Lake Street analyst Eric Martinuzzi raised the firm’s price target on Genius Sports (GENI) to $11 from $10.50 and keeps a Buy rating on the shares after the company executed on its 2024 plan and gave “a rosier 2025 view than we expected.” Following the Q4 report, the firm raised its 2025 Betting segment growth rate forecast to 27% from 18%.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GENI:
- Genius Sports Limited: Strong Revenue Growth and Strategic Positioning Drive Buy Rating
- Genius Sports Reports Strong 2024 Growth and Optimistic 2025 Outlook
- Genius Sports’ Earnings Call Highlights Record Growth
- Genius Sports price target raised to $15 from $14 at Craig-Hallum
- Genius Sports Limited: Strong Financial Performance and Strategic Growth Drive Buy Rating