Genius Sports (GENI) Projected to Post Earnings on Tuesday

Genius Sports (NYSE:GENI) is expected to announce its earnings results before the market opens on Tuesday, March 4th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $175.52 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Genius Sports Stock Performance

NYSE GENI opened at $8.71 on Tuesday. The stock has a 50 day moving average price of $8.99 and a 200-day moving average price of $8.35. Genius Sports has a one year low of $4.91 and a one year high of $10.33. The company has a market capitalization of $1.87 billion, a P/E ratio of -27.20 and a beta of 2.15.

Analyst Ratings Changes

GENI has been the subject of several research reports. Macquarie increased their price objective on shares of Genius Sports from $10.00 to $12.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Oppenheimer increased their price target on shares of Genius Sports from $10.00 to $12.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. JMP Securities reiterated a “market outperform” rating and issued a $11.00 price target on shares of Genius Sports in a research report on Monday, January 27th. Benchmark upped their price objective on Genius Sports from $10.00 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. Finally, B. Riley lifted their target price on Genius Sports from $10.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $11.28.

Genius Sports Company Profile

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.