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Added to YB: 2025-05-26

Pitch date: 2025-05-23

ANGI [bullish]

Angi Inc.

-55.26%

current return

Author Info

No bio for this author

Company Info

Angi Inc. connects home professionals with consumers in the United States and internationally. The company provides consumers with tools and resources to help them find local, pre-screened and customer-rated professionals, and refers consumers to independently established home professionals; and connects consumers with professionals in various service categories in its nationwide network through digital marketplace and certain third-party affiliate platforms.

Market Cap

$259.9M

Pitch Price

$15.69

Price Target

90.00 (+1182%)

Dividend

N/A

EV/EBITDA

3.76

P/E

6.89

EV/Sales

0.48

Sector

Interactive Media and Services

Category

turnaround

Show full summary:
Angi (ANGI) – A Greenblatt-Style Spin-Off with Hidden Leverage and Insiders Betting Big

ANGI: Largest US home services marketplace undergoing transformation led by insiders who left IAC. 2025 revenue down 19.5% from cutting low-quality network leads (57% drop), but proprietary leads (80% of volume) now growing with higher conversion rates. Improving homeowner NPS, job completion +30%, pro LTV +150% YoY. 2025E FCF ~$62.5M (15x) rising to ~$80M in 2026. 2% market share could grow to 5-10%, driving 3-5x upside.

Read full article (7 min)