Throughout the last three months, 7 analysts have evaluated Genius Sports GENI, offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 3 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 3 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Genius Sports, revealing an average target of $9.0, a high estimate of $10.00, and a low estimate of $8.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 10.0%.
Interpreting Analyst Ratings: A Closer Look
The standing of Genius Sports among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jed Kelly | Oppenheimer | Maintains | Outperform | $10.00 | $10.00 |
| Jordan Bender | JMP Securities | Maintains | Market Outperform | $8.00 | - |
| Mike Hickey | Benchmark | Maintains | Buy | $10.00 | - |
| Bernie McTernan | Needham | Maintains | Buy | $9.00 | - |
| Bernie McTernan | Needham | Maintains | Buy | $9.00 | - |
| Brett Knoblauch | Cantor Fitzgerald | Maintains | Overweight | $8.00 | - |
| Bernie McTernan | Needham | Maintains | Buy | $9.00 | - |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Genius Sports. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Genius Sports compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Genius Sports's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Genius Sports's market position. Stay informed and make well-informed decisions with our Ratings Table.
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Get to Know Genius Sports Better
Genius Sports Ltd is a B2B provider of scalable, technology-led products and services to the sports, sports betting, and sports media industries. Its services are organized into three key product areas including Sports Technology and Services; Betting Technology, Content and Services; and Media Technology, Content and Services. All of its products are powered by proprietary technology and robust data infrastructure. It generates maximum revenue from the Betting Technology, Content and Services division. Geographically, the company derives a majority of its revenue from Europe.
A Deep Dive into Genius Sports's Financials
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Over the 3 months period, Genius Sports showcased positive performance, achieving a revenue growth rate of 20.73% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: Genius Sports's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -30.24%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Genius Sports's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -6.68%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Genius Sports's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -4.97%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Genius Sports's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.03.
The Core of Analyst Ratings: What Every Investor Should Know
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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