Genius Sports (GENI) Projected to Post Earnings on Wednesday

Key Points

• Genius Sports is set to release its Q2 2025 earnings report on August 6th, with expected earnings of ($0.05) per share and revenue of $118.28 million.
• Shares of Genius Sports increased by 13.7%, reaching $11.56, with a market capitalization of $2.49 billion and a PE ratio of -61.17.
• The company has initiated a $100 million stock repurchase program, indicating confidence in its stock value amidst a backdrop of increasing institutional investment.

Genius Sports (NYSE:GENI - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Wednesday, August 6th. Analysts expect Genius Sports to post earnings of ($0.05) per share and revenue of $118.28 million for the quarter. Genius Sports has set its FY 2025 guidance at EPS.

Genius Sports (NYSE:GENI - Get Free Report) last issued its earnings results 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. Genius Sports had a negative return on equity of 6.90% and a negative net margin of 8.54%. The firm had revenue of $143.99 million for the quarter, compared to analyst estimates of $143.31 million. During the same period last year, the company earned ($0.11) earnings per share. The firm's revenue for the quarter was up 20.3% on a year-over-year basis. On average, analysts expect Genius Sports to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Genius Sports Stock Performance

Shares of GENI traded down $0.08 during midday trading on Friday, hitting $11.18. 1,472,488 shares of the stock traded hands, compared to its average volume of 4,044,687. The business's 50 day moving average price is $10.16 and its two-hundred day moving average price is $9.82. The firm has a market capitalization of $2.41 billion, a PE ratio of -58.82 and a beta of 1.86. Genius Sports has a 1-year low of $5.76 and a 1-year high of $11.74.

Genius Sports announced that its Board of Directors has authorized 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 purchase up to 4.4% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Genius Sports stock. Royal Bank of Canada grew its stake in shares of Genius Sports Limited (NYSE:GENI - Free Report) by 17.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,339 shares of the company's stock after acquiring an additional 6,623 shares during the period. Royal Bank of Canada's holdings in Genius Sports were worth $444,000 as of its most recent SEC filing. 81.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

GENI has been the subject of a number of analyst reports. Northland Capmk upgraded Genius Sports to a "strong-buy" rating in a research report on Friday, July 25th. B. Riley restated a "buy" rating on shares of Genius Sports in a research note on Wednesday, May 7th. Northland Securities started coverage on shares of Genius Sports in a report on Friday, July 25th. They issued an "outperform" rating and a $14.00 price objective for the company. Benchmark reiterated a "buy" rating and issued a $12.00 target price on shares of Genius Sports in a research report on Thursday, April 17th. Finally, BTIG Research raised their target price on shares of Genius Sports from $11.00 to $12.00 and gave the company a "buy" rating in a research note on Tuesday, April 22nd. One equities research analyst has rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $12.72.

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.