Genius Sports stock hits 52-week high at 13.27 USD

Published 03/09/2025, 14:38
Genius Sports stock hits 52-week high at 13.27 USD

Genius Sports stock reached a new 52-week high, climbing to 13.27 USD, marking a significant milestone for the $3.09 billion market cap company. According to InvestingPro data, analyst price targets range from $11 to $16, suggesting potential further upside. Over the past year, the stock has experienced a remarkable increase, with a 1-year change of 74.31%. This surge reflects growing investor confidence, supported by strong fundamentals including a healthy current ratio of 2.36 and impressive revenue growth of 25.76%. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with 13 additional ProTips available for subscribers. The latest high underscores the positive momentum Genius Sports has gained in the market, driven by its strategic initiatives and expanding presence in the sports data and technology sector. Analysts forecast 26% revenue growth for the current year, highlighting the company’s strong growth trajectory.

In other recent news, Genius Sports reported its second-quarter 2025 financial results, with revenue reaching $120 million, marking a 23% increase year-over-year and surpassing the consensus estimate of $118 million. The company’s adjusted EBITDA grew significantly by 81% to $36 million, exceeding the $34 million consensus, with margins expanding to 30%. Following these results, Guggenheim raised its price target for Genius Sports to $16, maintaining a Buy rating, while Benchmark increased its target to $14, also with a Buy rating. Truist Securities initiated coverage on Genius Sports with a Buy rating and set a price target of $14, based on future EBITDA estimates.

In addition to financial developments, Genius Sports announced a strategic partnership with PMG to enhance sports advertising technologies through its FANHub platform. This partnership will provide PMG’s clients, including brands like Nike and TurboTax, access to innovative sports advertising technologies. Furthermore, Genius Sports has scheduled an Investor Day for December 3, 2025, in New York City, where the senior leadership team will present business strategies and financial outlooks. These developments reflect the company’s ongoing efforts to expand its market presence and technological capabilities.

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