Sportradar Group (NASDAQ:SRAD – Get Free Report) had its price target cut by research analysts at Citizens Jmp from $20.00 to $19.00 in a research note issued on Wednesday, Benzinga reports. The firm presently has a “market outperform” rating on the stock. Citizens Jmp‘s price objective would indicate a potential upside of 33.80% from the stock’s current price.
A number of other analysts also recently weighed in on SRAD. Benchmark reaffirmed a “buy” rating on shares of Sportradar Group in a research report on Friday, August 28th. Wolfe Research initiated coverage on shares of Sportradar Group in a research report on Wednesday, September 2nd. They set an “outperform” rating and a $22.00 price target for the company. Canaccord Genuity Group decreased their target price on shares of Sportradar Group from $24.00 to $22.00 and set a “buy” rating for the company in a research note on Friday, October 23rd. Truist Financial decreased their target price on shares of Sportradar Group from $18.00 to $16.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. Finally, JPMorgan Chase & Co. cut their price target on Sportradar Group from $15.00 to $13.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $18.16.
View Our Latest Report on SRAD
Sportradar Group Trading Up 10.3%
NASDAQ SRAD opened at $14.20 on Wednesday. The firm has a market capitalization of $4.25 billion, a PE ratio of 214.50 and a beta of 1.66. The stock’s 50 day moving average is $12.51 and its 200 day moving average is $14.91. Sportradar Group has a twelve month low of $11.39 and a twelve month high of $26.08. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.06.
Sportradar Group (NASDAQ:SRAD – Get Free Report) last posted its quarterly earnings data on Tuesday, November 3rd. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). The firm had revenue of $410.62 million during the quarter, compared to the consensus estimate of $405.74 million. Sportradar Group had a return on equity of 1.89% and a net margin of 1.23%. Sportradar Group’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.07 EPS. Research analysts forecast that Sportradar Group will post 0.21 earnings per share for the current fiscal year.
Institutional Trading of Sportradar Group
Institutional investors have recently added to or reduced their stakes in the business. Spruce House Investment Management LLC bought a new stake in shares of Sportradar Group in the 1st quarter worth $46,035,000. The Manufacturers Life Insurance Company raised its stake in shares of Sportradar Group by 963.6% in the first quarter. The Manufacturers Life Insurance Company now owns 2,463,421 shares of the company’s stock worth $41,238,000 after purchasing an additional 2,231,810 shares during the last quarter. Assenagon Asset Management S.A. bought a new position in shares of Sportradar Group during the second quarter valued at $32,811,000. Principal Financial Group Inc. lifted its holdings in shares of Sportradar Group by 34.8% during the first quarter. Principal Financial Group Inc. now owns 1,826,209 shares of the company’s stock valued at $30,571,000 after purchasing an additional 471,309 shares in the last quarter. Finally, Rice Hall James & Associates LLC boosted its position in shares of Sportradar Group by 38.7% during the first quarter. Rice Hall James & Associates LLC now owns 1,582,182 shares of the company’s stock valued at $26,486,000 after buying an additional 441,765 shares during the last quarter.
Key Sportradar Group News
Here are the key news stories impacting Sportradar Group this week:
- Positive Sentiment: Q3 revenue rose 24% year over year to €363 million (about $410.6 million), ahead of analyst expectations. Profit increased 20% to €27 million, adjusted EBITDA climbed 21% to €102 million, and operating cash flow rose 37%. Sportradar Q3 2026 financial results
- Positive Sentiment: The company repurchased $157 million of shares during the quarter and agreed to sell Atrium Sports for $170 million, potentially strengthening its focus and adding cash. It also announced new and expanded partnerships with prediction-market businesses. Q3 growth and Atrium Sports divestiture
- Positive Sentiment: Unusually high call-option volume indicated increased bullish trading interest, though options activity alone does not confirm future performance.
- Neutral Sentiment: Reported EPS was $0.10. Estimates differed across reports: one comparison showed a beat, while another showed a modest miss. Zacks Q3 earnings report
- Negative Sentiment: A separate valuation analysis argued that Sportradar’s stock looks expensive relative to its sales base, which could temper investor enthusiasm. Valuation analysis
Sportradar Group Company Profile
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.
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