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Home/News Feed/Angi Q2 revenue falls 11%, user churn rises, prompting Strong Sell rating amid weak outlook

ANGI

$4.84

-$0.12 -2.42%

Angi Q2 revenue falls 11%, user churn rises, prompting Strong Sell rating amid weak outlook

Company Fundamentals

08 Aug 2026

Seeking Alpha

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Bearish

Angi reported disappointing Q2 results with revenue down 11% year-over-year to $248 million and adjusted EBITDA dropping 14%. Key performance indicators showed a 17% decline in average monthly active professionals, signaling ongoing structural challenges and market share losses. The company’s pivot to AI has not convinced analysts, and without a housing market rebound or clear growth catalysts, further revenue declines and margin pressure are expected in the second half of the year. The stock faces a bleak outlook with a Strong Sell rating maintained due to these concerns.

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Angi Inc. releases Q2 2026 earnings and schedules conference call for August 5

Angi Inc. announced its financial results for the second quarter of 2026 and published a letter to shareholders from CEO Jeff Kip on its investor relations website. The company will hold a conference call on August 5, 2026, to discuss the results and...

Company Fundamentals

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