B Riley Analyst Rates Genius Sports a Buy

B Riley Associates analyst Josh Nichols rated Genius Sports stock a buy on October 29. The company will report its third-quarter results on November 5.

Nichols said he expects the third quarter to kick off a seasonally strong second half. In his view, the earnings-boosting effect of Legend could be verified during this period, and free cash flow could turn upward. This development could pave the way for a revaluation of the stock.