SAN DIEGO, May  06, 2026  (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Angi Inc. (NASDAQ:ANGI). The investigation focuses on Angi&#39;s executive officers and whether

ANGI

Angi Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses

Angi Reports Decline in Financial Performance Amid Securities Investigation

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>SAN DIEGO, May  06, 2026  (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Angi Inc. (NASDAQ:ANGI). The investigation focuses on Angi&amp;#39;s executive officers and whether</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Angi Inc. is under investigation for potential securities law violations following disappointing Q1 2026 results. A significant revenue decline and a strategic shift to an AI-focused platform pose risks, potentially impacting investor confidence and share prices.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Angi faces investigation over potential securities law violations.</li><li>Q1 2026 revenue decreased 3% to $238.2 million year-over-year.</li><li>Operating loss of $9.5 million noted compared to $20.0 million profit last year.</li><li>Network Revenue declined 56% year-over-year signaling operational distress.</li><li>Strategic shift towards an AI-native platform may impact future performance.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Johnson Fistel, PLLP (N/A)</strong>: Law firm investigating Angi&#039;s executive activities.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This situation falls under &#039;Corporate Developments&#039; due to the internal investigation related to executive actions and financial disclosures. The implications of such developments could significantly affect investor sentiment and stock performance for ANGI.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Investigation could lead to litigation costs affecting financial stability.</li><li>Sharp revenue and profit declines signal potential ongoing operational issues.</li><li>Strategic shift may not yield short-term revenue benefits.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Q1 2026 revenue: $238.2 million, down 3% YoY.</li><li>Q1 2026 operating loss: $9.5 million, previous year&#039;s profit $20 million.</li><li>Network revenue down 56% year-over-year.</li><li>Average Monthly Active Pros decreased 22% to 105,000.</li><li>Company announced a focus shift to an AI-native platform.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Given the investigation and financial performance, ANGI is bearish in the short term.</p>
  </section>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>SAN DIEGO, May  06, 2026  (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Angi Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ANGI">ANGI</a>). The investigation focuses on Angi's executive officers and whether investor losses may be recovered under federal securities laws.</p>  <p><strong>What if I purchased Angi securities?</strong><br></br>If you purchased Angi securities and suffered losses on your investment, join our investigation now: <a href="https://www.globenewswire.com/Tracker?data=_Ccfl4FUphEffwb_OaH_24mO67Zxvn5GRNNIZ9M9jkpU-juQusU3ULUFk2CU8ZwbJASsxafp0v9rcE_iVM7oWlyhQ8yq2L0z3CDlRR9IO9988gm-93ZIQpRIFFQWqyof64wPKf3Y2qWO2he3Mo3Th3Wj96RymaTUANLoC2EiE5w=" rel="nofollow" target="_blank">Click here to join the investigation</a>.</p>  <p>Or for more information, contact Jim Baker at <a href="mailto:jimb@johnsonfistel.com">jimb@johnsonfistel.com</a> or (619) 814-4471.</p>  <p>There is no cost or obligation to you.</p>  <p><strong>Background of the investigation</strong><br></br>On May 5, 2026, Angi reported its first quarter 2026 financial results and published a letter to shareholders. Among other things, the Company disclosed revenue of $238.2 million, down 3% compared to the prior-year period.</p>  <p>Angi also disclosed an operating loss of $9.5 million, compared to operating income of $20.0 million in the prior-year period, and adjusted EBITDA of $22.9 million, compared to $27.7 million in the prior-year period.</p>  <p>In addition, Angi disclosed that Network Revenue declined 56% year-over-year and that Revenue per Lead decreased 5% year-over-year, which the Company attributed primarily to delivering additional leads to subscription Pros in excess of their contract values.</p>  <p>Angi further disclosed that Average Monthly Active Pros declined to approximately 105,000, compared to approximately 134,000 in the prior-year period, representing a decrease of approximately 22%.</p>  <p>In its shareholder letter, Angi also announced a strategic shift focused on an AI-native platform. As part of that shift, the Company stated that it would "feature-freeze the legacy platform, stop focusing on near-term revenue goals, and cease quarterly guidance."</p>  <p>Following this disclosure, Angi's stock price declined sharply, damaging investors.</p>  <p>In light of this disclosure, Johnson Fistel is investigating whether Angi complied with the federal securities laws. If you suffered losses from your investment in Angi stock, contact Johnson Fistel.</p>  <p><strong>About Johnson Fistel, PLLP &#x7C; Securities Fraud &amp; Investor Rights</strong><br></br>Johnson Fistel, PLLP is a nationally recognized shareholder-rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits and also assists foreign investors who purchased shares on U.S. exchanges. To learn more, visit <a href="https://www.globenewswire.com/Tracker?data=v0MGsMm2UYLuOnOpVT1kqmMhvz-N0A7gF54KYXOu5z3yEB-s3DYp-6fGroq9YXV69go_at3ONxVJfk_Byzq1D3uoDd7CIGnZk08yb2aYGmk=" rel="nofollow" target="_blank">www.johnsonfistel.com</a>.</p>  <p><strong>Achievements</strong><br></br>In 2024, Johnson Fistel was ranked among the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services, reflecting the firm's effectiveness in advocating for investors and recovering approximately $90,725,000 for clients in cases where it served as lead or co-lead counsel.</p>  <p>Attorney advertising.<br></br>Past results do not guarantee future outcomes.<br></br>Services may be performed by attorneys in any of our offices.<br></br>Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.</p>  <p><strong>Contact</strong><br></br>Johnson Fistel, PLLP<br></br>501 W. Broadway, Suite 800<br></br>San Diego, CA 92101<br></br>James Baker, Investor Relations – or – Frank J. Johnson, Esq.<br></br>(619) 814-4471 &#x7C; <a href="mailto:jimb@johnsonfistel.com">jimb@johnsonfistel.com</a> &#x7C; <a href="mailto:fjohnson@johnsonfistel.com">fjohnson@johnsonfistel.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcxNDcxNyM3NTg3ODcxIzIxODE3ODk="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/MmI0NzM2YjktYWJmNS00ZTNiLTlhMzAtZGRjMDk5Njk1N2Y4LTExOTMzNTgtMjAyNi0wNS0wNi1lbg==/tiny/Johnson-Fistel-PLLP.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/bb2e6cf6-9d53-4d2e-a5d2-759cdd3b516c"><img src="https://ml.globenewswire.com/media/bb2e6cf6-9d53-4d2e-a5d2-759cdd3b516c/small/johnson-fistel-jpg.jpg" border="0" width="150" height="150" alt="Primary Logo"></img></a></p>

Angi Inc. is under investigation for potential securities law violations following disappointing Q1 2026 results. A significant revenue decline and a strategic shift to an AI-focused platform pose risks, potentially impacting investor confidence and share prices.

Angi Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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