Genius Sports Limited (NYSE:GENI) Given Consensus Rating of “Moderate Buy” by Brokerages

Genius Sports Limited (NYSE:GENI) has earned a consensus recommendation of “Moderate Buy” from the nineteen research firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, thirteen have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $11.7778.

A number of brokerages have recently commented on GENI. Northland Securities set a $12.00 price target on Genius Sports in a research note on Friday, February 6th. Wells Fargo & Company decreased their price objective on Genius Sports from $10.00 to $9.00 and set an “overweight” rating for the company in a report on Thursday, March 5th. Wall Street Zen downgraded Genius Sports from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. BTIG Research decreased their price objective on Genius Sports from $10.00 to $9.00 and set a “buy” rating for the company in a report on Thursday. Finally, Benchmark restated a “buy” rating on shares of Genius Sports in a report on Thursday, March 5th.

Key Genius Sports News

Here are the key news stories impacting Genius Sports this week:

• Positive Sentiment: Several analysts still see significant upside in Genius Sports, even after trimming price targets: Citi cut its target to $8, BTIG to $9, and Needham to $10, all while maintaining buy ratings. That suggests analysts still view the recent selloff as overdone relative to the company’s long-term potential.
• Positive Sentiment: Genius Sports raised its outlook and highlighted growth tied to prediction markets, which could become an additional revenue tailwind if that trend continues. Genius Sports Touts Prediction Market Growth, Raises Outlook
• Positive Sentiment: Investor interest is also being supported by bullish coverage framing Genius Sports as a beneficiary of the broader prediction-market boom, reinforcing the stock’s longer-term growth narrative. Kalshi vs. Polymarket? This Small-Cap Sports Data Stock Is the Surefire Winner Either Way.
• Neutral Sentiment: The company reported first-quarter revenue of $187.95 million, above expectations and up 30.5% year over year, but earnings missed estimates at a loss of $0.21 per share versus the expected $0.09 loss. The revenue beat is constructive, but the earnings miss likely kept sentiment mixed. Genius Sports quarterly earnings report

Institutional Trading of Genius Sports

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Personalized Indexing Management LLC increased its holdings in Genius Sports by 9.1% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 14,131 shares of the company’s stock valued at $175,000 after purchasing an additional 1,177 shares during the period. Prelude Capital Management LLC increased its holdings in Genius Sports by 1.3% in the third quarter. Prelude Capital Management LLC now owns 92,529 shares of the company’s stock valued at $1,146,000 after purchasing an additional 1,181 shares during the period. Cetera Investment Advisers increased its holdings in Genius Sports by 10.0% in the second quarter. Cetera Investment Advisers now owns 15,288 shares of the company’s stock valued at $159,000 after purchasing an additional 1,388 shares during the period. SkyView Investment Advisors LLC grew its holdings in Genius Sports by 2.0% during the 2nd quarter. SkyView Investment Advisors LLC now owns 77,289 shares of the company’s stock worth $802,000 after acquiring an additional 1,512 shares during the period. Finally, Main Management ETF Advisors LLC grew its holdings in Genius Sports by 1.0% during the 4th quarter. Main Management ETF Advisors LLC now owns 163,647 shares of the company’s stock worth $1,803,000 after acquiring an additional 1,672 shares during the period. 81.91% of the stock is currently owned by institutional investors and hedge funds.

Genius Sports Stock Performance

Shares of GENI opened at $4.39 on Monday. Genius Sports has a 52 week low of $3.83 and a 52 week high of $13.73. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of -7.20 and a beta of 1.80. The stock has a fifty day moving average of $4.83 and a 200-day moving average of $8.00.

Genius Sports (NYSE:GENI) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.12). Genius Sports had a negative net margin of 22.26% and a negative return on equity of 20.15%. The firm had revenue of $187.95 million during the quarter, compared to the consensus estimate of $170.60 million. During the same quarter in the previous year, the company posted ($0.03) earnings per share. The firm’s revenue was up 30.5% on a year-over-year basis.

About Genius Sports

Genius Sports is a global sports technology company that specializes in collecting, analyzing and distributing real-time sports data and video streams. The firm provides official data feeds, live video streaming solutions and digital engagement tools to sports leagues, federations, broadcasters and betting operators. By integrating data directly from sporting events through its network of field officials and proprietary technology, Genius Sports ensures accuracy and integrity for partners who rely on up-to-the-second information.

The company’s product suite includes a cloud-based platform for data capture and distribution, an integrity services offering designed to identify and mitigate match-fixing risks, and a suite of commercial products that power odds creation, in-game betting markets and fan engagement experiences.