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Analysts Hold Mixed Sentiment on Angi Inc. (ANGI) but Still See 40% Upside

Angi Inc. (NASDAQ:ANGI) is the first and smallest stock of our list of spin-off companies in 2025. The company was part of IAC Inc. (NASDAQ:IAC), a media and internet company, which completed the spin-off on March 31, 2025, through a special dividend (a distribution) of all Angi common stock, owned by IAC, to holders of IAC common stock and IAC Class B common stock. Before the spin-off, Angi was a listed company, but IAC controlled it through its economic and voting interests in Angi of 85.3% and 98.3%, respectively, as of December 31, 2024.

In a recent analyst update, RBC Capital Markets analyst Brad Erickson reiterated a Hold rating on Angi Inc. (NASDAQ:ANGI) with a price target of $18.00 on December 17. As a relatively small company, Angi hasn’t seen significant analyst activity recently, particularly after reporting weaker-than-expected earnings in early November.

As of December 26, the consensus view remains cautious: only 40% of analysts covering the stock assign a Buy rating, and the remainder rate it a Hold. There is a substantial divergence between the high ($27) and low ($14) price targets, with the median price target of $18 still indicating nearly 42% upside.

Consistent with the cautious analyst view, the company’s share price has been volatile. Since the spin-off, the stock has declined around 18% and nearly 24% year to date.

As of the latest update, the company has consolidated its five international business platforms into a single unified platform. It is now working to integrate this platform with three of its U.S. platforms into a single global platform, with a target completion date of Q1 2027. The company is also accelerating software development to create a modern AI-first platform.

Angi Inc. (NASDAQ:ANGI) operates platforms for home services, connecting home professionals with consumers across more than 500 categories, from home repair and remodelling to cleaning and landscaping.

While we acknowledge the risk and potential of ANGI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ANGI and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT:  Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy and 11 Best Stocks You’ll Wish You Bought Sooner.

Disclosure: None. This article is originally published at Insider Monkey.

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  • 140 Metas
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