ANGI Forecast


Bullish Case: ANGI's price at $2.37 and a P/B ratio of 0.4 indicate potential undervaluation. Strategic partnerships and investments, such as those from Fantom Foundation, could drive demand and increase stock price.


Bearish Case: Long-term ANGI price declines and persistent struggles signal further downside risk. High current volatility suggests that market confidence remains low, pointing to potential continuing underperformance.


Potential Outcomes:

1. Flat market (60% chance).

2. Strategic partnerships announcements (30% chance).

3. Minor price decline (-0.8%) predicted by AI (10% chance). (Updated from June 27 predictions).


Trading Oracle: Utilize a credit spread strategy. Sell the ANGI 08/16/2024 $2.50 Call and buy the ANGI 09/20/2024 $2.50 Call to balance risk and capitalize on high implied volatility. This approach hedges bearish outlook while being prime for sideways market. Time outlook: 1-2 months.


July 23, 2024


ANGI Homeservices Forecast

ANGI      ANGI Homeservices











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