Citigroup Has Lowered Expectations for Genius Sports (NYSE:GENI) Stock Price

Genius Sports (NYSE:GENI) had its target price reduced by Citigroup from $16.00 to $13.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Citigroup’s price objective indicates a potential upside of 113.11% from the stock’s current price.

Several other research firms have also issued reports on GENI. B. Riley Financial reaffirmed a “buy” rating on shares of Genius Sports in a research note on Friday. Wells Fargo & Company upgraded Genius Sports from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $13.00 to $16.00 in a report on Friday, January 9th. Macquarie Infrastructure reaffirmed an “outperform” rating and issued a $15.00 price target on shares of Genius Sports in a research report on Wednesday, November 5th. Oppenheimer lowered their price objective on Genius Sports from $15.00 to $12.00 and set an “outperform” rating on the stock in a report on Friday. Finally, Guggenheim cut their price objective on Genius Sports from $17.00 to $12.00 and set a “buy” rating on the stock in a research note on Friday. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $14.41.

Genius Sports Stock Down 1.5%

NYSE GENI opened at $6.10 on Friday. The stock has a market capitalization of $1.31 billion, a PE ratio of -12.98 and a beta of 1.85. Genius Sports has a 12-month low of $6.00 and a 12-month high of $13.73. The company has a 50 day moving average price of $10.14 and a two-hundred day moving average price of $11.17.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in GENI. PNC Financial Services Group Inc. boosted its position in shares of Genius Sports by 13.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 55,474 shares of the company’s stock valued at $611,000 after acquiring an additional 6,565 shares during the period. TimesSquare Capital Management LLC acquired a new position in Genius Sports during the 4th quarter valued at $59,851,000. HighTower Advisors LLC raised its stake in Genius Sports by 37.4% during the 4th quarter. HighTower Advisors LLC now owns 27,167 shares of the company’s stock valued at $299,000 after purchasing an additional 7,392 shares during the last quarter. Gabelli Funds LLC boosted its holdings in Genius Sports by 13.3% in the 4th quarter. Gabelli Funds LLC now owns 51,000 shares of the company’s stock valued at $562,000 after purchasing an additional 6,000 shares during the period. Finally, Stephens Investment Management Group LLC grew its position in Genius Sports by 68.9% in the 4th quarter. Stephens Investment Management Group LLC now owns 5,624,316 shares of the company’s stock worth $61,980,000 after purchasing an additional 2,293,847 shares during the last quarter. 81.91% of the stock is owned by institutional investors.

More Genius Sports News

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

Genius Sports Company Profile

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.