Genius Sports (NYSE:GENI) Posts Quarterly Earnings Results, Misses Expectations By $0.07 EPS

Genius Sports (NYSE:GENI) announced its quarterly earnings data on Tuesday. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.07), Zacks reports. Genius Sports had a negative net margin of 15.84% and a negative return on equity of 14.11%. Genius Sports updated its FY 2025 guidance to EPS.

Genius Sports Trading Down 3.9 %

Genius Sports stock opened at $8.34 on Tuesday. The firm has a market cap of $1.80 billion, a P/E ratio of -26.06 and a beta of 2.15. Genius Sports has a 1-year low of $4.91 and a 1-year high of $10.33. The firm has a 50-day moving average of $8.96 and a 200-day moving average of $8.41.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Citigroup increased their price target on shares of Genius Sports from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Citizens Jmp lowered shares of Genius Sports from a “strong-buy” rating to a “hold” rating in a report on Monday, January 6th. Benchmark boosted their price target on shares of Genius Sports from $10.00 to $11.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. JMP Securities reaffirmed a “market outperform” rating and set a $11.00 price objective on shares of Genius Sports in a research note on Monday, January 27th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $12.00 price objective on shares of Genius Sports in a report on Tuesday. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $11.69.

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.