Needham analyst Bernie McTernan has maintained their bullish stance on GENI stock, giving a Buy rating yesterday.
Bernie McTernan has given his Buy rating due to a combination of factors that highlight the promising outlook for Genius Sports Limited. The company’s guidance for 2025 shows an adjusted EBITDA that is 10% ahead of consensus expectations, driven by both improved revenue and better margins. This guidance suggests a 21% year-over-year revenue growth at the midpoint, indicating strong future performance.
Additionally, the results for the fourth quarter were in line with expectations for both revenue and adjusted EBITDA, reinforcing confidence in the company’s financial health and operational efficiency. These factors collectively present a positive growth trajectory for Genius Sports Limited, justifying the Buy rating given by McTernan.
Based on the recent corporate insider activity of 22 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.