Citigroup Cuts Genius Sports (NYSE:GENI) Price Target to $13.00

Genius Sports (NYSE:GENI) had its price objective decreased by Citigroup from $16.00 to $13.00 in a research report sent to investors on Friday morning,Benzinga reports. Citigroup currently has a buy rating on the stock.

A number of other equities research analysts have also issued reports on GENI. Stifel Nicolaus began coverage on Genius Sports in a research note on Wednesday, January 21st. They issued a “hold” rating and a $10.00 target price for the company. B. Riley Financial reaffirmed a “buy” rating on shares of Genius Sports in a research report on Friday. New Street Research set a $17.00 target price on shares of Genius Sports in a research report on Thursday, December 4th. Benchmark reaffirmed a “buy” rating on shares of Genius Sports in a report on Friday. Finally, Zacks Research upgraded shares of Genius Sports from a “strong sell” rating to a “hold” rating in a report on Thursday, December 4th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.41.

Genius Sports Trading Down 1.5%

Shares of NYSE GENI opened at $6.10 on Friday. The stock has a fifty day moving average price of $10.14 and a 200 day moving average price of $11.17. Genius Sports has a 12-month low of $6.00 and a 12-month high of $13.73. The company has a market cap of $1.31 billion, a P/E ratio of -12.98 and a beta of 1.85.

Institutional Trading of Genius Sports

A number of institutional investors and hedge funds have recently modified their holdings of GENI. TimesSquare Capital Management LLC acquired a new position in shares of Genius Sports in the 4th quarter valued at about $59,851,000. Global Alpha Capital Management Ltd. bought a new position in Genius Sports in the second quarter worth about $43,552,000. Invesco Ltd. boosted its stake in Genius Sports by 3,584.2% in the second quarter. Invesco Ltd. now owns 3,291,635 shares of the company’s stock valued at $34,233,000 after acquiring an additional 3,202,290 shares during the period. Westfield Capital Management Co. LP boosted its stake in Genius Sports by 82.7% in the third quarter. Westfield Capital Management Co. LP now owns 5,850,083 shares of the company’s stock valued at $72,424,000 after acquiring an additional 2,647,948 shares during the period. Finally, Geode Capital Management LLC bought a new position in shares of Genius Sports during the second quarter valued at approximately $27,312,000. 81.91% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Genius Sports

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

• Positive Sentiment: BTIG reaffirmed its Buy rating and $16 price target, and an analyst note argued the Legend deal is strategically accretive and supports the company’s valuation, which is constructive for medium‑term upside. TipRanks: Strategically Accretive Legend Acquisition
• Positive Sentiment: Company guidance and deal rationale: Genius issued FY‑2025 revenue guidance around $669M (above consensus) and its press release says the Legend acquisition should be immediately accretive to Group Adjusted EBITDA margins—an explicit operational rationale for the deal. BusinessWire: Genius Sports Enters into Definitive Agreement to Acquire Legend
• Neutral Sentiment: Citigroup cut its price target from $16 to $13 but kept a Buy rating — the change trims upside expectations but maintains analyst support. Benzinga: Citigroup Lowers PT
• Neutral Sentiment: Guggenheim likewise lowered its price target (from $17 to $12) while retaining a Buy rating, signaling mixed analyst sentiment: strategic approval but more conservative valuation assumptions. Benzinga: Guggenheim Lowers PT
• Neutral Sentiment: Company hosted M&A materials and an investor call (transcript/slideshow available), useful for investors who want detail on integration plans, financing and synergies before taking a position. Seeking Alpha: M&A Call Transcript
• Negative Sentiment: Immediate market reaction: shares plunged on the acquisition announcement amid retail selling and concern about the deal’s size/valuation and potential dilution—multiple outlets reported a sharp intraday drop, indicating short‑term investor wariness. MarketWatch: Genius Sports Shares Fall After $1.2B Legend Acquisition

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.