Genius Sports (NYSE:GENI – Get Free Report) had its price objective boosted by equities researchers at Oppenheimer from $10.00 to $12.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Oppenheimer’s price objective points to a potential upside of 52.19% from the stock’s current price.
A number of other equities analysts have also issued reports on the company. Citigroup reduced their target price on Genius Sports from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Stifel Nicolaus boosted their price target on Genius Sports from $5.00 to $7.00 and gave the company a “hold” rating in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft initiated coverage on Genius Sports in a report on Monday, May 11th. They issued a “buy” rating and a $10.00 price objective on the stock. The Goldman Sachs Group restated a “buy” rating and issued a $10.50 price objective on shares of Genius Sports in a research note on Friday. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and set a $8.00 target price on shares of Genius Sports in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $11.44.
Read Our Latest Research Report on Genius Sports
Genius Sports Price Performance
Genius Sports (NYSE:GENI – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.21). Genius Sports had a negative return on equity of 20.34% and a negative net margin of 22.26%.The company had revenue of $195.50 million during the quarter, compared to analysts’ expectations of $184.43 million. During the same period in the prior year, the business posted ($0.21) EPS. The company’s quarterly revenue was up 64.7% on a year-over-year basis. On average, equities analysts predict that Genius Sports will post -0.12 earnings per share for the current year.
Institutional Investors Weigh In On Genius Sports
Several hedge funds have recently bought and sold shares of GENI. Lexington Hill Partners LLC acquired a new stake in shares of Genius Sports during the 2nd quarter worth approximately $64,000. Moody National Bank Trust Division lifted its stake in shares of Genius Sports by 32.9% in the 2nd quarter. Moody National Bank Trust Division now owns 589,959 shares of the company’s stock valued at $3,575,000 after purchasing an additional 146,044 shares during the period. Pacer Advisors Inc. lifted its stake in shares of Genius Sports by 29.1% in the 1st quarter. Pacer Advisors Inc. now owns 15,270 shares of the company’s stock valued at $68,000 after purchasing an additional 3,440 shares during the period. Parallel Advisors LLC purchased a new stake in Genius Sports during the first quarter worth $25,000. Finally, Ritter Alpha LP purchased a new stake in Genius Sports during the first quarter worth $77,000. Hedge funds and other institutional investors own 81.91% of the company’s stock.
Genius Sports News Roundup
Here are the key news stories impacting Genius Sports this week:
- Positive Sentiment: Revenue and outlook strengthened. Second-quarter revenue rose 64.7% year over year to $195.5 million, exceeding analysts’ $184.4 million estimate. Genius Sports also raised its full-year 2026 revenue outlook to approximately $1.0 billion, in line with consensus. Genius Sports raises revenue guidance after strong Q2
- Positive Sentiment: Prediction-market expansion could create new revenue streams. Genius Sports announced partnerships with Kalshi and Polymarket to provide official sports data, media capabilities and integrity services. The deals expand the company’s addressable market beyond traditional sportsbooks. Genius Sports enters prediction markets with Polymarket and Kalshi partnerships
- Positive Sentiment: Advertising strategy is gaining traction. Management is using real-time sports data to help advertisers adjust campaigns during live games, signaling a shift toward higher-growth media and advertising revenue in addition to sportsbook data. Genius Sports’ media surge shows shift beyond sportsbook data
- Positive Sentiment: BTIG became more bullish. BTIG Research raised its price target from $9 to $10 and maintained a “buy” rating, implying meaningful potential upside from the referenced price. BTIG price target update
- Neutral Sentiment: Wells Fargo reaffirmed its “equal weight” rating and set an $8 price target, indicating limited expected near-term upside and a balanced risk-reward view. Wells Fargo rating update
- Negative Sentiment: Profitability fell well short of expectations. Genius Sports reported a quarterly loss of $0.28 per share, compared with the consensus estimate of a $0.07 loss and a $0.21 loss in the prior-year period. The wider-than-expected loss and continuing negative margins are likely outweighing the revenue beat and improved outlook. Genius Sports Q2 results
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.
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