Roth Capital Forecasts Increased Earnings for Genius Sports

Key Points

• Roth Capital has increased its FY2026 earnings per share (EPS) estimate for Genius Sports from $0.05 to $0.07, maintaining a "Strong-Buy" rating on the stock.
• Analyst upgrades resulted in target price increases, with firms like JMP Securities raising it from $13.00 to $15.00 and UBS Group from $11.00 to $13.00, reflecting optimism about the company's future performance.
• Genius Sports reported a negative EPS of ($0.21) in its last quarterly earnings, missing expectations, but achieved a year-over-year revenue increase of 24.4% to $118.72 million.

Genius Sports Limited (NYSE:GENI - Free Report) - Stock analysts at Roth Capital boosted their FY2026 earnings per share (EPS) estimates for shares of Genius Sports in a note issued to investors on Wednesday, October 22nd. Roth Capital analyst E. Handler now anticipates that the company will post earnings per share of $0.07 for the year, up from their prior estimate of $0.05. Roth Capital has a "Strong-Buy" rating on the stock. The consensus estimate for Genius Sports' current full-year earnings is ($0.10) per share. Roth Capital also issued estimates for Genius Sports' FY2027 earnings at $0.18 EPS and FY2028 earnings at $0.36 EPS.

Several other analysts also recently commented on GENI. JMP Securities raised their target price on Genius Sports from $13.00 to $15.00 and gave the company a "market outperform" rating in a research note on Wednesday, September 3rd. UBS Group raised their target price on Genius Sports from $11.00 to $13.00 and gave the company a "neutral" rating in a research note on Wednesday, September 10th. Citigroup restated an "outperform" rating on shares of Genius Sports in a research note on Wednesday, September 3rd. Arete assumed coverage on Genius Sports in a research note on Wednesday, July 9th. They set a "buy" rating and a $15.00 price target for the company. Finally, B. Riley lifted their price target on Genius Sports from $13.00 to $14.00 and gave the company a "buy" rating in a research note on Thursday, August 7th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $14.22.

Genius Sports Price Performance

Shares of GENI opened at $11.82 on Thursday. The stock has a 50-day moving average of $12.50 and a 200-day moving average of $11.09. The company has a market cap of $2.54 billion, a PE ratio of -38.11 and a beta of 1.85. Genius Sports has a one year low of $6.72 and a one year high of $13.73.

Genius Sports (NYSE:GENI - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.17). Genius Sports had a negative return on equity of 11.48% and a negative net margin of 13.94%.The business had revenue of $118.72 million for the quarter, compared to analyst estimates of $118.28 million. During the same quarter in the previous year, the business posted ($0.09) earnings per share. The business's revenue was up 24.4% on a year-over-year basis.

Hedge Funds Weigh In On Genius Sports

Several hedge funds have recently modified their holdings of GENI. Global Alpha Capital Management Ltd. bought a new position in shares of Genius Sports during the 2nd quarter worth approximately $43,552,000. Invesco Ltd. lifted its position in shares of Genius Sports by 3,584.2% during the 2nd quarter. Invesco Ltd. now owns 3,291,635 shares of the company's stock worth $34,233,000 after buying an additional 3,202,290 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of Genius Sports during the 1st quarter worth approximately $28,280,000. Geode Capital Management LLC bought a new position in shares of Genius Sports during the 2nd quarter worth approximately $27,312,000. Finally, Millennium Management LLC lifted its position in shares of Genius Sports by 1,579.0% during the 1st quarter. Millennium Management LLC now owns 2,766,206 shares of the company's stock worth $27,690,000 after buying an additional 2,601,453 shares in the last quarter. Institutional investors own 81.91% of the company's stock.

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.

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