Oppenheimer raised the firm’s price target on Genius Sports (GENI) to $12 from $10 and keeps an Outperform rating on the shares. The firm cites increasing 2025 EBITDA 4% to $110M on higher Betting Services assumptions after completing its operator renewal cycle, which implies a pricing uplift and greater FANHub adoption. Oppenheimer is most encouraged by Q4 revenue remaining unchanged from unfavorable October NFL results, suggesting live betting provided a larger mix of higher fee revenue.
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