Added to YB: 2024-07-26
Pitch date: 2024-07-25
GENI [bullish]
Genius Sports Limited
+64.07%
current return
Author Info
Directionally Correct Research shares is a generalist hedge fund analyst sharing stock pitches in the small to mid cap space. Sign up for the newsletter.
Company Info
Genius Sports Limited engages in the development and sale of technology-led products and services to the sports, sports betting, and sports media industries.
Market Cap
$2.2B
Pitch Price
$6.68
Price Target
11.30 (+3%)
Dividend
N/A
EV/EBITDA
-24.21
P/E
-18.77
EV/Sales
3.30
Sector
Hotels, Restaurants and Leisure
Category
growth
Genius Sports Limited - $GENI
GENI: OSB expansion & in-game betting shift benefit. Exclusive NFL/EPL rights, fixed costs = high leverage. 40%+ incremental margins. 20% 3yr IRR to $11.30 PT. Risks: renewals, disintermediation overstated. Upside in ads & niche sports. 18% US GGR CAGR. 70-80% in-game mix potential. Brazil opportunity. High-teens rev growth, 20%+ EBITDA margins.
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