Sportradar Group (NASDAQ:SRAD) Given New $30.00 Price Target at Guggenheim

Sportradar Group (NASDAQ:SRAD) had its price objective reduced by Guggenheim from $35.00 to $30.00 in a research report released on Wednesday,Benzinga reports. They currently have a buy rating on the stock.

SRAD has been the topic of several other reports. The Goldman Sachs Group lowered their price target on Sportradar Group from $35.00 to $24.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 4th. Stifel Nicolaus lowered their price target on Sportradar Group from $25.00 to $21.00 and set a “buy” rating on the stock in a research note on Wednesday. Citizens Jmp lowered their price target on Sportradar Group from $34.00 to $31.00 and set a “market outperform” rating on the stock in a research note on Wednesday, March 4th. Truist Financial lowered their price target on Sportradar Group from $26.00 to $18.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, BTIG Research lowered their price objective on Sportradar Group from $23.00 to $18.00 and set a “buy” rating on the stock in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Sportradar Group has a consensus rating of “Moderate Buy” and an average target price of $25.24.

Sportradar Group Trading Up 2.2%

Sportradar Group stock opened at $12.62 on Wednesday. Sportradar Group has a 52 week low of $11.66 and a 52 week high of $32.22. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.17 and a current ratio of 1.17. The firm has a market capitalization of $3.78 billion, a PE ratio of 38.24 and a beta of 1.98. The business’s 50-day simple moving average is $17.22 and its 200-day simple moving average is $20.29.

Sportradar Group (NASDAQ:SRAD) last issued its quarterly earnings results on Tuesday, April 28th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.08). Sportradar Group had a net margin of 7.73% and a return on equity of 10.32%. The firm had revenue of $401.11 million for the quarter, compared to the consensus estimate of $417.86 million. During the same quarter in the prior year, the firm earned $0.07 earnings per share. The company’s revenue was up 11.3% on a year-over-year basis. Equities research analysts forecast that Sportradar Group will post 0.53 earnings per share for the current year.

Institutional Investors Weigh In On Sportradar Group

Large investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd grew its stake in shares of Sportradar Group by 93.1% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,286 shares of the company’s stock valued at $31,000 after purchasing an additional 620 shares during the period. Empowered Funds LLC bought a new stake in shares of Sportradar Group in the 4th quarter valued at approximately $31,000. Tower Research Capital LLC TRC grew its stake in shares of Sportradar Group by 10,125.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,636 shares of the company’s stock valued at $46,000 after purchasing an additional 1,620 shares during the period. Itau Unibanco Holding S.A. bought a new stake in shares of Sportradar Group in the 4th quarter valued at approximately $45,000. Finally, CWM LLC grew its stake in shares of Sportradar Group by 316.0% in the 4th quarter. CWM LLC now owns 2,475 shares of the company’s stock valued at $59,000 after purchasing an additional 1,880 shares during the period.

Sportradar Group News Summary

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

• Positive Sentiment: Strong Q1 operating results and large buyback — Sportradar reported revenue growth, a double‑digit rise in adjusted EBITDA and stronger free cash flow, and announced an enhanced $250 million open‑market share repurchase program (it has already repurchased ~$90M). These items support cash generation and shareholder returns. Q1 results & repurchase program
• Positive Sentiment: Management addition — Sameer Deen (ex‑Entain) was named COO, a hire investors can view positively for commercial scale and execution as the company navigates the sports betting/media market. COO appointment
• Neutral Sentiment: Analysts cut price targets but many kept buy/overweight ratings — Several firms (Benchmark, Citi, Guggenheim, Wells Fargo, Truist, Stifel, BTIG, Needham) lowered targets yet maintained positive ratings, creating mixed signals: continued analyst support but lower near‑term upside expectations. Analyst updates Citi note
• Neutral Sentiment: Earnings call / presentation available — Management reiterated revenue guidance roughly in line with consensus but the investor deck and call provide detail on customer retention and margin drivers for those modeling forward performance. Earnings highlights
• Negative Sentiment: Short‑seller allegations and legal risk — Reports from Muddy Waters and Callisto alleged the company aided illegal gambling via partner relationships; those accusations triggered a >20% price collapse last week and have prompted multiple securities‑fraud probes and investor‑lawyer outreach. This is the largest near‑term driver of downside risk and volatility. Short-seller allegations & investigations Rosen Law Firm notice
• Negative Sentiment: Q1 EPS/revenue miss — The company missed consensus on EPS and revenue (EPS loss vs. expected small positive; revenue below estimates), which, combined with the legal headlines, likely pressured analyst targets and short‑term sentiment. Earnings miss

Sportradar Group Company Profile

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.