ANGI Inc.

JPMorgan has rated Angi as "underweight," its first sell recommendation for the stock, which significantly lowers the consensus. The shares fell about 3% in premarket trading. Angi’s Q2 results showed revenue down 11% to $248 million and a GAAP loss of $5.70 per share, partly due to a goodwill/intangible-asset impairment of roughly $235 million; the number of active service providers also declined amid rising churn. The result and the new analyst view weigh on the stock, which is trading near its 52-week low. » More on de.investing.com

Angi announced it will offer its app as an integrated application in the AI platform Gemini starting Thursday, part of its expansion onto AI platforms. The integration allows users to ask questions about home-improvement projects and to use an “AI Helper” to translate project descriptions into service requests for local professionals. Angi notes that 50% of homeowners already use AI features and that these users achieve roughly three times higher conversion rates on quote requests. » More on de.investing.com

Angi reported adjusted EBITDA of US$23 million for Q1 2026, beating expectations, while revenue—after strong January/February—softened in March due to macroeconomic headwinds. The stock fell about 19.44% in premarket trading to US$5.95 and is approaching its 52‑week low. The company repurchased US$100 million of outstanding liabilities at a discount, plans an annual cash‑flow buffer of US$50 million, and reiterated a revenue forecast of about US$1.04 billion and EPS of US$0.57–0.59 for 2026/2027. » More on de.investing.com