Analyst Ratings For Genius Sports
Portfolio Pulse from Benzinga Insights
Genius Sports (NYSE:GENI) received varied analyst ratings in the last quarter, with 4 bullish ratings. Over the past 30 days, there has been a shift in sentiment with a decrease in the average price target by 20%, now averaging $10.00 with a high of $12.00 and a low of $9.00. Analysts from Needham and Craig-Hallum have maintained or lowered their price targets. Genius Sports, a B2B provider for the sports and betting industries, has seen a 29.34% revenue growth but struggles with profitability and efficiency, as indicated by below-average net margin, ROE, and ROA.
January 19, 2024 | 1:01 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Genius Sports received all bullish ratings from analysts, but the average price target was reduced by 20%, indicating a negative shift in sentiment. The company's strong revenue growth contrasts with its below-average profitability and efficiency metrics.
The reduction in the average price target suggests that analysts are becoming more cautious about the company's future performance, which could lead to a negative short-term impact on the stock price. However, the strong revenue growth could mitigate some of the negative sentiment. The company's struggle with profitability and efficiency may concern investors, potentially affecting the stock negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100