Brokerages Set Genius Sports Limited (NYSE:GENI) PT at $14.22

Shares of Genius Sports Limited (NYSE:GENI) have received a consensus rating of “Moderate Buy” from the twenty-one ratings firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation, fourteen have issued a buy recommendation and three have issued a strong buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $14.3529.

Several brokerages have issued reports on GENI. Benchmark boosted their price target on shares of Genius Sports from $15.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. The Goldman Sachs Group lifted their target price on shares of Genius Sports from $12.00 to $14.00 and gave the company a “buy” rating in a research report on Thursday, August 7th. UBS Group upped their target price on shares of Genius Sports from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday, September 10th. Roth Capital started coverage on shares of Genius Sports in a research note on Friday, September 12th. They set a “buy” rating and a $16.00 price target for the company. Finally, Guggenheim set a $16.00 price objective on Genius Sports and gave the company a “buy” rating in a report on Thursday, August 7th.

Genius Sports Trading Down 0.5%

Shares of GENI stock opened at $10.27 on Monday. The stock has a 50 day moving average of $11.99 and a two-hundred day moving average of $11.24. Genius Sports has a 12 month low of $8.15 and a 12 month high of $13.73. The company has a market capitalization of $2.21 billion, a P/E ratio of -21.85 and a beta of 1.84.

Genius Sports (NYSE:GENI) last released its quarterly earnings data on Tuesday, November 4th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.18). The firm had revenue of $166.28 million for the quarter, compared to the consensus estimate of $156.24 million. Genius Sports had a negative net margin of 19.71% and a negative return on equity of 14.39%. Genius Sports has set its FY 2025 guidance at EPS. Sell-side analysts predict that Genius Sports will post -0.1 earnings per share for the current fiscal year.

Institutional Trading of Genius Sports

Several institutional investors have recently bought and sold shares of GENI. Wellington Management Group LLP raised its stake in Genius Sports by 25.4% during the first quarter. Wellington Management Group LLP now owns 10,244,434 shares of the company’s stock worth $102,547,000 after acquiring an additional 2,076,590 shares in the last quarter. Voss Capital LP grew its holdings in shares of Genius Sports by 17.0% in the 1st quarter. Voss Capital LP now owns 9,269,519 shares of the company’s stock worth $92,788,000 after purchasing an additional 1,346,087 shares during the last quarter. Cooper Creek Partners Management LLC increased its position in shares of Genius Sports by 9.6% during the 2nd quarter. Cooper Creek Partners Management LLC now owns 9,191,865 shares of the company’s stock worth $95,595,000 after purchasing an additional 806,233 shares in the last quarter. Senvest Management LLC lifted its holdings in Genius Sports by 1.4% during the 2nd quarter. Senvest Management LLC now owns 7,813,156 shares of the company’s stock valued at $81,257,000 after purchasing an additional 107,083 shares during the last quarter. Finally, Hood River Capital Management LLC boosted its position in Genius Sports by 3.3% in the second quarter. Hood River Capital Management LLC now owns 6,811,333 shares of the company’s stock valued at $70,838,000 after buying an additional 215,384 shares in the last quarter. Institutional investors and hedge funds own 81.91% of the company’s stock.

About Genius Sports

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.