Angel Studios climbs after Roth MKM initiates coverage with 'Buy'

Angel Studios

16/12/2025 13:29

** Shares of entertainment firm Angel Studios ANGX.N up 3.5% at $5.25 premarket after Roth MKM initiates coverage with "buy" rating

** Brokerage calls it an attractive emerging media platform, saying its content taps into "a sizable and underserved market"

** ANGX has 1.6 mln Guild members; app installed on 100 mln+ devices; international expansion seen as long-term opportunity

** Roth MKM sets PT at $9 vs analysts' median PT of $11.50 - according to data compiled by LSEG

** As of last close ANGX down 54.4% YTD

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))