Bought GENI calls based on sports data pipeline/NFL deal and JPM overweight ($8 PT), acknowledging risks of debt, losses, and short interest before Nov 3 earnings.
Jump to any passage
But I bought a call for Jenny Gni. They provide the information to the sports markets. I like that contribution there. I like stuff like that when you say like talk about the pipeline.
So, Ge Ni. Okay. Genius sports. See it? That's interesting. 52- week range 383 to 1239. JP Morgan bets on Genie Sports as the market loses patience. Three days ago. What was the news?
JP Morgan initiated coverage with an overweight rating and $8 price target. It supplies data to leagues and sports books including an exclusive NFL deal. NFL deal and recently signed agreements with Koshi and Poly Market.
Despite growth potential, Genius Sports carries significant acquisition debt, remains unprofitable, and faces heavy short interest ahead of its November 3rd or earnings report.
Watchpoints
What this channel has said about $GENI
Benzinga has only this one call on this stock.