ANGI Homeservices (ANGI) Stock Forecast & Price Target

Angi is appealing because it is repositioning itself as an AI-native platform, with 50% of homeowners already using AI features and converting at roughly 3x the rate of non-users, which supports stronger engagement and monetization as the rollout scales. The company also has a meaningful internal growth opportunity, with $35 billion in annualized homeowner job value on-platform but only $10 billion completed by Angi pros, while proprietary revenue has risen to $185.4 million of $202.5 million domestic revenue, or about 91.5%, showing a successful shift away from legacy network dependence. Profitability and balance-sheet flexibility further support the outlook, as the company expects $70-80 million in annual run-rate savings, targets $50 million in operating cash flow, and repurchased $100 million of 2028 Senior Notes for $91.9 million while retaining access to a $175 million revolver.

Angi is facing a negative fundamental setup because homeowner demand weakened after a solid start to 1Q26, with March and April softness causing pros to pull back on lead budgets and revenue to land at the low end of guidance. Management’s shift to an AI-native transformation and removal of quarterly guidance increases execution uncertainty, while lowered 2026E profitability and revenue estimates underscore pressure from slower proprietary channel volume growth and lower revenue per lead. With shares at 4.3x the 2027E EBITDA estimate of about $112M and visibility still limited, the business may be fairly valued only if clear evidence emerges that conversion, pro win rates, and revenue growth are sustainably improving.