BTIG Research Reiterates “Buy” Rating for Genius Sports (NYSE:GENI)

Genius Sports (NYSE:GENI)‘s stock had its “buy” rating restated by equities researchers at BTIG Research in a research note issued on Friday,Benzinga reports. They presently have a $16.00 price target on the stock. BTIG Research’s target price would indicate a potential upside of 162.30% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. UBS Group set a $16.00 target price on shares of Genius Sports in a research report on Monday, December 8th. New Street Research set a $17.00 price objective on shares of Genius Sports in a research report on Thursday, December 4th. Zacks Research upgraded shares of Genius Sports from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 4th. Truist Financial set a $15.00 target price on shares of Genius Sports in a research note on Monday, February 2nd. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $16.00 price objective on shares of Genius Sports in a research note on Thursday, December 4th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Genius Sports has an average rating of “Moderate Buy” and an average target price of $14.41.

Genius Sports Stock Down 1.5%

Shares of NYSE GENI opened at $6.10 on Friday. The business has a 50-day moving average price of $10.14 and a 200 day moving average price of $11.17. The stock has a market cap of $1.31 billion, a PE ratio of -12.98 and a beta of 1.85. Genius Sports has a 52-week low of $6.00 and a 52-week high of $13.73.

Hedge Funds Weigh In On Genius Sports

A number of large investors have recently made changes to their positions in GENI. Wellington Management Group LLP grew its position in Genius Sports by 17.9% during the third quarter. Wellington Management Group LLP now owns 13,513,537 shares of the company’s stock worth $167,298,000 after buying an additional 2,051,503 shares during the period. Cooper Creek Partners Management LLC boosted its stake 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 acquiring an additional 806,233 shares in the last quarter. Senvest Management LLC grew its holdings in shares of Genius Sports by 1.4% in the 2nd quarter. Senvest Management LLC now owns 7,813,156 shares of the company’s stock worth $81,257,000 after acquiring an additional 107,083 shares during the period. Hood River Capital Management LLC raised its holdings in Genius Sports by 3.3% during the second quarter. Hood River Capital Management LLC now owns 6,811,333 shares of the company’s stock worth $70,838,000 after purchasing an additional 215,384 shares during the last quarter. Finally, Westfield Capital Management Co. LP boosted its position in Genius Sports by 82.7% during the third quarter. Westfield Capital Management Co. LP now owns 5,850,083 shares of the company’s stock worth $72,424,000 after purchasing an additional 2,647,948 shares in the last quarter. Hedge funds and other institutional investors own 81.91% of the company’s stock.

Key Headlines Impacting Genius Sports

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

• Positive Sentiment: BTIG reaffirmed its Buy rating and $16 price target, and an analyst note argued the Legend deal is strategically accretive and supports the company’s valuation, which is constructive for medium‑term upside. TipRanks: Strategically Accretive Legend Acquisition
• Positive Sentiment: Company guidance and deal rationale: Genius issued FY‑2025 revenue guidance around $669M (above consensus) and its press release says the Legend acquisition should be immediately accretive to Group Adjusted EBITDA margins—an explicit operational rationale for the deal. BusinessWire: Genius Sports Enters into Definitive Agreement to Acquire Legend
• Neutral Sentiment: Citigroup cut its price target from $16 to $13 but kept a Buy rating — the change trims upside expectations but maintains analyst support. Benzinga: Citigroup Lowers PT
• Neutral Sentiment: Guggenheim likewise lowered its price target (from $17 to $12) while retaining a Buy rating, signaling mixed analyst sentiment: strategic approval but more conservative valuation assumptions. Benzinga: Guggenheim Lowers PT
• Neutral Sentiment: Company hosted M&A materials and an investor call (transcript/slideshow available), useful for investors who want detail on integration plans, financing and synergies before taking a position. Seeking Alpha: M&A Call Transcript
• Negative Sentiment: Immediate market reaction: shares plunged on the acquisition announcement amid retail selling and concern about the deal’s size/valuation and potential dilution—multiple outlets reported a sharp intraday drop, indicating short‑term investor wariness. MarketWatch: Genius Sports Shares Fall After $1.2B Legend Acquisition

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.