Genius Sports (GENI) Soars 4.21% on Analyst Optimism

Genius Sports (GENI) shares surged 4.21% today, marking the second consecutive day of gains, with a total increase of 8.58% over the past two days. The stock price reached its highest level since May 2025, with an intraday gain of 5.27%.

Analysts have shown a positive outlook on Genius Sports. Pierre-Marie d'Ornano from Arete initiated coverage with a Buy recommendation and set a target price of $15, suggesting a potential upside of 43.95% from the current price. This positive sentiment from analysts could be a driving force behind the recent stock price movement.

Institutional investors have also demonstrated confidence in Genius Sports. Calamos Advisors LLC increased its stake in the company by 19.5% in the first quarter, indicating a strong belief in the company's future prospects. This increased institutional investment could further bolster investor optimism and contribute to the stock's upward trajectory.

The strong analyst consensus on Genius Sports is another factor influencing the stock price. Out of 10 analysts, 70% are recommending GENI as a Strong Buy, and 30% are recommending it as a Buy. This consensus reflects a high level of confidence in the company's potential for growth and could drive further investor interest and stock price movement.