Genius Sports (NYSE:GENI) Rating Lowered to "Strong Sell" at Wall Street Zen

Key Points

• Wall Street Zen downgraded Genius Sports from “sell” to strong sell, adding to mixed analyst sentiment on the stock. Despite the downgrade, the broader analyst consensus remains Moderate Buy with a price target of $11.78.
• The company’s latest earnings were mixed: quarterly revenue came in at $187.95 million, beating estimates and rising 30.5% year over year, but earnings missed expectations with a $0.21 loss per share.
• GENI fell 8.1% and traded at $4.39, well below its 200-day moving average of $8.00. The stock also sits near the lower end of its 12-month range, reflecting recent pressure despite ongoing institutional ownership and interest.

Genius Sports (NYSE:GENI - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "sell" rating to a "strong sell" rating in a note issued to investors on Sunday.

Several other equities research analysts have also commented on GENI. Weiss Ratings restated a "sell (d-)" rating on shares of Genius Sports in a research report on Friday, March 27th. Guggenheim reduced their price objective on shares of Genius Sports from $17.00 to $12.00 and set a "buy" rating for the company in a research note on Friday, February 6th. UBS Group reissued a "buy" rating on shares of Genius Sports in a report on Wednesday, March 4th. Citigroup lowered their target price on shares of Genius Sports from $9.00 to $8.00 and set a "buy" rating on the stock in a research report on Friday. Finally, B. Riley Financial reaffirmed a "buy" rating on shares of Genius Sports in a report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $11.78.

Genius Sports Trading Down 8.1%

NYSE GENI opened at $4.39 on Friday. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of -7.20 and a beta of 1.80. The business's 50 day moving average is $4.83 and its two-hundred day moving average is $8.00. Genius Sports has a 12-month low of $3.83 and a 12-month high of $13.73.

Genius Sports (NYSE:GENI - Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.12). Genius Sports had a negative net margin of 22.26% and a negative return on equity of 20.15%. The business had revenue of $187.95 million during the quarter, compared to analyst estimates of $170.60 million. During the same period in the prior year, the business earned ($0.03) earnings per share. The firm's quarterly revenue was up 30.5% compared to the same quarter last year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. TimesSquare Capital Management LLC acquired a new stake in Genius Sports in the 4th quarter valued at about $59,851,000. Invesco Ltd. raised its position in Genius Sports by 3,584.2% during the second quarter. Invesco Ltd. now owns 3,291,635 shares of the company's stock worth $34,233,000 after acquiring an additional 3,202,290 shares during the last quarter. Balyasny Asset Management L.P. raised its position in Genius Sports by 785.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 3,289,270 shares of the company's stock worth $36,248,000 after acquiring an additional 2,917,830 shares during the last quarter. Voss Capital LP lifted its holdings in shares of Genius Sports by 35.4% in the fourth quarter. Voss Capital LP now owns 11,100,000 shares of the company's stock valued at $122,322,000 after purchasing an additional 2,900,000 shares in the last quarter. Finally, Westfield Capital Management Co. LP lifted its holdings in shares of Genius Sports by 82.7% in the third quarter. Westfield Capital Management Co. LP now owns 5,850,083 shares of the company's stock valued at $72,424,000 after purchasing an additional 2,647,948 shares in the last quarter. Institutional investors and hedge funds own 81.91% of the company's stock.

More Genius Sports News

Here are the key news stories impacting Genius Sports this week:

• Positive Sentiment: Several analysts still see significant upside in Genius Sports, even after trimming price targets: Citi cut its target to $8, BTIG to $9, and Needham to $10, all while maintaining buy ratings. That suggests analysts still view the recent selloff as overdone relative to the company’s long-term potential.
• Positive Sentiment: Genius Sports raised its outlook and highlighted growth tied to prediction markets, which could become an additional revenue tailwind if that trend continues. Genius Sports Touts Prediction Market Growth, Raises Outlook
• Positive Sentiment: Investor interest is also being supported by bullish coverage framing Genius Sports as a beneficiary of the broader prediction-market boom, reinforcing the stock’s longer-term growth narrative. Kalshi vs. Polymarket? This Small-Cap Sports Data Stock Is the Surefire Winner Either Way.
• Neutral Sentiment: The company reported first-quarter revenue of $187.95 million, above expectations and up 30.5% year over year, but earnings missed estimates at a loss of $0.21 per share versus the expected $0.09 loss. The revenue beat is constructive, but the earnings miss likely kept sentiment mixed. Genius Sports quarterly earnings report

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.

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