Genius Sports Limited (NYSE:GENI) Receives $12.19 Average PT from Analysts
2025-04-29T07:41:05Z
Shares of Genius Sports Limited (NYSE:GENI – Get Free Report) have received an average rating of “Moderate Buy” from the thirteen brokerages that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock…
Shares of Genius Sports Limited (NYSE:GENI – Get Free Report) have received an average rating of “Moderate Buy” from the thirteen brokerages that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and twelve have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $12.19.
Several research firms recently weighed in on GENI. JMP Securities restated a “market outperform” rating and issued a $11.00 price objective on shares of Genius Sports in a research report on Monday, January 27th. Lake Street Capital upped their price objective on shares of Genius Sports from $10.50 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, March 5th. Deutsche Bank Aktiengesellschaft started coverage on shares of Genius Sports in a report on Monday, April 21st. They set a “buy” rating and a $12.00 target price on the stock. B. Riley assumed coverage on shares of Genius Sports in a research note on Tuesday, March 18th. They issued a “buy” rating for the company. Finally, The Goldman Sachs Group boosted their price objective on shares of Genius Sports from $11.00 to $12.50 and gave the company a “buy” rating in a research report on Wednesday, March 5th.
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Genius Sports Stock Performance
Shares of Genius Sports stock opened at $10.80 on Thursday. The stock has a 50 day moving average price of $9.68 and a two-hundred day moving average price of $9.06. Genius Sports has a 52 week low of $4.91 and a 52 week high of $11.16. The stock has a market capitalization of $2.32 billion, a PE ratio of -33.75 and a beta of 1.98.
Genius Sports (NYSE:GENI – Get Free Report) last issued its quarterly earnings results on Tuesday, March 4th. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.16). Genius Sports had a negative return on equity of 14.11% and a negative net margin of 15.84%. The company had revenue of $175.53 million during the quarter, compared to analysts’ expectations of $175.52 million. During the same period last year, the firm posted ($0.10) earnings per share. Research analysts forecast that Genius Sports will post -0.1 EPS for the current year.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in GENI. Stifel Financial Corp purchased a new stake in Genius Sports during the 3rd quarter valued at $561,000. State Street Corp raised its holdings in Genius Sports by 237.8% during the 3rd quarter. State Street Corp now owns 135,859 shares of the company’s stock valued at $1,065,000 after buying an additional 95,642 shares during the period. Sanctuary Advisors LLC purchased a new stake in Genius Sports during the 3rd quarter valued at $221,000. Tidal Investments LLC bought a new position in Genius Sports in the 3rd quarter valued at $371,000. Finally, JPMorgan Chase & Co. grew its position in Genius Sports by 2,765,692.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 691,448 shares of the company’s stock valued at $5,421,000 after acquiring an additional 691,423 shares during the last quarter. 81.91% of the stock is owned by hedge funds and other institutional investors.
About Genius Sports
(Get Free Report
Genius Sports Limited engages in the development and sale of technology-led products and services to the sports, sports betting, and sports media industries. It offers technology infrastructure for the collection, integration, and distribution of live data of sports leagues; streaming solutions comprising technology, automatic production, and distribution for sports to commercialize video footage of their games; and end-to-end integrity services to sports leagues, such as full-time active monitoring technology, which uses mathematical algorithms to identify and flag suspicious betting activity in global betting markets, as well as a full suite of online and offline educational and consultancy services.
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