In a report released today, Jordan Bender from JMP Securities reiterated a Buy rating on Genius Sports Limited (GENI – Research Report), with a price target of $9.00. The company’s shares closed yesterday at $5.38.
According to TipRanks, Bender is a 4-star analyst with an average return of 7.6% and a 51.67% success rate. Bender covers the Consumer Cyclical sector, focusing on stocks such as Churchill Downs, DraftKings, and Penn National Gaming.
Genius Sports Limited has an analyst consensus of Strong Buy, with a price target consensus of $7.73, implying a 43.68% upside from current levels. In a report released yesterday, Lake Street also assigned a Buy rating to the stock with a $8.50 price target.
The company has a one-year high of $8.45 and a one-year low of $4.34. Currently, Genius Sports Limited has an average volume of 2.27M.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GENI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Genius Sports Limited (GENI) Company Description:
dMY Technology Group Inc II is a blank check company.
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