Sportradar Group (NASDAQ:SRAD) Announces Quarterly Earnings Results

Sportradar Group (NASDAQ:SRAD) issued its quarterly earnings data on Monday. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.08), FiscalAI reports. Sportradar Group had a net margin of 1.23% and a return on equity of 1.81%. The company had revenue of $431.19 million for the quarter, compared to the consensus estimate of $435.95 million. During the same period in the previous year, the business posted $0.02 earnings per share. The firm’s revenue was up 18.9% compared to the same quarter last year.

Here are the key takeaways from Sportradar Group’s conference call:

• Second-quarter revenue rose 19% year over year to €378 million, driven by strong demand for betting and gaming content, cross-selling, and continued monetization of IMG ARENA rights.
• Sportradar reported adjusted EBITDA of €76 million, up 19%, while first-half free cash flow increased 23% to €103 million; the company also repurchased approximately $140 million of shares during the quarter.
• The company is expanding into prediction markets through agreements with Kalshi and Polymarket, with management expecting revenue contributions in the tens of millions of euros this year and a significantly larger opportunity in 2027.
• Sportradar lowered its 2026 guidance to 19%–21% constant-currency revenue growth and 24%–27% adjusted EBITDA growth, citing slower U.S. sportsbook expansion, tax and regulatory headwinds, and delays in completing prediction-market deals.
• Management continues to develop its PlayRadar iGaming offering and expects additional regulatory certifications and market launches later this year, while AI-driven efficiencies and cost-streamlining initiatives are intended to support longer-term margin expansion.

Sportradar Group Trading Down 6.9%

Shares of SRAD traded down $0.89 during trading hours on Wednesday, hitting $12.03. 2,429,624 shares of the stock traded hands, compared to its average volume of 3,070,421. 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 has a 1-year low of $11.55 and a 1-year high of $32.22. The firm has a market capitalization of $3.60 billion, a PE ratio of 50.46 and a beta of 1.61. The business has a fifty day moving average of $14.81 and a 200-day moving average of $15.98.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on SRAD shares. Needham & Company LLC cut their price target on shares of Sportradar Group from $23.00 to $17.00 and set a “buy” rating for the company in a report on Tuesday. BTIG Research cut shares of Sportradar Group from a “buy” rating to a “neutral” rating in a research note on Tuesday. Canaccord Genuity Group decreased their price target on Sportradar Group from $28.00 to $24.00 and set a “buy” rating on the stock in a research report on Tuesday. Stifel Nicolaus dropped their price target on Sportradar Group from $21.00 to $20.00 and set a “buy” rating for the company in a report on Wednesday, July 22nd. Finally, Guggenheim cut their price objective on Sportradar Group from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Monday. Two 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 assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $20.69.

Sportradar Group News Summary

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

• Positive Sentiment: Despite the recent weakness, several analysts still see upside. Truist, Citi, Citizens JMP, and Canaccord maintained positive ratings, with price targets ranging from $16 to $24. Analyst forecast revisions
• Positive Sentiment: Options activity provided a limited bullish signal: traders purchased 6,951 call options, about 77% above the average daily call volume. Unusually large options trading
• Neutral Sentiment: The company reiterated FY 2026 revenue guidance of approximately $1.8 billion, broadly matching consensus, while management highlighted cash generation and longer-term growth opportunities during its earnings call. Sportradar earnings call highlights
• Negative Sentiment: Q2 results missed expectations, contributing to a new 52-week low. The reported quarter included a loss of $0.01 per share, while investors focused on weaker operating momentum and guidance concerns. Sportradar reaches 52-week low
• Negative Sentiment: Analysts have broadly reduced their targets after the weak Q2 report: JPMorgan cut its target to $15 and rated SRAD neutral; Wells Fargo lowered its target to $14 and subsequently downgraded the stock to hold; and BTIG moved from buy to neutral.
• Negative Sentiment: The combination of an earnings miss, growth headwinds, and multiple target reductions is weighing on investor confidence, even though most revised targets remain above the current trading level.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SRAD. T. Rowe Price Investment Management Inc. raised its stake 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 buying an additional 1,929,037 shares during the last quarter. Bank of America Corp DE grew its holdings in Sportradar Group by 491.6% during the 3rd quarter. Bank of America Corp DE now owns 1,728,426 shares of the company’s stock worth $46,495,000 after acquiring an additional 1,436,263 shares during the period. UBS Group AG raised its position in shares of Sportradar Group by 346.8% during the 3rd quarter. UBS Group AG now owns 1,156,072 shares of the company’s stock valued at $31,098,000 after acquiring an additional 897,312 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in shares of Sportradar Group by 200.4% in the 3rd quarter. Qube Research & Technologies Ltd now owns 1,049,914 shares of the company’s stock valued at $28,243,000 after purchasing an additional 700,388 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Sportradar Group by 49.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,759,326 shares of the company’s stock worth $41,819,000 after purchasing an additional 584,516 shares during the last quarter.

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.