12 Analysts Have This To Say About Genius Sports

Throughout the last three months, 12 analysts have evaluated Genius Sports (NYSE:GENI), offering a diverse set of opinions from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 7 4 1 0 0
Last 30D 0 1 0 0 0
1M Ago 1 1 1 0 0
2M Ago 0 0 0 0 0
3M Ago 6 2 0 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $11.38, with a high estimate of $12.00 and a low estimate of $9.00. Surpassing the previous average price target of $10.12, the current average has increased by 12.45%.

Diving into Analyst Ratings: An In-Depth Exploration

The standing of Genius Sports among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Eric Ross JMP Securities Maintains Market Outperform $11.00 $11.00
Bernie McTernan Needham Maintains Buy $12.00 $12.00
Jordan Bender JMP Securities Maintains Market Outperform $11.00 $11.00
Mitch Germain JMP Securities Maintains Market Perform $11.00 $11.00
Jason Bazinet Citigroup Raises Buy $12.00 $10.00
Ben Miller Goldman Sachs Raises Buy $11.50 $8.50
Chad Beynon Macquarie Raises Outperform $12.00 $10.00
Jed Kelly Oppenheimer Raises Outperform $12.00 $10.00
Mike Hickey Benchmark Raises Buy $11.00 $10.00
David Bain B. Riley Securities Raises Buy $12.00 $10.00
Bernie McTernan Needham Raises Buy $12.00 $9.00
Bernie McTernan Needham Maintains Buy $9.00 $9.00

Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Genius Sports. This information offers a snapshot of how analysts perceive the current state of the company. Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Genius Sports compared to the broader market. Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Genius Sports's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Genius Sports's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

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About Genius Sports

Genius Sports Ltd is a B2B provider of scalable, technology-led products and services to the sports, sports betting, and sports media industries. Its services are organized into three key product areas including Sports Technology and Services; Betting Technology, Content and Services; and Media Technology, Content and Services. All of its products are powered by proprietary technology and robust data infrastructure. It generates maximum revenue from the Betting Technology, Content and Services division. Geographically, the company derives a majority of its revenue from Europe.

Genius Sports's Economic Impact: An Analysis

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Genius Sports displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 18.16%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 10.4%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Genius Sports's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.26%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.74%, the company showcases effective utilization of assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.01.

Understanding the Relevance of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Latest Ratings for GENI

DateFirmActionFromTo
Jan 2022Credit SuisseInitiates Coverage OnOutperform
Dec 2021CitigroupMaintainsBuy
Nov 2021B. Riley SecuritiesMaintainsBuy

View More Analyst Ratings for GENI

View the Latest Analyst Ratings

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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