Citi Maintains Buy Rating for Genius Sports with PT Raised to $16.

Citi Maintains Buy Rating for Genius Sports with PT Raised to $16.

Genius Sports Ltd (GENI) has seen its stock price surge in recent quarters, driven by strong financial performance and strategic partnerships. On July 2, 2025, Citi analysts maintained a Buy rating for the company, raising their price target to $16. This move reflects the analysts' confidence in Genius Sports' ability to generate significant revenue growth and improve profitability.

Genius Sports reported its second-quarter results for the period ended June 30, 2025, showing a quarterly adjusted loss of 21 cents per share, an improvement over the same period last year when the company reported an EPS of -9 cents [3]. Despite the loss, the company's revenue rose by 24.4% to $118.72 million, surpassing the expected $118.48 million [3]. The company's adjusted EBITDA increased by 64% in Q2, reaching $34.2 million [3].

The analysts at Citi highlighted Genius Sports' strong revenue performance and strategic partnerships as key drivers for their positive outlook. Notably, the company recently extended its partnership with the NFL through the 2030 Super Bowl, securing data rights and exclusive advertising inventory [1, 2]. Additionally, Genius Sports announced a multi-year partnership with PMG to enhance sports advertising technologies via its FANHub platform [1, 2].

Genius Sports' stock has been on an upward trajectory, hitting a 52-week high at $12.45 and nearly doubling from its 52-week low of $6.37 [2]. The company's market capitalization stands at $2.94 billion, reflecting strong investor confidence in its future prospects.

Citi's Jason Bazinet, who maintains a 5-star rating and a 63.15% success rate, cited the company's strong revenue performance and a GAAP net loss of $8.2 million in Q1 as reasons for his Buy rating and $16.00 price target [4]. Corporate insider sentiment, however, remains negative, with an increase in insiders selling their shares [4].

Overall, Genius Sports' strategic partnerships and strong revenue growth have positioned the company favorably in the sports technology sector. The Citi analysts' Buy rating and raised price target reflect this optimism and signal potential for further growth in the coming quarters.

References:
[1] https://www.legalsportsreport.com/238837/genius-raises-outlook-as-sports-betting-tech-drives-record-profit/
[2] https://www.investing.com/news/company-news/genius-sports-stock-hits-52week-high-at-1245-usd-93CH-4183139
[3] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3TY1NT:0-genius-sports-ltd-reports-results-for-the-quarter-ended-june-30-earnings-summary/
[4] https://www.ainvest.com/news/citi-analyst-buy-rating-genius-sports-limited-16-price-target-2508/