PRNewswire (Tue, 30-Jun 4:15 PM ET)
Market Chameleon (Wed, 31-Dec 4:51 AM ET)
Subscriber Base Surges 97%: Anghami Accelerates Expansion with Warner Bros. Discovery Deal
Market Chameleon (Wed, 31-Dec 2:05 AM ET)
Anghami Inc is a digital music entertainment technology platform in the Middle East and North Africa, with a catalog of songs. The company features licensed content from Arabic labels, independent artists, and distributors. It also features music from International labels such as Universal, Sony, and Warner Music. The Group's three reportable segments: Revenue from subscriptions, Revenue from advertisement, and Revenue from live events. It generates the majority of its revenue from subscriptions segment, which is comes from subscription fees. The advertisement revenue segment generated through the sale of advertising across the Group's content. Revenues from live events are generated from the sale of tickets, food and beverage & sponsorship. It derives maximum revenue from KSA.
Anghami - trades on the NASDAQ stock market under the symbol ANGH.
As of August 11, 2026, ANGH stock price climbed to $3.76 with 70,961 million shares trading.
ANGH has a beta of 1.22, meaning it tends to be more sensitive to market movements. ANGH has a correlation of 0.02 to the broad based SPY ETF.
ANGH has a market cap of $34.08 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, ANGH traded as high as $34.90 and as low as $2.25.
ANGH has underperformed the market in the last year with a price return of +13.9% while the SPY ETF gained +22.1%. However, in the short term, ANGH had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.8% vs +4.7% return in SPY. But in the last 2 weeks, ANGH shares have been beat by the market, returning +3.3% compared to an SPY return of +4.3%.
ANGH support price is $3.36 and resistance is $3.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ANGH shares will trade within this expected range on the day.
