 revenue missed estimates and the stock previously reacted with a large intraday drop; lingering concerns about top-line weakness are weighing on sentiment. MSN coverage
- Negative Sentiment: Johnson Fistel announced an investor investigation into Angi executives, a legal overhang that increases risk and can pressure the stock until resolved. Johnson Fistel notice
- Negative Sentiment: TipRanks flagged new regulatory/forward?looking statement risks disclosed by the company, which raises caution around management guidance and projections. TipRanks risk article
Angi Company Profile
Angi (NASDAQ: ANGI) operates a digital marketplace that connects homeowners and renters with service professionals for home improvement, maintenance and repair projects. Through its flagship platform, Angi provides user-friendly tools that allow consumers to research service providers, compare prices, read verified reviews and book appointments. The company’s services span a wide range of home needs, including plumbing, electrical work, landscaping, painting, cleaning, remodeling and general handyman tasks.
Originally founded in 1995 as Angie’s List, the company built its reputation on a subscription-based model and a comprehensive database of customer reviews.
Recommended Stories
Receive News & Ratings for Angi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Angi and related companies with MarketBeat.com's FREE daily email newsletter.
