Latest news with #JasonBazinet
Business Insider
2 days ago
- Business
- Business Insider
Citi Remains a Buy on Genius Sports Limited (GENI)
Citi analyst Jason Bazinet maintained a Buy rating on Genius Sports Limited today and set a price target of $16.00. The company's shares closed today at $12.52. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Bazinet is a 5-star analyst with an average return of 16.4% and a 63.15% success rate. Bazinet covers the Communication Services sector, focusing on stocks such as Electronic Arts, Walt Disney, and Netflix. In addition to Citi, Genius Sports Limited also received a Buy from Financial's Josh Nichols in a report issued on August 7. However, on August 6, TR | OpenAI – 4o downgraded Genius Sports Limited (NYSE: GENI) to a Hold. Based on Genius Sports Limited's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $143.99 million and a GAAP net loss of $8.2 million. In comparison, last year the company earned a revenue of $119.72 million and had a GAAP net loss of $25.54 million Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GENI in relation to earlier this year.
Yahoo
28-07-2025
- Business
- Yahoo
YouTube vs Netflix: User-led 'open' platforms rise in popularity
Alphabet-owned (GOOG, GOOGL) YouTube captures the largest shares of US video viewership, even when compared to streaming giants like Netflix (NFLX). Citi managing director Jason Bazinet explains how YouTube's dominance showcased the rise in open platforms compared to closed content ecosystems. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here. When investors are trying to decide where, if anywhere within media, uh, to put their money, you had a really interesting note recently, where you, um, framed it sort of differently than, sort of, streamers versus legacy, or what have you. You framed it as open versus closed, right? Sort of a gatekeeper-led company like a Netflix versus something like YouTube, which is creator-led. And how do you think that's going to play out? And is that indeed the better place for investors to be on those sort of more open systems? Yeah, it's, it's really strange because, you know, the internet has been around for what? 30 years? Smartphones have been around for 15. And suddenly in the last 18 months, we've just seen, no matter what rock we we turn over, just real signal that consumers have a strong preference for open platforms over closed. So it is YouTube versus Netflix, um, is one example. But it's also happening in the video game space. It's happening in the publishing space. I think that's, that's where you want to go. Why is it happening right now? I think there's a couple of vectors. I think AI is allowing the right content to be surfaced in these open platforms, uh, more successfully. That's capturing consumers' attention. Consumers' attention spans, I think, are shortening. And a lot of these short-form, uh, types of content are more, uh, amenable to open platforms relative to a one-hour TV show or a two, two-hour movie. Um, and so, those are two powerful vectors that I, that I just don't see changing. So I think open is preferred over closed. And the, and the real question, you know, frankly, is are we going to see companies change their strategy? That, that's what we haven't yet seen. I mean, we still have legacy media companies in a closed ecosystem battling it out to try and get viewership or ratings points or ad dollars. Um, but there's a whole parallel ecosystem happening where there seems to be a natural tailwind. And yet we haven't seen any traditional media company really lean into these open platforms that don't have a gatekeeper. Related Videos Paramount, Disney, Warner Bros. Discovery: Media earnings preview Why YouTube is the most valuable company in TV today Alphabet Boosted by AI, Cloud Demand Google's Q2 doesn't show 'any sign' of negative ChatGPT impact Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-07-2025
- Business
- Yahoo
YouTube vs Netflix: User-led 'open' platforms rise in popularity
Alphabet-owned (GOOG, GOOGL) YouTube captures the largest shares of US video viewership, even when compared to streaming giants like Netflix (NFLX). Citi managing director Jason Bazinet explains how YouTube's dominance showcased the rise in open platforms compared to closed content ecosystems. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here. When investors are trying to decide where, if anywhere within media, uh, to put their money, you had a really interesting note recently, where you, um, framed it sort of differently than, sort of, streamers versus legacy, or what have you. You framed it as open versus closed, right? Sort of a gatekeeper-led company like a Netflix versus something like YouTube, which is creator-led. And how do you think that's going to play out? And is that indeed the better place for investors to be on those sort of more open systems? Yeah, it's, it's really strange because, you know, the internet has been around for what? 30 years? Smartphones have been around for 15. And suddenly in the last 18 months, we've just seen, no matter what rock we we turn over, just real signal that consumers have a strong preference for open platforms over closed. So it is YouTube versus Netflix, um, is one example. But it's also happening in the video game space. It's happening in the publishing space. I think that's, that's where you want to go. Why is it happening right now? I think there's a couple of vectors. I think AI is allowing the right content to be surfaced in these open platforms, uh, more successfully. That's capturing consumers' attention. Consumers' attention spans, I think, are shortening. And a lot of these short-form, uh, types of content are more, uh, amenable to open platforms relative to a one-hour TV show or a two, two-hour movie. Um, and so, those are two powerful vectors that I, that I just don't see changing. So I think open is preferred over closed. And the, and the real question, you know, frankly, is are we going to see companies change their strategy? That, that's what we haven't yet seen. I mean, we still have legacy media companies in a closed ecosystem battling it out to try and get viewership or ratings points or ad dollars. Um, but there's a whole parallel ecosystem happening where there seems to be a natural tailwind. And yet we haven't seen any traditional media company really lean into these open platforms that don't have a gatekeeper. Related Videos Paramount, Disney, Warner Bros. Discovery: Media earnings preview Why YouTube is the most valuable company in TV today Alphabet Boosted by AI, Cloud Demand Google's Q2 doesn't show 'any sign' of negative ChatGPT impact Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-07-2025
