How to Buy Genius Sports Stock
Genius Sports Ltd
dMY Technology Group, Inc. II intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Genius Sports stock last closed at $5.11, up 0% from the previous day, and has increased 18.01% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.07 percentage points. Genius Sports stock is currently +43.94% from its 52-week low of $3.55, and -39.53% from its 52-week high of $8.45.
There are currently 232.36M GENI shares outstanding. The market value of GENI is $1.19B. In the past 24 hours, 1.33M GENI shares were traded.
How to Buy Genius Sports Stock
Not sure how to invest in Genius Sports stock? Here's how.
- Figure out where to buy Genius Sports stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Genius Sports stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Select your method of payment and add your information.
- Evaluate Genius Sports stock: The Genius Sports ticker symbol is GENI. Is Genius Sports stock a good investment? Should you buy shares of GENI? How do GENI's underlying business fundamentals look? Do top analysts think Genius Sports is a good buy? Why has GENI's stock price moved recently? (Hint: Our stock market research website can help you figure out if GENI is a good stock to buy).
- Place your GENI buy order: Decide if you will purchase GENI shares at the current market price or use a limit order to purchase GENI stock at a given price.
- Get key alerts regarding your investment in GENI: Create a watchlist to important notifications about your position in Genius Sports stock.
Step 1: Figure out where to buy Genius Sports stock
You need a brokerage account in order to access the NYSE market and buy GENI stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal details so you are able to buy GENI stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new trading account.
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Step 3: Deposit money your investment account
Now that you've finished signing up on the stocks app, you need to deposit funds:
Check out the walkthrough below for more details depositing money into your investment account.
Step 4: Evaluate Genius Sports stock
After you have decided on the best place to buy Genius Sports stock, it's important to evaluate their stock before you invest, so you truly comprehend the risk and upside.
Genius Sports stock at a glance
GENI Fundamentals
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on GENI's stock page.
What is the fair value of GENI stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GENI's fair value.
Using relative valuations methods:
- GENI may be undervalued based on its P/B ratio of 2.07x, relative to Internet Content & Information industry P/B ratio of 6.34x
You can do more valuation analysis on GENI's stock here.
GENI Financials at a glance
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the GENI balance sheet.
- GENI profit margin has gone up from -53.3% to -20.7% in the past year.
- GENI has a low debt to equity ratio of 0.35.
- Total GENI debt is lower than 5 years ago, relative to shareholder equity.
- GENI has cash burn of 32833000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the GENI balance sheet.
Failed Health Checks:
- GENI has $100.33M in cash and short term investments. This is not sufficient to cover its annual cash burn of $32.83M.
Is Genius Sports stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 8 sell side analysts who give recommendations on GENI, the consensus analyst rating on GENI is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent GENI Analyst Upgrades/Downgrades
Bernie McTernan, a bottom 1% analyst from Needham reiterates GENI with a buy rating and maintains their GENI price target from $9.00 to $9.00, on Mar 7, 2024.
Brett Knoblauch, a bottom 3% analyst from Cantor Fitzgerald reiterates GENI with a strong buy rating and maintains their GENI price target from $8.00 to $8.00, on Feb 26, 2024.
Ryan Sigdahl, a top 14% analyst from Craig-Hallum maintains GENI with a buy rating and lowers their GENI price target from $15.00 to $12.00, on Nov 14, 2023.
You can dig deeper into what analysts are forecasting on the Genius Sports stock forecast page.
Metrics for Advanced GENI Traders
How is GENI performing as a company?
Last year, GENI revenue was $412.98M. During the last four year, GENI's revenue has gone up by 37.77% per year. This was faster than the Internet Content & Information industry average of 19.64%.
Dive into GENI's earnings and revenue performance here.
Are GENI insiders buying or selling the stock?
In the past 12 months, insiders at GENI have not bought or sold any shares.
Research more about who owns GENI shares here.
Can I get consistent income from GENI stock?
No, Genius Sports doesn't provide an income stream by paying out dividends.
What others are saying about GENI
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your GENI buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, use a limit order.
Hit the Open button and your broker will execute your order.
If you need more assistance investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your investment in GENI
Now that you own some GENI stock, you'll want to keep up with your new company.
Create a watchlist to keep tabs on your GENI stock.
GENI Feed
How to Buy Stock in Genius Sports
To reiterate, here are the 6 steps you need to take to buy Genius Sports stock right now:
- Figure out where to buy Genius Sports stock
- Sign up for a brokerage account
- Deposit money your investment account
- Evaluate Genius Sports stock
- Place your GENI buy order
- Get key alerts regarding your investment in GENI
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Genius Sports, create a watchlist on WallStreetZen today.
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