Genius Sports Limited (NYSE:GENI) is highly regarded as one of the best communication services stocks by Hedge Funds. Benchmark & Co analyst Mike Hickey reaffirmed a Buy rating on the stock with a price target of $16, indicating a 54% upside potential. The company is expected to reach $1.2 billion in revenues by 2028 with strong EBITDA margins and free cash flow conversion ratios. Citizens revised Genius Sports’ target price from $15 to $17, projecting strong cash flow conversion ratios and free cash flows. Genius Sports Limited is a sports data, analytics, and technology company that provides solutions for fans, sports leagues, media companies, and bookmakers in the betting market. While the stock shows potential, some AI stocks may offer greater upside potential with less downside risk.

Read more at Yahoo Finance: How Genius Sports (GENI) is Capitalizing on Media Monetization & Operating Leverage