Brokerages Set Sportradar Group AG (NASDAQ:SRAD) Target Price at $23.82

Posted by Brenda Bartman on Jun 5th, 2026

Sportradar Group AG (NASDAQ:SRAD – Get Free Report) has earned an average recommendation of “Moderate Buy” from the nineteen ratings firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation, twelve have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $23.8235.

A number of analysts recently issued reports on the stock. Truist Financial lowered their price target on shares of Sportradar Group from $26.00 to $18.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Jefferies Financial Group downgraded shares of Sportradar Group from a “buy” rating to a “hold” rating and lowered their price target for the stock from $30.00 to $14.00 in a report on Friday, April 24th. Citizens Jmp lowered their price target on shares of Sportradar Group from $34.00 to $31.00 and set a “market outperform” rating on the stock in a report on Wednesday, March 4th. BTIG Research lowered their price target on shares of Sportradar Group from $23.00 to $18.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Finally, The Goldman Sachs Group lowered their price target on shares of Sportradar Group from $35.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday, March 4th.

View Our Latest Stock Report on Sportradar Group

Sportradar Group News Roundup

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

Positive Sentiment: Sportradar extended its Wimbledon data and AV betting rights deal beyond 2026, preserving exclusive global distribution rights and strengthening its tennis portfolio across three of the four Grand Slams. Article title
Positive Sentiment: The renewal supports deeper integration of real-time data, micro betting, and player markets, which may enhance engagement and monetization across Sportradar’s betting products.
Neutral Sentiment: Several firms reiterated shareholder alerts and lead-plaintiff reminders tied to an existing securities class action, keeping legal overhang in focus for investors.
Negative Sentiment: The class action centers on allegations that Sportradar misrepresented compliance and revenue sources, following the sharp stock drop linked to short-seller reports accusing the company of operating with illegal gambling operators in prohibited markets.

Insider Transactions at Sportradar Group

In related news, Director William Kurtz purchased 8,000 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were purchased at an average price of $12.97 per share, with a total value of $103,760.00. Following the purchase, the director owned 30,179 shares of the company’s stock, valued at $391,421.63. The trade was a 36.07% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director George Fleet purchased 7,850 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was bought at an average cost of $12.73 per share, for a total transaction of $99,930.50. Following the purchase, the director directly owned 160,873 shares in the company, valued at $2,047,913.29. This trade represents a 5.13% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 357,893 shares of company stock worth $4,668,220 in the last ninety days. Company insiders own 85.02% of the company’s stock.

Institutional Investors Weigh In On Sportradar Group

A number of institutional investors have recently added to or reduced their stakes in SRAD. Jericho Capital Asset Management L.P. acquired a new stake in Sportradar Group in the 4th quarter valued at $75,117,000. Spruce House Investment Management LLC acquired a new stake in Sportradar Group in the 1st quarter valued at $46,035,000. The Manufacturers Life Insurance Company increased its position in shares of Sportradar Group by 963.6% during 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 in the last quarter. Stephens Investment Management Group LLC purchased a new stake in shares of Sportradar Group during the fourth quarter worth approximately $52,643,000. Finally, T. Rowe Price Investment Management Inc. increased its position in shares of Sportradar Group by 19.0% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 12,080,674 shares of the company’s stock worth $287,158,000 after purchasing an additional 1,929,037 shares in the last quarter.

Sportradar Group Trading Up 5.7%

NASDAQ SRAD opened at $14.23 on Friday. The company has a fifty day moving average of $14.64 and a 200 day moving average of $18.20. Sportradar Group has a 1 year low of $11.66 and a 1 year high of $32.22. The company has a market capitalization of $4.26 billion, a PE ratio of 59.29 and a beta of 1.63. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.06 and a quick ratio of 1.06.

Sportradar Group (NASDAQ:SRAD – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.08). Sportradar Group had a return on equity of 7.28% and a net margin of 5.20%.The firm had revenue of $401.11 million for the quarter, compared to analysts’ expectations of $417.86 million. During the same period last year, the company posted $0.07 earnings per share. The business’s quarterly revenue was up 11.3% on a year-over-year basis. Research analysts forecast that Sportradar Group will post 0.4 earnings per share for the current year.

About Sportradar Group

(Get Free Report)

Sportradar Group is a global leader in digital sports data and content, delivering real-time statistics, analytics and sports betting solutions to clients across the gaming, media and sports federation sectors. The company aggregates and processes live data from more than 800,000 sporting events each year, providing feeds for pre-match and in-play odds, visualization tools and managed trading services. Its products also include integrity services, which monitor betting markets for irregularities and help sports organizations safeguard competition outcomes.

Founded in 2001 and headquartered in St.