JPMorgan Chase & Co. Has Lowered Expectations for Sportradar Group (NASDAQ:SRAD) Stock Price

Posted by Stanley Muller on Nov 4th, 2026

Sportradar Group (NASDAQ:SRAD – Get Free Report) had its target price reduced by equities researchers at JPMorgan Chase & Co. from $13.00 to $12.00 in a research note issued on Wednesday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential downside of 18.05% from the company’s previous close.

Several other research analysts also recently issued reports on SRAD. Canaccord Genuity Group dropped their price objective on shares of Sportradar Group from $24.00 to $22.00 and set a “buy” rating on the stock in a report on Friday, October 23rd. Guggenheim decreased their target price on Sportradar Group from $26.00 to $23.00 and set a “buy” rating on the stock in a research report on Wednesday. Wolfe Research initiated coverage on Sportradar Group in a research note on Wednesday, September 2nd. They set an “outperform” rating and a $22.00 price target on the stock. BTIG Research cut Sportradar Group from a “buy” rating to a “neutral” rating in a report on Tuesday, August 4th. Finally, Weiss Ratings downgraded Sportradar Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $17.97.

Read Our Latest Analysis on Sportradar Group

Sportradar Group Stock Performance

Shares of SRAD stock traded up $0.44 during trading hours on Wednesday, reaching $14.64. 1,820,790 shares of the company’s stock were exchanged, compared to its average volume of 2,804,200. Sportradar Group has a fifty-two week low of $11.39 and a fifty-two week high of $25.57. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $4.38 billion, a P/E ratio of 244.62 and a beta of 1.66. The business has a fifty day moving average price of $12.51 and a 200-day moving average price of $14.91.

Sportradar Group (NASDAQ:SRAD – Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.01). The company had revenue of $410.62 million during the quarter, compared to analyst estimates of $405.74 million. Sportradar Group had a return on equity of 1.89% and a net margin of 1.23%. The company’s revenue was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.07 EPS. Analysts predict that Sportradar Group will post 0.21 EPS for the current fiscal year.

Institutional Trading of Sportradar Group

Hedge funds have recently modified their holdings of the company. Allied Private Wealth LLC bought a new position in Sportradar Group in the 2nd quarter valued at $61,000. Rockefeller Capital Management L.P. lifted its position in shares of Sportradar Group by 4,969.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 5,982 shares of the company’s stock worth $142,000 after purchasing an additional 5,864 shares in the last quarter. Byrne Asset Management LLC acquired a new position in shares of Sportradar Group during the second quarter worth approximately $176,000. Choreo LLC grew its stake in shares of Sportradar Group by 23.5% during the third quarter. Choreo LLC now owns 23,144 shares of the company’s stock valued at $268,000 after purchasing an additional 4,403 shares during the last quarter. Finally, Parallel Advisors LLC grew its stake in shares of Sportradar Group by 6.1% during the first quarter. Parallel Advisors LLC now owns 16,388 shares of the company’s stock valued at $274,000 after purchasing an additional 937 shares during the last quarter.

Key Stories Impacting Sportradar Group

Here are the key news stories impacting Sportradar Group this week:

Positive Sentiment: Third-quarter revenue rose 24% to €363 million, profit increased 20% to €27 million, and adjusted EBITDA grew 21% to €102 million. Operating cash flow rose 37%, while free cash flow increased 12%. Revenue also exceeded analysts’ expectations, supporting the positive reaction to the results. Sportradar Reports Third Quarter 2026 Financial Results
Positive Sentiment: Sportradar repurchased $157 million of shares in the quarter and agreed to sell Atrium Sports for $170 million, potentially sharpening its focus and adding cash. It also announced expanded partnerships with prediction-market companies. Sportradar Reports Q3 Growth, Announces Atrium Sports Divestiture
Positive Sentiment: Truist raised its price target from $16 to $17 and maintained a Buy rating, signaling increased confidence in the shares. Truist recommendations
Neutral Sentiment: Call-option trading surged well above its typical level, reflecting increased speculative interest but not necessarily a change in the company’s fundamentals.
Negative Sentiment: Reported EPS was $0.10, below the $0.11 consensus cited by one report, despite beating revenue expectations. Another source reported a lower consensus estimate, so the earnings comparison varies by source. Zacks Q3 earnings report
Negative Sentiment: Guggenheim cut its target from $26 to $23, and Citizens lowered its target from $20 to $19, citing reduced estimates. Both firms nevertheless kept favorable ratings (Buy and Market Outperform, respectively). Q3 2026 earnings call transcript Citizens price-target update

About Sportradar Group

(Get Free Report)

Sportradar Group AG is a sports technology and data company that provides business-to-business solutions to sports federations, leagues, media organizations, sportsbooks and other clients worldwide. The company collects, processes and distributes sports data, helping customers deliver live scores, statistics, schedules, news and other sports content across digital platforms.

Its products and services include real-time data feeds, betting odds and managed betting services, audiovisual content, marketing solutions, fan-engagement tools and sports integrity services.