Sportradar Group (NASDAQ:SRAD) Stock Rating Lowered by JPMorgan Chase & Co.

Sportradar Group (NASDAQ:SRAD) was downgraded by equities research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued on Wednesday. They presently have a $16.00 price objective on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 23.17% from the company’s previous close.

Several other research firms have also recently weighed in on SRAD. Citizens Jmp dropped their price objective on Sportradar Group from $34.00 to $31.00 and set a “market outperform” rating for the company in a report on Wednesday, March 4th. Truist Financial dropped their price objective on Sportradar Group from $26.00 to $18.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. UBS Group dropped their price objective on Sportradar Group from $35.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Guggenheim dropped their price objective on Sportradar Group from $35.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Finally, BTIG Research dropped their price objective on Sportradar Group from $23.00 to $18.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $23.82.

Sportradar Group Trading Down 0.3%

Shares of SRAD stock opened at $12.99 on Wednesday. The stock has a market capitalization of $3.89 billion, a PE ratio of 54.13 and a beta of 1.65. Sportradar Group has a 1-year low of $11.66 and a 1-year high of $32.22. The business has a 50-day moving average of $15.41 and a 200 day moving average of $18.66. 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) last issued its earnings results on Wednesday, April 29th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.08). The company had revenue of $401.11 million for the quarter, compared to analysts’ expectations of $417.86 million. Sportradar Group had a net margin of 5.20% and a return on equity of 7.28%. The company’s revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.07 earnings per share. As a group, sell-side analysts anticipate that Sportradar Group will post 0.4 earnings per share for the current year.

Insider Transactions at Sportradar Group

In other news, CEO Carsten Koerl bought 143,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was purchased at an average price of $13.23 per share, with a total value of $1,891,890.00. Following the transaction, the chief executive officer owned 2,278,272 shares of the company’s stock, valued at approximately $30,141,538.56. The trade was a 6.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William Kurtz bought 8,000 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was purchased at an average cost of $12.97 per share, with a total value of $103,760.00. Following the transaction, the director directly owned 30,179 shares in the company, valued at approximately $391,421.63. This represents a 36.07% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders have purchased 357,893 shares of company stock worth $4,668,220. 85.02% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Wealth High Governance Capital Ltda raised its position in shares of Sportradar Group by 144.1% in the 4th quarter. Wealth High Governance Capital Ltda now owns 366,157 shares of the company’s stock worth $8,704,000 after acquiring an additional 216,159 shares in the last quarter. UBS Group AG increased its position in Sportradar Group by 107.1% during the 4th quarter. UBS Group AG now owns 2,394,126 shares of the company’s stock valued at $56,908,000 after buying an additional 1,238,054 shares in the last quarter. Stephens Investment Management Group LLC bought a new position in Sportradar Group during the 4th quarter valued at approximately $52,643,000. Asset Management One Co. Ltd. bought a new position in Sportradar Group during the 4th quarter valued at approximately $2,941,000. Finally, TD Asset Management Inc increased its position in Sportradar Group by 560.3% during the 3rd quarter. TD Asset Management Inc now owns 542,094 shares of the company’s stock valued at $14,582,000 after buying an additional 460,000 shares in the last quarter.

Trending Headlines about Sportradar Group

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

• Negative Sentiment: Multiple law firms announced or promoted class action lawsuits against Sportradar, with a key deadline of July 17, 2026 for investors to seek lead-plaintiff status. Article Title
• Negative Sentiment: The lawsuits cite allegations that Sportradar made material misstatements or omissions regarding its involvement with black-market gambling operators and the legality of part of its revenue sources. Article Title
• Negative Sentiment: The legal actions stem from the April 22 share collapse after short-seller reports from Muddy Waters Research and Callisto Research accused Sportradar of misleading investors about its business model and revenue sources. Article Title
• Neutral Sentiment: Several firms are reminding investors who bought shares between November 7, 2024 and April 21, 2026 to contact counsel about potential recovery in the pending securities fraud case. Article Title

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.