Sportradar Group (NASDAQ:SRAD) Downgraded by Wells Fargo & Company to Hold

Wells Fargo & Company cut shares of Sportradar Group (NASDAQ:SRAD) from a strong-buy rating to a hold rating in a report issued on Monday morning,Zacks.com reports.

A number of other equities analysts also recently commented on SRAD. BTIG Research downgraded Sportradar Group from a “buy” rating to a “neutral” rating in a research report on Tuesday. UBS Group cut shares of Sportradar Group from a “buy” rating to a “neutral” rating and set a $16.00 target price on the stock. in a report on Wednesday. Jefferies Financial Group downgraded shares of Sportradar Group from a “buy” rating to a “hold” rating and decreased their price target for the stock from $30.00 to $14.00 in a research note on Friday, April 24th. Benchmark reiterated a “buy” rating on shares of Sportradar Group in a report on Thursday, July 9th. Finally, Citizens Jmp dropped their price objective on shares of Sportradar Group from $24.00 to $20.00 and set a “market outperform” rating on the stock in a research report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Sportradar Group presently has a consensus rating of “Moderate Buy” and an average target price of $20.69.

Sportradar Group Stock Up 4.6%

Shares of NASDAQ SRAD opened at $12.91 on Monday. The stock has a market cap of $3.87 billion, a P/E ratio of 53.79 and a beta of 1.61. The business’s fifty day simple moving average is $14.81 and its 200-day simple moving average is $15.98. Sportradar Group has a 12-month low of $11.55 and a 12-month high of $32.22. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.06.

Sportradar Group (NASDAQ:SRAD) last released its earnings results on Tuesday, June 30th. The company reported ($0.01) EPS for the quarter. Sportradar Group had a return on equity of 1.81% and a net margin of 1.23%.The company had revenue of $431.19 million for the quarter. As a group, equities analysts predict that Sportradar Group will post 0.39 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SRAD. Jericho Capital Asset Management L.P. purchased a new stake in Sportradar Group during the fourth quarter worth approximately $75,117,000. Spruce House Investment Management LLC purchased a new position in Sportradar Group in the first quarter valued at approximately $46,035,000. The Manufacturers Life Insurance Company increased its stake in 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 valued at $41,238,000 after purchasing an additional 2,231,810 shares during the last quarter. Stephens Investment Management Group LLC acquired a new stake in Sportradar Group during the fourth quarter worth approximately $52,643,000. Finally, Assenagon Asset Management S.A. acquired a new stake in Sportradar Group during the second quarter worth approximately $32,811,000.

Sportradar Group News Summary

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

• Positive Sentiment: Despite the earnings miss, Sportradar reported 19% year-over-year revenue growth to €377.8 million, while adjusted EBITDA increased 19% to €76.3 million and the margin expanded to 20.2%. Operating cash flow and free cash flow also improved. Sportradar Q2 2026 results
• Positive Sentiment: The company highlighted new partnerships with prediction-market operators Kalshi and Polymarket, renewed Wimbledon rights, and a $140 million share repurchase during the quarter—potential longer-term growth and shareholder-support catalysts.
• Neutral Sentiment: Unusually heavy call-option activity was reported, with nearly 7,000 calls purchased—about 77% above average volume. This may indicate speculative bullish positioning but does not guarantee buying in the underlying stock. Sportradar options trading
• Negative Sentiment: Second-quarter EPS was a $0.01 loss versus the $0.07 consensus estimate, and revenue of approximately $431.2 million came in below the roughly $436 million forecast. The company also posted a €4 million net loss, compared with a €49 million profit a year earlier, largely because of unfavorable foreign-currency effects. Sportradar Q2 earnings miss
• Negative Sentiment: Investors reacted negatively to the weaker outlook and moderating U.S. growth. Wells Fargo downgraded SRAD to “hold” and BTIG moved to “neutral,” while Wells Fargo, JPMorgan, Truist, Citi, Citizens JMP, and Canaccord all lowered their price targets. Targets remain above the current level, but the cuts signal reduced near-term confidence.
• Negative Sentiment: The combination of a quarterly loss, currency volatility, higher sports-rights costs, severance expenses, and declining cash balances has raised concerns about profitability and execution, outweighing the company’s strong adjusted growth metrics. Sportradar 52-week low

About Sportradar Group

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.