Added to YB: 2024-07-26
Pitch date: 2024-07-25
GENI [bullish]
Genius Sports Limited
+18.71%
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 provides technology-led products and services to the sports, sports betting, and sports media industries in the Americas, Europe, and internationally.
Market Cap
$1.9B
Pitch Price
$6.68
Price Target
11.30 (+45%)
Dividend
N/A
EV/EBITDA
-14.54
P/E
-11.57
EV/Sales
2.42
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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