Brokers Offer Predictions for Genius Sports Q4 Earnings

Genius Sports Limited (NYSE:GENI) – Equities research analysts at Northland Securities dropped their Q4 2026 earnings per share estimates for shares of Genius Sports in a research report issued on Thursday, March 5th. Northland Securities analyst G. Gibas now anticipates that the company will post earnings per share of $0.04 for the quarter, down from their prior forecast of $0.05. The consensus estimate for Genius Sports’ current full-year earnings is ($0.10) per share.

Several other equities research analysts also recently commented on GENI. Wells Fargo & Company reduced their target price on shares of Genius Sports from $10.00 to $9.00 and set an “overweight” rating on the stock in a research note on Thursday, March 5th. Zacks Research upgraded shares of Genius Sports from a “strong sell” rating to a “hold” rating in a research report on Thursday, December 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Genius Sports in a report on Monday, December 29th. Guggenheim reduced their price target on shares of Genius Sports from $17.00 to $12.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Finally, Citigroup dropped their price objective on shares of Genius Sports from $13.00 to $11.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $12.84.

Genius Sports Price Performance

Shares of NYSE:GENI opened at $5.16 on Monday. The business’s fifty day moving average price is $8.02 and its two-hundred day moving average price is $10.24. Genius Sports has a fifty-two week low of $5.11 and a fifty-two week high of $13.73. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of -11.99 and a beta of 1.91.

Genius Sports (NYSE:GENI) last released its earnings results on Wednesday, March 4th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.10). The firm had revenue of $240.50 million for the quarter, compared to analyst estimates of $234.94 million. Genius Sports had a negative return on equity of 13.66% and a negative net margin of 16.67%.The firm’s quarterly revenue was up 37.0% compared to the same quarter last year. During the same period last year, the business earned ($0.12) earnings per share.

Hedge Funds Weigh In On Genius Sports

Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada boosted its stake in Genius Sports by 17.6% in the 1st quarter. Royal Bank of Canada now owns 44,339 shares of the company’s stock worth $444,000 after purchasing an additional 6,623 shares during the period. Envestnet Asset Management Inc. increased its position in Genius Sports by 40.8% during the second quarter. Envestnet Asset Management Inc. now owns 68,875 shares of the company’s stock worth $716,000 after buying an additional 19,971 shares during the last quarter. Amalgamated Bank bought a new stake in Genius Sports in the 2nd quarter valued at $79,000. Bank of New York Mellon Corp raised its position in shares of Genius Sports by 15.7% in the second quarter. Bank of New York Mellon Corp now owns 2,929,219 shares of the company’s stock valued at $30,464,000 after purchasing an additional 397,527 shares during the period. Finally, Rathbones Group PLC bought a new position in Genius Sports in the 2nd quarter valued at about $122,000. Institutional investors and hedge funds own 81.91% of the company’s stock.

About Genius Sports

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.