- Business
- Yahoo
Why Netflix might want to 'pivot' to take on YouTube
Netflix (NFLX) stock is sliding despite topping second quarter estimates and raising full-year guidance. Citi managing director Jason Bazinet joins Market Catalysts to explain why he has a Neutral rating on the stock and to discuss the different avenues Netflix could take to continue growing. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here. So Jason, is that why you're on the sidelines here with Netflix with that neutral rating? Do you not have the confidence that they can be number one in this larger streaming landscape or is your neutral reading more rooted in that valuation concern? Oh no, they're definitely number one. They've been number one for a very long time. Um, I can't think of a time when they weren't number one in the streaming wars. Um, what I would say is that the the I actually think what's happened is portfolio managers that have been long sort of mag 7 stocks um, began to look at the landscape and say, hey, wait a minute, I've got some of these big tech companies have AI threats, some of them have DOJ threats, you know, earlier in the year the market was nervous about a recession. And so the PMs began to look for give me a stock that doesn't have AI risk, that doesn't have recession risk, that doesn't have DOJ risk. And Netflix checked all those boxes. So it's sort of a safe harbor and that caused the multiple to expand, but it wasn't really underpinned by sort of parallel acceleration in the top line. That's why we're neutral. Got it. And and and what could Netflix do? I mean, I guess, you know, the share price is sort of out of their control, obviously. True. But in terms of operationally, are there things that they can do? I know that the company has said it prefers to grow internally, doesn't prefer to make acquisitions, but do you think that would be a good a good avenue to take for them? Well, I think the the boardroom level discussion has to be, um, does Netflix want to pivot and sort of embrace user generated content? Um, you know, they obviously care about time spent on the app. That's why they've moved into video games. Um, you know, not a lot of success there so far. But the question is, if you're if you're sitting there at the boardroom and you're watching YouTube go from 8 to 12% market share of the last 18 months, do you begin to embrace UGC content? They could do that in sort of a half-step way or go all in. The half-step way would be to take some of these famous content creators and give them their own Netflix show and try and lean into that. The full throated way is really more of a strategic pivot and try and take on YouTube directly by actually sort of surfacing up user generated content on the app. That that's that's the central question for the board. Alex, go ahead and get in here. And Jason, yeah, I I wanted to ask some follow up there on UFC media rights. I I mentioned that when I was talking about some of the takeaways here and they still seem to to skirt around the idea of live sports content. Do you think they need to double down on this considering the success we've seen on the WWE front? Well, I think I think they need to move into live content uh to a greater extent. I think the challenge is a little bit um the challenge I frame it this way. What what because Netflix's distribution is so unrivaled, they know that any sports that they bring onto the platform, what you're going to see is the engagement levels rise. And so what that means is at the end of a three or five-year sports deal, the rights owner is going to come back to Netflix and say, hey, look how great our our sports content is doing. I want a giant step up in my in the price of this content. Netflix's response of course will be no, the only reason your viewership is up is because you're on our globally leading distribution platform. And so what that means is Netflix has to look for sports rights um where the where the growth is maybe more muted and even the seller of those rights knows that the growth is more muted. It's a mature sport. So if you have any sort of high flying sport like UFC, um that's really not going to check the box because Netflix is going to want to do a 10-year deal or a 20-year deal to insulate itself from the lift and distribution that it's that its platform is going to give. And so the question is when you look at all the sports rights, what seller of sports rights is going to acknowledge, yeah, my sports is really mature. I'm not really going to get much engagement and therefore would be willing to do not a customary five-year deal but a 10 or a 20-year deal. That's the threshold question. Related Videos Trump expected to push for 401(k) private assets: Pros & cons Q2 earnings trends to watch: Tariff mentions, AI, and outlooks Huntington Bank CFO: Q2 Earnings Were "Phenomenal" What retirees should know amid uncertainty: Ask Yahoo Finance Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-07-2025
- Business
- Yahoo
AppLovin Stock (APP): Analysts Expect Strong Q2 and More Upside Ahead
AppLovin Corporation (NASDAQ:APP) is one of the . On July 14, Citi analyst Jason Bazinet reiterated a 'Buy' rating on the stock with a $600.00 price target. The firm said that AppLovin remains its top pick heading into earnings, which is why it has reiterated its rating and price target. The firm expects AppLovin's results to hit the high end of its guidance ranges. 'AppLovin reports 2Q25 results after the market closes on Wednesday, August 6th. We expect 2Q25 results to fall at the high end of the company's revenue and Adj. EBITDA guidance range. We believe investors will focus on: 1) eCommerce advertising initiative; 2) launch timing of self-serve tools (we expect 4Q25); 3) implications of changes to app store fees on mobile ad spend; 4) capital allocation; and 5) updates to the competitive landscape following Unity Vector launch. "Heading into results, $APP remains our top pick. We reiterate our Buy rating and ~$600 target price.' AppLovin Corporation (NASDAQ:APP) provides a leading marketing platform powered by AI technology. While we acknowledge the potential of APP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
