10 Best Multibagger Penny Stocks to Invest In

8. Genius Sports Limited (NYSE:GENI)

Share Price: $4.54

Stock Upside Potential: 154.45%

Number of Hedge Fund Holders: 41

Genius Sports Ltd. (NYSE:GENI)is one of the best multibagger penny stocks to invest in. On March 27, Benchmark reiterated a Buy rating on Genius Sports Ltd. (NYSE:GENI) and a $10 price target. The positive stance comes on the heels of the company’s announcement of a major expansion of its Moment Engine platform.

The company has successfully integrated the solution across partners to collectively represent 90% of the advertising ecosystem. With the integration, the company has asserted its position as a reliable layer for sports advertising while connecting live sports data across the digital media ecosystem.

Genius Sports has tailored Moment Engine to act on fan attention and automatically trigger campaigns when live action is most compelling. It has already been deployed during key sporting events, including the Super Bowl, where brands successfully triggered campaigns in real time.

Some of the key adopters include Publicis, Magnite, OpenX, PubMatic, FreeWheel, and DIRECTV. According to Benchmark, Genius Sports is well-positioned to capitalize on this, given that its current integrations account for 90% of the digital advertising ecosystem.

Genius Sports Limited (NYSE:GENI) is a global leader in sports data, technology, and broadcasting, acting as the official partner to over 700 sports organizations, including the NFL, EPL, and NBA. It captures real-time statistics, power sportsbooks’ live betting, delivers AI-driven video analytics, and provides fan engagement tools to leagues and media companies.