BTIG has revised its price target for Genius Sports (GENI, Financial), raising it from $11 to $12, while maintaining a Buy rating for the stock. This adjustment comes amidst a dynamic macroeconomic environment where BTIG highlights promising opportunities in the OUS B2C and US B2B segments under its analysis. The firm anticipates potential for the company to exceed their initial estimates, suggesting optimism in Genius Sports' future performance despite current global economic uncertainties.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for Genius Sports Ltd (GENI, Financial) is $12.03 with a high estimate of $14.00 and a low estimate of $11.00. The average target implies an upside of 21.92% from the current price of $9.87. More detailed estimate data can be found on the Genius Sports Ltd (GENI) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, Genius Sports Ltd's (GENI, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Genius Sports Ltd (GENI, Financial) in one year is $9.10, suggesting a downside of 7.8% from the current price of $9.87. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Genius Sports Ltd (GENI) Summary page.
