Added to YB: 2025-07-16
Pitch date: 2025-05-29
ANGI [bullish]
Angi Inc.
-54.8%
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
$15.53
Price Target
28.00 (+299%)
Dividend
N/A
EV/EBITDA
3.76
P/E
6.89
EV/Sales
0.48
Sector
Interactive Media and Services
Category
turnaround
Angi Inc. - $ANGI
ANGI: Post-IAC spin, now generating strong cash flow at 6-6.5x EBITDA, ~15x FCF. Market focused on revenue declines vs. improved earnings power. CEO Kip & Chairman Levin revamped model from volume to quality, stabilizing proprietary leads. New 'Homeowner Choice' feature to improve matching. PT $28-35 (50%+ upside), risks: execution, competition, discretionary spending.
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