- Genius Sports inks a decade-long deal with the NCAA, becoming the exclusive data distributor for prestigious tournaments.
- Analysts project a potential 14.58% upside in Genius Sports (GENI, Financial) stock, with a high target of $14.00.
- Despite an "Outperform" rating, GuruFocus identifies potential overvaluation with a projected downside of 13.83%.
Genius Sports Ltd. (GENI) is stepping into a pivotal role in sports data distribution, having secured an exclusive agreement with the NCAA. This strategic partnership positions Genius Sports as the sole distributor of official data to licensed sportsbooks for NCAA post-season tournaments, including the ever-popular March Madness, until 2032. This collaboration is set to significantly improve data accuracy and integrity, which are crucial for promoting responsible betting practices in the sports industry.
Wall Street Analysts Forecast for GENI
According to insights from 15 analysts, Genius Sports Ltd. (GENI) has an average price target of $12.10. This projection spans a high estimate of $14.00 and a low of $11.00, pointing to a substantial upside of 14.58% from its recent trading price of $10.56. For more granular details on these projections, visit the Genius Sports Ltd (GENI, Financial) Forecast page.
Investor sentiment remains positive, with 15 brokerage firms rating GENI an average of 1.8, which corresponds to an "Outperform" status. This rating is part of a scale where 1 indicates a Strong Buy and 5 suggests a Sell.
Understanding GENI's GF Value
The latest GF Value assessment from GuruFocus presents a slightly more cautious perspective, estimating a one-year target of $9.10. This estimate suggests a potential downside of 13.83% from the current trading price of $10.56. The GF Value provides an insightful gauge of fair stock valuation, incorporating historical trading multiples alongside projections of business growth and performance. For further insights and detailed analysis, explore the Genius Sports Ltd (GENI, Financial) Summary page.
