Roth Capital Forecasts Increased Earnings for Genius Sports

Genius Sports Limited (NYSE:GENI) – Analysts at Roth Capital raised their FY2026 EPS estimates for shares of Genius Sports in a research report issued to clients and investors on Wednesday, October 22nd. Roth Capital analyst E. Handler now forecasts that the company will post earnings of $0.07 per share for the year, up from their prior estimate of $0.05. Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for Genius Sports’ current full-year earnings is ($0.10) per share. Roth Capital also issued estimates for Genius Sports’ FY2027 earnings at $0.18 EPS and FY2028 earnings at $0.36 EPS.

A number of other research firms have also recently commented on GENI. Wall Street Zen cut shares of Genius Sports from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Guggenheim set a $16.00 price target on shares of Genius Sports and gave the stock a “buy” rating in a report on Thursday, August 7th. Northland Capmk raised shares of Genius Sports to a “strong-buy” rating in a report on Friday, July 25th. Truist Financial initiated coverage on shares of Genius Sports in a research note on Tuesday, July 1st. They issued a “buy” rating and a $14.00 price objective for the company. Finally, Citigroup reissued an “outperform” rating on shares of Genius Sports in a report on Wednesday, September 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $14.22.

Genius Sports Trading Down 0.5%

NYSE:GENI opened at $11.82 on Thursday. The stock has a market capitalization of $2.54 billion, a PE ratio of -38.11 and a beta of 1.85. The firm’s 50 day moving average is $12.50 and its 200 day moving average is $11.09. Genius Sports has a 12 month low of $6.72 and a 12 month high of $13.73.

Genius Sports (NYSE:GENI) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.17). The company had revenue of $118.72 million during the quarter, compared to the consensus estimate of $118.28 million. Genius Sports had a negative return on equity of 11.48% and a negative net margin of 13.94%.The company’s revenue for the quarter was up 24.4% compared to the same quarter last year. During the same period last year, the firm posted ($0.09) EPS.

Institutional Investors Weigh In On Genius Sports

Hedge funds and other institutional investors have recently bought and sold shares of the business. Kercheville Advisors LLC purchased a new position in shares of Genius Sports during the 3rd quarter valued at $750,000. Allspring Global Investments Holdings LLC grew its position in shares of Genius Sports by 4.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,006,277 shares of the company’s stock valued at $36,316,000 after purchasing an additional 117,591 shares in the last quarter. Calamos Advisors LLC grew its position in shares of Genius Sports by 47.9% during the 3rd quarter. Calamos Advisors LLC now owns 237,939 shares of the company’s stock valued at $2,946,000 after purchasing an additional 77,065 shares in the last quarter. CWM LLC grew its position in shares of Genius Sports by 106.3% during the 3rd quarter. CWM LLC now owns 8,209 shares of the company’s stock valued at $102,000 after purchasing an additional 4,229 shares in the last quarter. Finally, Pacer Advisors Inc. grew its position in shares of Genius Sports by 88.3% during the 3rd quarter. Pacer Advisors Inc. now owns 11,050 shares of the company’s stock valued at $137,000 after purchasing an additional 5,182 shares in the last quarter. Institutional investors own 81.91% of the company’s stock.

Genius Sports Company Profile

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.