15 Best Stocks Under $25 to Buy Now

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6. Genius Sports Limited (NYSE:GENI)

Share Price as of December 29: $10.98

Number of Hedge Fund Holders: 40

Genius Sports Limited (NYSE:GENI) ranks among the best stocks under $25 to buy now. On December 16, Citizens analyst firm maintained its Market Outperform rating for Genius Sports Limited (NYSE:GENI), with a $17 price target. The update comes amid legal worries in Arizona, where the state has banned prediction market offerings.

Citizens thinks Arizona’s measures against prediction markets might have a bearing on companies such as Fanatics, which has a gaming license as well as a high single-digit market share in Arizona, and PrizePicks, which runs on a fantasy license.

The firm notes that Genius Sports Limited (NYSE:GENI) provides data to traders who offer liquidity to firms getting cease-and-desist letters in Arizona, including Kalshi and Crypto.com, though it believes formal legal action against Genius Sports Limited (NYSE:GENI) is unlikely.

Moreover, on December 3, the company held its second Investor Day, during which it delivered a positive three-year outlook for revenue, adjusted EBITDA, and free cash flow, exceeding consensus estimates. Following this event, Guggenheim raised Genius Sports Limited (NYSE:GENI)’s’ price target to $17 while maintaining a Buy rating, while BTIG reiterated its $16 price target, citing advertising potential.

Genius Sports Limited (NYSE:GENI) develops and sells technology-led products and services to the sports, sports betting, and sports media industries.

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