and some analysts soured<\/a> on Genius and rival Sportradar (NASDAQ:SRAD) because of concerns the companies are giving up too much to land deals with various sports leagues. The bull case for sports betting data stocks largely centers around the data scarcity mentioned by analysts, as well as the expansion of regulated sports wagering.<\/p>\n<\/div>\nThe consensus price target on Genius stock is $15.70, or more than triple where the shares currently reside, indicating it’s possible analysts could unveil cuts to their projections.<\/p>\n","protected":false},"excerpt":{"rendered":"
Genius Sports (NYSE:GENI) stock is sliding today after the sports betting data provider’s fourth-quarter loss was wider than expected. In the last three months of 2021, Genius lost 28 cents a share on revenue of $84.01 million. Analysts expected a loss of 22 cents on sales of $80.72 million. The company reiterated previously issued forecasts […]<\/p>\n","protected":false},"author":46,"featured_media":204878,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,16693],"tags":[],"acf":[],"yoast_head":"\n
Genius Sports Stock Falters On Big Fourth-Quarter Loss<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n