Genius Sports (NYSE:GENI) Stock Rating Lowered by Zacks Research

Genius Sports (NYSE:GENI) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Wednesday, Zacks reports.

GENI has been the topic of a number of other reports. Stifel Nicolaus reduced their price target on shares of Genius Sports from $8.50 to $7.00 and set a “hold” rating on the stock in a research report on Monday, October 26th. The Goldman Sachs Group reissued a “buy” rating and issued a $9.00 price objective on shares of Genius Sports in a research report on Friday. Weiss Ratings reissued a “sell (d-)” rating on shares of Genius Sports in a research report on Friday, October 30th. Needham & Company LLC raised their target price on shares of Genius Sports from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, Citigroup restated a “market outperform” rating on shares of Genius Sports in a report on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Genius Sports has an average rating of “Moderate Buy” and an average target price of $10.82.

Genius Sports Stock Performance

NYSE GENI opened at $5.91 on Wednesday. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.97 and a quick ratio of 0.97. Genius Sports has a 1-year low of $3.83 and a 1-year high of $11.57. The firm has a market capitalization of $1.46 billion, a P/E ratio of -8.69 and a beta of 1.95. The business’s 50-day simple moving average is $6.56 and its 200-day simple moving average is $6.23.

Genius Sports (NYSE:GENI) last posted its earnings results on Thursday, November 5th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.07). The business had revenue of $269.86 million for the quarter, compared to analyst estimates of $261.13 million. Genius Sports had a negative return on equity of 23.83% and a negative net margin of 22.99%. The firm’s revenue for the quarter was up 62.3% compared to the same quarter last year. During the same period last year, the company posted ($0.11) EPS. Equities analysts predict that Genius Sports will post -0.35 EPS for the current year.

Insider Activity

In other news, insider Thomas Russell sold 50,000 shares of the stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $6.51, for a total value of $325,500.00. Following the completion of the sale, the insider owned 471,467 shares in the company, valued at approximately $3,069,250.17. This trade represents a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Mark Locke sold 50,000 shares of the stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $6.54, for a total value of $327,000.00. Following the completion of the sale, the chief executive officer owned 19,375,216 shares of the company’s stock, valued at approximately $126,713,912.64. This trade represents a 0.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 850,000 shares of company stock valued at $5,582,049 in the last ninety days. Company insiders own 16.60% of the company’s stock.

Hedge Funds Weigh In On Genius Sports

Institutional investors and hedge funds have recently bought and sold shares of the stock. Senvest Management LLC raised its stake in shares of Genius Sports by 45.1% during the first quarter. Senvest Management LLC now owns 13,653,724 shares of the company’s stock valued at $60,486,000 after purchasing an additional 4,243,157 shares during the period. Amova Asset Management Americas Inc. lifted its position in shares of Genius Sports by 65.7% during the first quarter. Amova Asset Management Americas Inc. now owns 3,909,945 shares of the company’s stock worth $17,321,000 after purchasing an additional 1,549,816 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Genius Sports by 65.7% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,909,945 shares of the company’s stock worth $17,321,000 after purchasing an additional 1,549,816 shares in the last quarter. IFC Advisors LLC boosted its stake in shares of Genius Sports by 23.2% in the first quarter. IFC Advisors LLC now owns 3,583,833 shares of the company’s stock valued at $15,876,000 after purchasing an additional 676,034 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of Genius Sports by 10.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 3,557,178 shares of the company’s stock valued at $16,150,000 after purchasing an additional 339,792 shares during the period. Hedge funds and other institutional investors own 81.91% of the company’s stock.

More Genius Sports News

Here are the key news stories impacting Genius Sports this week:

• Positive Sentiment: Q3 revenue rose 62.3% year over year to $269.86 million, beating the $261.13 million consensus estimate. The company also said it delivered $54 million in free cash flow, 61% free-cash-flow conversion, and a 32% group adjusted EBITDA margin. Read More.
• Positive Sentiment: Genius Sports raised its FY2026 outlook to $1.015 billion–$1.035 billion in revenue and $287 million–$297 million in adjusted EBITDA, citing its focus on free cash flow. Read More.
• Negative Sentiment: Q3 adjusted earnings per share were a loss of $0.06, missing the consensus estimate of $0.01 per share. Reports also flagged higher debt, which could temper the positive revenue and cash-flow news. Read More.
• Negative Sentiment: BTIG cut its price target from $10 to $8, though it maintained a Buy rating. The lower target may add to investor caution. Read More.

Genius Sports Company Profile

Genius Sports Limited (NYSE: GENI) is a sports technology and data company that provides official sports data, technology, and digital media solutions. Its platform helps sports organizations collect, manage, and distribute live game data while supporting fan engagement and commercial activities.

The company supplies real-time data and related products to sportsbooks, media companies, sports leagues, teams, and brands. Its services include live statistics, betting data and trading solutions, streaming and video content, digital marketing, sponsorship activation, and tools designed to connect sports audiences with content and advertising.

Genius Sports serves customers across international sports markets, including North America, Europe, and other regions.