Genius Sports (NYSE:GENI) Announces Earnings Results, Misses Expectations By $0.16 EPS

Genius Sports (NYSE:GENI) issued its quarterly earnings data on Tuesday. The company reported ($0.12) earnings per share (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 analysts’ expectations of $175.52 million. During the same period in the previous year, the business posted ($0.10) earnings per share. Genius Sports updated its FY 2025 guidance to EPS.

Genius Sports Trading Up 4.5 %

Shares of Genius Sports stock opened at $9.73 on Thursday. The stock has a market cap of $2.09 billion, a PE ratio of -30.39 and a beta of 2.15. The company has a 50-day moving average of $8.99 and a two-hundred day moving average of $8.43. Genius Sports has a 12-month low of $4.91 and a 12-month high of $10.33.

Analyst Ratings Changes

A number of equities analysts recently issued reports on GENI shares. Lake Street Capital raised their price target on Genius Sports from $10.50 to $11.00 and gave the stock a “buy” rating in a report on Wednesday. Oppenheimer boosted their target price on Genius Sports from $10.00 to $12.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. JMP Securities reaffirmed a “market outperform” rating and set a $11.00 price target on shares of Genius Sports in a report on Monday, January 27th. Needham & Company LLC reissued a “buy” rating and issued a $12.00 price objective on shares of Genius Sports in a research note on Tuesday. Finally, Citizens Jmp downgraded shares of Genius Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 6th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $11.83.

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.