Genius Sports (NYSE:GENI - Get Free Report) issued its earnings results on Tuesday. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.16), RTT News reports. Genius Sports had a negative return on equity of 14.11% and a negative net margin of 15.84%. The business had revenue of $175.53 million for the quarter, compared to analyst estimates of $175.52 million. During the same period in the previous year, the firm posted ($0.10) EPS. Genius Sports updated its FY 2025 guidance to EPS.
Genius Sports Stock Performance
Shares of NYSE GENI traded up $0.22 during midday trading on Friday, reaching $9.73. The stock had a trading volume of 5,335,615 shares, compared to its average volume of 2,452,761. Genius Sports has a twelve month low of $4.91 and a twelve month high of $10.33. The company's 50 day moving average price is $9.00 and its 200 day moving average price is $8.44. The firm has a market cap of $2.09 billion, a price-to-earnings ratio of -30.42 and a beta of 2.14.
Analyst Ratings Changes
GENI has been the topic of several recent research reports. Benchmark raised their price objective on Genius Sports from $11.00 to $12.00 and gave the company a "buy" rating in a report on Wednesday. Citigroup boosted their price target on Genius Sports from $10.00 to $12.00 and gave the stock a "buy" rating in a report on Wednesday, November 27th. JMP Securities reaffirmed a "market outperform" rating and issued a $11.00 price objective on shares of Genius Sports in a research note on Monday, January 27th. Oppenheimer lifted their target price on shares of Genius Sports from $10.00 to $12.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 13th. Finally, Needham & Company LLC restated a "buy" rating and issued a $12.00 price target on shares of Genius Sports in a research report on Tuesday. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $11.83.
Get Our Latest Stock Analysis on Genius Sports
Genius Sports Company Profile
(
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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.
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