Genius Sports Limited (NYSE:GENI) price on Thursday, March 20, rose 4.15% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $10.05.
A look at the stock’s price movement, the close in the last trading session was $9.65, moving within a range at $9.54 and $10.17. The beta value (5-Year monthly) was 2.148. Turning to its 52-week performance, $10.33 and $4.91 were the 52-week high and 52-week low respectively. Overall, GENI moved 4.15% over the past month.
Genius Sports Limited’s market cap currently stands at around $2.60 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-03.
Analysts have a consensus estimate of 143.3M for the company’s revenue for the quarter, with a low and high estimate of 142.42M and 145.1M respectively. The average forecast suggests up to a 19.70% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 620.19M, representing a 21.39% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GENI is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
5 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 5 recommend GENI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GENI’s current price about 9.54% and 10.24% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 60.89, while 7-day volatility ratio is 5.41% and 6.09% in the 30-day chart. Further, Genius Sports Limited (GENI) has a beta value of 2.04, and an average true range (ATR) of 0.52. Analysts have given the company’s stock an average 52-week price target of $14, forecast between a low of $13 and high of $15. Looking at the price targets, the low is -29.35% off current price level while to achieve the yearly target high, price needs to move -49.25%. Nonetheless, investors will most likely welcome a -39.3% jump to $14 which is the analysts’ median price.
If we refocus on Genius Sports Limited (NYSE:GENI), historical trading data shows that trading volumes averaged 4.62 over the past 10 days and 2.76 million over the past 3 months. The company’s latest data on shares outstanding shows there are 239.82 million shares.
The 9.90% of Genius Sports Limited’s shares are in the hands of company insiders while institutional holders own 76.61% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 30.92 million on 2025-02-28, giving us a short ratio of 15.48. The data shows that as of 2025-02-28 short interest in Genius Sports Limited (GENI) stood at 1791.9999999999998 of shares outstanding, with shares short rising to 29.68 million registered in 2025-01-31. Current price change has pushed the stock 16.18% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GENI stock continues to rise going into the next quarter.
