Genius Sports price target lowered to $7 from $10 at Stifel

Stifel analyst Jeffrey Stantial lowered the firm’s price target on Genius Sports (GENI) to $7 from $10 and keeps a Hold rating on the shares. While the firm says its checks conducted over the past two weeks with competitors and customers leave it coming away “incrementally constructive” and argues this creates favorable long-term risk-reward despite difficult to disprove fears of AI impact to Legend user engagement, it adds that “timing keeps us cautious for now.”