Sportradar Group (NASDAQ:SRAD) Price Target Raised to $17.00

Sportradar Group (NASDAQ:SRAD) had its price objective lifted by investment analysts at Truist Financial from $16.00 to $17.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Truist Financial‘s price target would indicate a potential upside of 13.23% from the company’s current price.

A number of other research firms have also commented on SRAD. UBS Group lowered shares of Sportradar Group from a “buy” rating to a “neutral” rating and dropped their price target for the company from $30.00 to $16.00 in a research report on Wednesday, August 5th. Weiss Ratings cut shares of Sportradar Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, October 2nd. Canaccord Genuity Group decreased their price objective on shares of Sportradar Group from $24.00 to $22.00 and set a “buy” rating for the company in a report on Friday, October 23rd. BTIG Research lowered shares of Sportradar Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 4th. Finally, Citigroup reiterated a “market outperform” rating on shares of Sportradar Group in a report on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $18.03.

Sportradar Group Stock Performance

Shares of SRAD stock traded up $0.81 during trading on Wednesday, reaching $15.01. The company had a trading volume of 732,115 shares, compared to its average volume of 2,799,534. The firm’s 50 day simple moving average is $12.51 and its two-hundred day simple moving average is $14.91. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.98 and a quick ratio of 0.98. Sportradar Group has a one year low of $11.39 and a one year high of $25.57. The company has a market capitalization of $4.50 billion, a PE ratio of 249.71 and a beta of 1.66.

Sportradar Group (NASDAQ:SRAD) last posted its earnings results on Tuesday, November 3rd. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.01). The company had revenue of $410.62 million during the quarter, compared to analyst estimates of $405.74 million. Sportradar Group had a return on equity of 1.89% and a net margin of 1.23%. The firm’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.07 earnings per share. Sell-side analysts forecast that Sportradar Group will post 0.21 earnings per share for the current year.

Hedge Funds Weigh In On Sportradar Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in SRAD. Spruce House Investment Management LLC acquired a new stake in shares of Sportradar Group during the 1st quarter worth approximately $46,035,000. The Manufacturers Life Insurance Company increased its holdings in Sportradar Group by 963.6% in the 1st quarter. The Manufacturers Life Insurance Company now owns 2,463,421 shares of the company’s stock valued at $41,238,000 after buying an additional 2,231,810 shares during the period. Assenagon Asset Management S.A. bought a new stake in Sportradar Group in the 2nd quarter valued at $32,811,000. Principal Financial Group Inc. raised its stake in shares of Sportradar Group by 34.8% in the 1st quarter. Principal Financial Group Inc. now owns 1,826,209 shares of the company’s stock valued at $30,571,000 after buying an additional 471,309 shares in the last quarter. Finally, Rice Hall James & Associates LLC raised its stake in shares of Sportradar Group by 38.7% in the 1st quarter. Rice Hall James & Associates LLC now owns 1,582,182 shares of the company’s stock valued at $26,486,000 after buying an additional 441,765 shares in the last quarter.

Key Sportradar Group News

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

• Positive Sentiment: Q3 revenue rose 24% to €363 million, while profit increased 20% to €27 million. Adjusted EBITDA grew 21% to €102 million, operating cash flow rose 37%, and free cash flow increased 12%. Revenue also topped analyst estimates. Sportradar Reports Third Quarter 2026 Financial Results
• Positive Sentiment: The company repurchased $157 million of shares during the quarter and agreed to sell Atrium Sports for $170 million. It also announced new and expanded partnerships with prediction-market businesses. Q3 Growth and Atrium Sports Divestiture
• Positive Sentiment: Shares rose following the results, reflecting investor focus on revenue growth and improved cash generation. Sportradar Shares Rise After Strong Q3 Results
• Neutral Sentiment: Citizens lowered its price target from $20 to $19, and Guggenheim cut its target from $26 to $23; both maintained positive ratings—“market outperform” and “buy,” respectively. Citizens Lowers Price Target
• Negative Sentiment: Quarterly EPS of $0.10 fell short of the cited consensus estimate of $0.11, despite year-over-year earnings growth. A separate analysis also raised concern that the stock looks expensive relative to its sales base. Sportradar Stock Looks Rich Against Its Sales Base

About Sportradar Group

Sportradar Group AG is a sports technology and data company that provides business-to-business solutions to sports federations, leagues, media organizations, sportsbooks and other clients worldwide. The company collects, processes and distributes sports data, helping customers deliver live scores, statistics, schedules, news and other sports content across digital platforms.

Its products and services include real-time data feeds, betting odds and managed betting services, audiovisual content, marketing solutions, fan-engagement tools and sports integrity services.