ANGI Homeservices (ANGI) Stock Forecast & Price Target

Angi is going through a fundamental shift to become an AI-native platform by suspending legacy feature updates and deploying resources towards AI initiatives, resulting in continued top-line pressure in 2026 and likely even 2027. Although management expects to generate solid operating cash flow and has launched its first AI Agent, which helps homeowners find professionals more effectively, the progress may not be enough to offset the decline in network leads and sales representatives, as Angi continues to struggle with fierce competition and exposure to Google's search algorithm.

Angi is facing near-term homeowner demand headwinds, leading to lower revenue and slowing growth in its revenue-driving Ads and Leads segment. The company's pivot to a fully AI-native product transformation, while potentially unlocking a larger long-term market opportunity, is still in its early stages and has yet to show sustained growth. Factors such as improving homeowner and pro experiences, higher NPS scores, and successful execution of the AI-native strategy could drive stronger revenue and margin performance in the future. However, until there are clearer signs of sustainable growth, the negative outlook remains unchanged.