Genius Sports (NYSE:GENI) Trading 6.5% Higher – Still a Buy?

Genius Sports Limited (NYSE:GENI) shares rose 6.5% on Tuesday . The stock traded as high as $4.66 and last traded at $4.6950. Approximately 1,011,346 shares were traded during trading, a decline of 84% from the average daily volume of 6,158,502 shares. The stock had previously closed at $4.41.

Trending Headlines about Genius Sports

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

• Positive Sentiment: Deutsche Bank Aktiengesellschaft initiated coverage on Genius Sports with a buy rating and a $10 price target, implying significant upside from recent trading levels. The Fly report on Deutsche Bank coverage initiation
• Positive Sentiment: Northland Securities raised its full-year 2026 EPS estimate for Genius Sports to ($0.10) from ($0.12), suggesting a slightly better earnings outlook for the year ahead.
• Positive Sentiment: Northland also lifted Q4 2026 EPS expectations to $0.15 from $0.05, indicating expectations for a stronger finish to 2026.
• Neutral Sentiment: At the same time, Northland slightly reduced its Q2 2026 EPS estimate to ($0.08) from ($0.07), a modest near-term downgrade that tempers the bullish longer-term revisions.
• Neutral Sentiment: News that Larry Robbins opened a new position in Genius Sports adds visibility from a respected investor, but the direct stock impact is uncertain. Yahoo Finance article on Larry Robbins position

Analysts Set New Price Targets

GENI has been the subject of several recent analyst reports. B. Riley Financial reaffirmed a “buy” rating on shares of Genius Sports in a research note on Friday. Roth Mkm set a $10.00 price target on Genius Sports in a report on Friday. Truist Financial cut their target price on shares of Genius Sports from $13.00 to $10.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Benchmark reissued a “buy” rating on shares of Genius Sports in a research note on Thursday, March 5th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Genius Sports in a research note on Monday. They issued a “buy” rating and a $10.00 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $11.68.

Genius Sports Trading Up 5.1%

The company has a market capitalization of $1.14 billion, a P/E ratio of -7.57 and a beta of 1.80. The stock’s fifty day moving average is $4.76 and its 200 day moving average is $7.90.

Genius Sports (NYSE:GENI) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.12). The firm had revenue of $187.95 million during the quarter, compared to analysts’ expectations of $170.60 million. Genius Sports had a negative net margin of 22.26% and a negative return on equity of 20.34%. Genius Sports’s revenue was up 30.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.03) EPS.

Hedge Funds Weigh In On Genius Sports

A number of institutional investors and hedge funds have recently made changes to their positions in GENI. TimesSquare Capital Management LLC bought a new position in Genius Sports during the 4th quarter valued at approximately $59,851,000. Invesco Ltd. grew its stake in shares of Genius Sports by 3,584.2% in the second quarter. Invesco Ltd. now owns 3,291,635 shares of the company’s stock worth $34,233,000 after acquiring an additional 3,202,290 shares during the last quarter. Balyasny Asset Management L.P. increased its holdings in shares of Genius Sports by 785.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 3,289,270 shares of the company’s stock valued at $36,248,000 after acquiring an additional 2,917,830 shares in the last quarter. Voss Capital LP increased its holdings in shares of Genius Sports by 35.4% during the fourth quarter. Voss Capital LP now owns 11,100,000 shares of the company’s stock valued at $122,322,000 after acquiring an additional 2,900,000 shares in the last quarter. Finally, Westfield Capital Management Co. LP raised its position in shares of Genius Sports by 82.7% in the 3rd quarter. Westfield Capital Management Co. LP now owns 5,850,083 shares of the company’s stock worth $72,424,000 after purchasing an additional 2,647,948 shares during the last quarter. Institutional investors own 81.91% of the company’s stock.

Genius Sports Company Profile

Genius Sports is a global sports technology company that specializes in collecting, analyzing and distributing real-time sports data and video streams. The firm provides official data feeds, live video streaming solutions and digital engagement tools to sports leagues, federations, broadcasters and betting operators. By integrating data directly from sporting events through its network of field officials and proprietary technology, Genius Sports ensures accuracy and integrity for partners who rely on up-to-the-second information.

The company’s product suite includes a cloud-based platform for data capture and distribution, an integrity services offering designed to identify and mitigate match-fixing risks, and a suite of commercial products that power odds creation, in-game betting markets and fan engagement experiences.