Sportradar Group (NASDAQ:SRAD – Get Free Report)‘s stock had its “equal weight” rating reiterated by stock analysts at Wells Fargo & Company in a research report issued on Tuesday, MarketBeat reports. They currently have a $14.00 target price on the stock. Wells Fargo & Company‘s price target would indicate a potential upside of 13.45% from the stock’s current price.
Other research analysts have also issued research reports about the company. Morgan Stanley upped their price objective on Sportradar Group from $24.00 to $25.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 8th. Guggenheim set a $26.00 target price on Sportradar Group in a report on Monday. Zacks Research lowered shares of Sportradar Group from a “hold” rating to a “strong sell” rating in a research report on Friday, July 17th. Jefferies Financial Group lowered shares of Sportradar Group from a “buy” rating to a “hold” rating and decreased their target price for the stock from $30.00 to $14.00 in a research report on Friday, April 24th. Finally, Citizens Jmp lowered their price target on shares of Sportradar Group from $26.00 to $24.00 and set a “market outperform” rating on the stock in a research note on Wednesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Sportradar Group currently has an average rating of “Moderate Buy” and an average target price of $22.13.
View Our Latest Research Report on SRAD
Sportradar Group Price Performance
Sportradar Group (NASDAQ:SRAD – Get Free Report) last issued its earnings results on Tuesday, June 30th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $431.19 million for the quarter. Sportradar Group had a return on equity of 7.28% and a net margin of 5.20%. Research analysts anticipate that Sportradar Group will post 0.39 earnings per share for the current year.
Institutional Investors Weigh In On Sportradar Group
A number of institutional investors and hedge funds have recently modified their holdings of SRAD. Allied Private Wealth LLC acquired a new position in Sportradar Group during the second quarter worth $61,000. Assenagon Asset Management S.A. acquired a new stake in Sportradar Group in the second quarter valued at $32,811,000. Byrne Asset Management LLC acquired a new stake in Sportradar Group in the second quarter valued at $176,000. Parallel Advisors LLC increased its position in shares of Sportradar Group by 6.1% in the first quarter. Parallel Advisors LLC now owns 16,388 shares of the company’s stock valued at $274,000 after buying an additional 937 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of Sportradar Group by 168.5% in the first quarter. NewEdge Advisors LLC now owns 115,166 shares of the company’s stock valued at $1,928,000 after buying an additional 72,276 shares in the last quarter.
Sportradar Group News Summary
Here are the key news stories impacting Sportradar Group this week:
- Positive Sentiment: Second-quarter revenue increased 19% year over year to €378 million, while Adjusted EBITDA rose 19% to €76 million and the margin expanded to 20.2%. Operating cash flow increased 20% to €117 million and free cash flow rose 14% to €59 million. Sportradar Reports Second Quarter 2026 Financial Results
- Positive Sentiment: Sportradar raised or reaffirmed a solid 2026 outlook, targeting 19%–21% constant-currency revenue growth, reported revenue of approximately €1.518 billion–€1.533 billion, and Adjusted EBITDA of €360 million–€368 million. The company also expects free-cash-flow conversion to exceed 2025 levels.
- Positive Sentiment: New multiyear partnerships with prediction-market platforms Kalshi and Polymarket expand Sportradar’s addressable market, while the Wimbledon data and audiovisual-rights extension supports its premium sports-content portfolio.
- Positive Sentiment: The company repurchased $140 million of stock during the quarter and had no debt outstanding, although cash declined because of buybacks and sports-rights investments.
- Neutral Sentiment: Unusually high options activity accompanied the results: traders purchased 6,951 call contracts, about 77% above average volume. This may indicate speculative bullish interest but does not establish a lasting change in investor sentiment.
- Negative Sentiment: Reported EPS was a $0.01 loss, missing the roughly $0.06–$0.07 consensus estimate and declining from a profit a year earlier. Revenue also modestly missed expectations, with one market report citing $431.19 million versus a $435.95 million forecast. Sportradar shares tumble after Q2 revenue miss
- Negative Sentiment: Sportradar posted a €4 million quarterly loss, compared with €49 million of profit in the prior-year period. A €9 million unrealized foreign-currency loss—versus a €54 million gain previously—more than offset the company’s operating improvement.
- Negative Sentiment: Moderating U.S. market growth, unfavorable currency movements, higher sports-rights costs and severance expenses are weighing on near-term earnings quality. The results miss is particularly negative for a stock trading at a high earnings multiple, making the shares sensitive to weaker profitability and guidance concerns.
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.
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