Cracking The Code: Understanding Analyst Reviews For Genius Sports
Portfolio Pulse from Benzinga Insights
Genius Sports (NYSE:GENI) has been evaluated by 7 analysts over the last three months, showing a shift towards a more cautious stance with a decrease in the average price target by 10% to $9.00. Despite this, the company has shown a revenue growth of 20.73% as of December 31, 2023, but struggles with profitability and efficiency, as indicated by its net margin of -30.24%, ROE of -6.68%, and ROA of -4.97%. The company's financial structure remains sound with a low debt-to-equity ratio of 0.03.
April 04, 2024 | 5:00 pm
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NEUTRAL IMPACT
Genius Sports has seen a cautious shift from analysts with a 10% decrease in the average price target to $9.00, amidst a strong revenue growth of 20.73% but poor profitability and efficiency metrics.
The decrease in the average price target by analysts suggests a cautious outlook on GENI's stock in the short term, despite the company's strong revenue growth. The concerns over profitability and efficiency metrics, such as net margin, ROE, and ROA, may dampen investor enthusiasm, leading to a neutral impact on the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100