Genius Sports (NYSE:GENI) Price Target Cut to $9.00 by Analysts at BTIG Research

Genius Sports (NYSE:GENI) had its price target cut by BTIG Research from $10.00 to $9.00 in a report issued on Thursday morning, Marketbeat reports. They currently have a buy rating on the stock.

Other equities research analysts also recently issued reports about the company. Needham & Company LLC lowered their target price on Genius Sports from $14.00 to $10.00 and set a “buy” rating for the company in a report on Friday. Guggenheim dropped their price target on shares of Genius Sports from $17.00 to $12.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Northland Securities set a $12.00 price objective on shares of Genius Sports in a report on Friday, February 6th. Wall Street Zen downgraded Genius Sports from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Finally, Truist Financial lowered their price target on shares of Genius Sports from $13.00 to $10.00 and set a “buy” rating on the stock in a research report on Tuesday, April 21st. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Genius Sports presently has a consensus rating of “Moderate Buy” and an average price target of $12.17.

Genius Sports Price Performance

NYSE GENI traded down $0.18 on Thursday, reaching $4.61. The company had a trading volume of 1,778,891 shares, compared to its average volume of 6,173,021. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of -10.71 and a beta of 1.80. The business has a 50 day moving average of $4.83 and a two-hundred day moving average of $8.00. Genius Sports has a fifty-two week low of $3.83 and a fifty-two week high of $13.73.

Genius Sports (NYSE:GENI) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.12). Genius Sports had a negative return on equity of 13.66% and a negative net margin of 16.67%.The company 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 firm earned ($0.03) earnings per share. Genius Sports’s revenue was up 30.5% compared to the same quarter last year.

Institutional Trading of Genius Sports

Several institutional investors and hedge funds have recently modified their holdings of GENI. Wellington Management Group LLP grew its holdings in shares of Genius Sports by 17.9% during the third quarter. Wellington Management Group LLP now owns 13,513,537 shares of the company’s stock worth $167,298,000 after purchasing an additional 2,051,503 shares in the last quarter. Voss Capital LP raised its stake in 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. Senvest Management LLC lifted its position in Genius Sports by 13.7% during the fourth quarter. Senvest Management LLC now owns 9,410,567 shares of the company’s stock valued at $103,704,000 after purchasing an additional 1,135,577 shares during the last quarter. Stephens Investment Management Group LLC grew its stake in Genius Sports by 35.1% in the 1st quarter. Stephens Investment Management Group LLC now owns 7,598,359 shares of the company’s stock worth $33,661,000 after buying an additional 1,974,043 shares in the last quarter. Finally, Westfield Capital Management Co. LP grew its stake in Genius Sports by 1.7% in the 4th quarter. Westfield Capital Management Co. LP now owns 5,951,203 shares of the company’s stock worth $65,582,000 after buying an additional 101,120 shares in the last quarter. Hedge funds and other institutional investors own 81.91% of the company’s stock.

Key Stories Impacting Genius Sports

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

• Positive Sentiment: Genius highlighted strong growth and raised its outlook driven by the expansion of prediction markets, positioning the company to capture new betting/data demand. Read More.
• Positive Sentiment: Major research firms cut price targets but kept “buy” ratings — BTIG lowered its target to $9 and Needham to $10, both still implying large upside from current levels, which supports longer?term investor conviction. Read More.
• Neutral Sentiment: Bullish commentary from retail/investor outlets argues Genius is the core data layer for leagues and betting markets and could benefit from a wider prediction?market boom — helpful narrative but not new company guidance. Read More.
• Neutral Sentiment: Pre?earnings coverage outlined expectations for the Q1 print; these previews are background context rather than fresh catalysts. Read More.
• Negative Sentiment: Q1 results: revenue $187.95M (beat est.), revenue +30.5% y/y, but EPS was a loss of $0.21 vs. consensus loss of $0.09 — a wider loss that can pressure the stock despite strong top?line growth. Read More.
• Negative Sentiment: Post?earnings uncertainty: management updated FY?2026 guidance but did not provide a clear EPS figure in the release, which increases near?term uncertainty and likely contributed to selling pressure. Read More.

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.