Why Is GENIUS SPORTS LTD (GENI) Stock Moving Today?

Genius Sports shares fell 19.69% to $5.63 on Thursday. The primary driver was a third-quarter earnings report that missed on earnings per share despite a revenue beat and a raised full-year outlook.

What Happened

The company reported GAAP EPS of negative $0.06, missing the consensus estimate by $0.06. Revenue for the quarter was $270 million, exceeding expectations by $8.79 million. Management raised full-year 2026 sales guidance from $1.005 billion to $1.025 billion to a new range of $1.015 billion to $1.035 billion. The company also delivered $54 million in free cash flow, representing a 61% conversion rate and a 32% group adjusted EBITDA margin. In related news, FingerMotion announced a binding agreement with Genius Group and BlueFlare for an up to 100 MW high-performance computing campus in Alberta.

What The Data Shows

The stock opened at $7.14, a 1.9% gap up from the prior close of $7.01. It reached a session high of $7.28 at 8:05 AM ET before sliding to a session low of $5.63 at 12:10 PM ET. Volume reached 9.8 million shares, which is 1.6 times the three-month daily average. The stock printed 41 fresh 52-week lows on November 5, 2026. Fundamentals show a market cap of $1.8 billion, with trailing twelve-month EPS at negative $0.68 and revenue up 41.5%. The 52-week range is $3.83 to $11.57. Recent insider activity includes two sales totaling $5.6 million, with the most recent filing on September 18, 2026. CEO Locke Mark and General Counsel Russell Thomas both sold shares in September.

What To Watch

Investors will monitor the company's ability to sustain its raised full-year guidance amid continued revenue growth. The stock's high beta of 1.88 suggests heightened volatility relative to the broader market.