Genius Sports (GENI) Projected to Post Earnings on Tuesday

Genius Sports (NYSE:GENI) is projected to post its quarterly earnings results before the market opens on Tuesday, March 4th. Analysts expect Genius Sports to post earnings of $0.04 per share and revenue of $175.52 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Genius Sports Stock Performance

NYSE GENI opened at $8.71 on Tuesday. The business’s fifty day moving average is $8.99 and its 200 day moving average is $8.35. Genius Sports has a fifty-two week low of $4.91 and a fifty-two week high of $10.33. The company has a market capitalization of $1.87 billion, a PE ratio of -27.20 and a beta of 2.15.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Citigroup lifted their price objective on Genius Sports from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Macquarie lifted their price target on shares of Genius Sports from $10.00 to $12.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. B. Riley increased their price objective on shares of Genius Sports from $10.00 to $12.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. JMP Securities restated a “market outperform” rating and set a $11.00 price objective on shares of Genius Sports in a research report on Monday, January 27th. Finally, Citizens Jmp downgraded shares of Genius Sports from a “strong-buy” rating to a “hold” rating in a report on Monday, January 6th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $11.28.

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.