Genius Sports (GENI) Expected to Announce Quarterly Earnings on Tuesday

Genius Sports (NYSE:GENI) is expected to announce its earnings results before the market opens on Tuesday, March 4th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $175.52 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Genius Sports Trading Up 3.0 %

Genius Sports stock opened at $8.68 on Friday. The firm’s 50 day simple moving average is $8.96 and its 200 day simple moving average is $8.39. The firm has a market capitalization of $1.87 billion, a PE ratio of -27.11 and a beta of 2.15. Genius Sports has a 1-year low of $4.91 and a 1-year high of $10.33.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on GENI shares. Citizens Jmp lowered shares of Genius Sports from a “strong-buy” rating to a “hold” rating in a report on Monday, January 6th. Citigroup boosted their price target 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 27th. JMP Securities reissued a “market outperform” rating and issued a $11.00 price target on shares of Genius Sports in a research note on Monday, January 27th. B. Riley boosted their price target 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. Finally, Benchmark boosted their price target on shares of Genius Sports from $10.00 to $11.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $11.69.

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.