B. Riley Brokers Lift Earnings Estimates for Genius Sports

Genius Sports Limited (NYSE:GENI) – B. Riley raised their Q2 2025 earnings estimates for shares of Genius Sports in a report issued on Wednesday, May 7th. B. Riley analyst J. Nichols now anticipates that the company will earn ($0.01) per share for the quarter, up from their prior forecast of ($0.06). B. Riley has a “Buy” rating on the stock. The consensus estimate for Genius Sports’ current full-year earnings is ($0.10) per share. B. Riley also issued estimates for Genius Sports’ Q3 2025 earnings at ($0.03) EPS and FY2025 earnings at ($0.10) EPS.

Genius Sports (NYSE:GENI) last posted its quarterly earnings data on Tuesday, May 6th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.02. The firm had revenue of $143.99 million during the quarter, compared to analysts’ expectations of $143.31 million. Genius Sports had a negative net margin of 15.84% and a negative return on equity of 14.11%. Genius Sports’s revenue was up 20.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.11) EPS.

Several other analysts have also recently weighed in on the company. BTIG Research boosted their price objective on Genius Sports from $11.00 to $12.00 and gave the stock a “buy” rating in a report on Tuesday, April 22nd. Needham & Company LLC restated a “buy” rating and issued a $13.00 price objective on shares of Genius Sports in a report on Tuesday. The Goldman Sachs Group lifted their target price on shares of Genius Sports from $11.00 to $12.50 and gave the stock a “buy” rating in a report on Wednesday, March 5th. Guggenheim assumed coverage on Genius Sports in a research note on Tuesday, March 18th. They issued a “buy” rating and a $12.00 price target on the stock. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $11.00 price objective on shares of Genius Sports in a research note on Monday, January 27th. One equities research analyst has rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $12.19.

Genius Sports Stock Up 1.5 %

Shares of GENI opened at $10.37 on Friday. The stock’s fifty day simple moving average is $10.01 and its 200-day simple moving average is $9.23. The firm has a market capitalization of $2.23 billion, a PE ratio of -32.41 and a beta of 1.96. Genius Sports has a 12-month low of $5.03 and a 12-month high of $11.40.

Institutional Investors Weigh In On Genius Sports

Hedge funds have recently modified their holdings of the business. Pacer Advisors Inc. increased its stake in Genius Sports by 61.5% during the 1st quarter. Pacer Advisors Inc. now owns 3,754 shares of the company’s stock worth $38,000 after purchasing an additional 1,430 shares in the last quarter. Emerald Mutual Fund Advisers Trust bought a new stake in shares of Genius Sports during the fourth quarter worth $58,000. IPG Investment Advisors LLC acquired a new stake in shares of Genius Sports during the first quarter worth $107,000. Park National Corp OH acquired a new stake in shares of Genius Sports during the first quarter worth $107,000. Finally, Steward Partners Investment Advisory LLC lifted its position in Genius Sports by 39.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 12,182 shares of the company’s stock valued at $105,000 after acquiring an additional 3,429 shares in the last quarter. Institutional investors and hedge funds own 81.91% of the company’s stock.

Genius Sports announced that its board has initiated a stock buyback plan on Tuesday, May 6th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to reacquire up to 4.4% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

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.