Recent Research Analysts’ Ratings Changes for Genius Sports (GENI)

Genius Sports (NYSE: GENI) has recently received a number of price target changes and ratings updates:

• 1/17/2025 – Genius Sports had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $12.00 price target on the stock.
• 1/16/2025 – Genius Sports had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $11.00 price target on the stock.
• 1/6/2025 – Genius Sports had its “market perform” rating reaffirmed by analysts at JMP Securities. They now have a $11.00 price target on the stock.
• 1/6/2025 – Genius Sports was downgraded by analysts at Citizens Jmp from a “strong-buy” rating to a “hold” rating.
• 11/27/2024 – Genius Sports had its price target raised by analysts at Citigroup Inc. from $10.00 to $12.00. They now have a “buy” rating on the stock.

Genius Sports Stock Down 2.4 %

Shares of NYSE:GENI opened at $8.70 on Thursday. Genius Sports Limited has a 52 week low of $4.91 and a 52 week high of $10.33. The company has a 50-day moving average price of $9.09 and a 200 day moving average price of $7.86. The company has a market cap of $1.99 billion, a P/E ratio of -27.17 and a beta of 2.15.

Genius Sports (NYSE:GENI) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.06. Genius Sports had a negative return on equity of 14.11% and a negative net margin of 15.84%. The firm had revenue of $120.20 million for the quarter, compared to the consensus estimate of $118.94 million. During the same period in the previous year, the business earned ($0.06) earnings per share. The company’s revenue for the quarter was up 18.2% compared to the same quarter last year. Analysts expect that Genius Sports Limited will post -0.1 EPS for the current year.

Institutional Trading of Genius Sports

A number of institutional investors have recently added to or reduced their stakes in GENI. Wellington Management Group LLP increased its holdings in Genius Sports by 2.9% in the third quarter. Wellington Management Group LLP now owns 8,292,521 shares of the company’s stock valued at $65,013,000 after buying an additional 230,209 shares in the last quarter. Senvest Management LLC increased its stake in Genius Sports by 12.2% in the 3rd quarter. Senvest Management LLC now owns 7,546,809 shares of the company’s stock valued at $59,167,000 after purchasing an additional 819,385 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in Genius Sports by 10.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 7,520,342 shares of the company’s stock worth $58,959,000 after purchasing an additional 691,539 shares during the last quarter. FMR LLC boosted its position in Genius Sports by 53.2% during the third quarter. FMR LLC now owns 7,219,874 shares of the company’s stock worth $56,604,000 after purchasing an additional 2,507,165 shares in the last quarter. Finally, Portolan Capital Management LLC grew its holdings in Genius Sports by 9.4% in the third quarter. Portolan Capital Management LLC now owns 3,170,891 shares of the company’s stock valued at $24,860,000 after purchasing an additional 272,545 shares during the last quarter. Hedge funds and other institutional investors own 81.91% of the company’s stock.

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.