Why These 15 Hardware Stocks Are Skyrocketing So Far in 2025

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8. Genasys Inc (NASDAQ:GNSS)

Number of Hedge Fund Holders In Q3 2024: 8

Genasys Inc (NASDAQ:GNSS) is a communications company for emergency alerts.

The stock is up significantly so far in 2025 as it beat Q1 2025 earnings expectations. It reported a smaller-than-expected loss of $0.09 per share vs. a forecasted loss of $0.16. Revenue grew 59.1% year-over-year to $6.9 million.

Net loss narrowed to $4.1 million from $6.7 million year-over-year.

Plus, gross profit margin improved sharply to 45.8% from 33.9% in the prior year and had a $40 million backlog.

Genasys had some major contract wins, which included a 4-year contract extension with Los Angeles County, a Maui Emergency Management Agency contract for EVAC and TRAFFIC AI, and a U.S. Bureau of Reclamation order for upgraded LRAD security systems at Hoover Dam.

The consensus price target of $5.33 implies 53.92% upside.

GNSS stock is up 36.92% year-to-date.

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