Sportradar Group (NASDAQ:SRAD) Given New $24.00 Price Target at BTIG Research

Sportradar Group (NASDAQ:SRAD) had its price target decreased by BTIG Research from $32.00 to $24.00 in a research report report published on Wednesday,Benzinga reports. BTIG Research currently has a buy rating on the stock.

Several other research firms also recently commented on SRAD. Citizens Jmp dropped their price objective on shares of Sportradar Group from $36.00 to $34.00 and set a “market outperform” rating on the stock in a report on Monday, January 5th. Needham & Company LLC decreased their target price on shares of Sportradar Group from $34.00 to $27.00 and set a “buy” rating for the company in a research report on Wednesday. UBS Group cut their price target on Sportradar Group from $39.00 to $35.00 and set a “buy” rating on the stock in a research report on Tuesday, December 9th. Benchmark reiterated a “buy” rating on shares of Sportradar Group in a research note on Wednesday, January 21st. Finally, Guggenheim restated a “buy” rating on shares of Sportradar Group in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $30.16.

Sportradar Group Stock Up 8.8%

Sportradar Group stock opened at $19.23 on Wednesday. The business’s 50-day simple moving average is $19.21 and its two-hundred day simple moving average is $23.77. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.36 and a current ratio of 1.36. The company has a market cap of $5.76 billion, a PE ratio of 58.27 and a beta of 2.00. Sportradar Group has a fifty-two week low of $15.73 and a fifty-two week high of $32.22.

Sportradar Group (NASDAQ:SRAD) last released its earnings results on Tuesday, March 3rd. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.09). The firm had revenue of $432.81 million for the quarter, compared to analyst estimates of $369.59 million. Sportradar Group had a return on equity of 10.36% and a net margin of 7.73%.The firm’s revenue for the quarter was up 20.2% compared to the same quarter last year. Equities analysts anticipate that Sportradar Group will post 0.15 EPS for the current year.

Hedge Funds Weigh In On Sportradar Group

Hedge funds have recently bought and sold shares of the business. SHP Wealth Management purchased a new stake in shares of Sportradar Group in the fourth quarter valued at approximately $86,000. Sit Investment Associates Inc. lifted its position in shares of Sportradar Group by 55.9% during the 4th quarter. Sit Investment Associates Inc. now owns 144,225 shares of the company’s stock valued at $3,428,000 after buying an additional 51,700 shares in the last quarter. Pacer Advisors Inc. grew its stake in Sportradar Group by 24.9% in the 4th quarter. Pacer Advisors Inc. now owns 6,230 shares of the company’s stock valued at $148,000 after acquiring an additional 1,241 shares during the period. T. Rowe Price Investment Management Inc. increased its holdings in Sportradar Group by 19.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 12,080,674 shares of the company’s stock worth $287,158,000 after acquiring an additional 1,929,037 shares in the last quarter. Finally, NewEdge Advisors LLC acquired a new position in Sportradar Group during the fourth quarter worth $1,019,000.

More Sportradar Group News

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

• Positive Sentiment: Company expanded its share repurchase authorization dramatically to $1.0 billion and repurchased roughly $91 million year‑to‑date, which supports EPS and signals management confidence. GlobeNewswire: Results & Buyback
• Positive Sentiment: Full‑year 2025 results showed record revenue (€1,290M, +17%), stronger adjusted EBITDA (up 33%) and robust free cash flow (€167M), supporting valuation for a growth‑plus‑profitability story. GlobeNewswire: Results
• Positive Sentiment: Closed the acquisition of IMG ARENA (expands live data/content rights), and extended integrity services deals such as with FIFA — moves that strengthen revenue mix and long‑term market position. GlobeNewswire: IMG ARENA
• Positive Sentiment: Market interest in new distribution/data deals (e.g., coverage noting an NBC Sports NBA data tie‑up) could lift future monetization and valuation expectations. Yahoo: NBC Sports coverage
• Neutral Sentiment: Q4 revenue outpaced consensus (reported ~€369M / $432.8M vs. ~€318M/$369M est.), demonstrating top‑line momentum even as other metrics diverged. MarketBeat: Q4 summary
• Neutral Sentiment: Multiple earnings call transcripts and analyst writeups are available for deeper read‑throughs of margins, customer retention and product commentary. Yahoo: Earnings transcript
• Negative Sentiment: Reported EPS materially missed expectations (about $0.01 vs. ~$0.10 consensus), which drove near‑term disappointment despite the revenue beat. Zacks: EPS miss
• Negative Sentiment: Management’s FY‑2026 revenue guidance appears below Street expectations (~$1.8B vs. consensus ~$1.9B), which can cap near‑term upside and prompted analyst model revisions. MarketBeat: Guidance note
• Negative Sentiment: Several firms trimmed price targets (Goldman, Wells Fargo, BTIG, Needham, Citizens/JMP), which can pressure sentiment even though many still show meaningful upside to current levels. Benzinga: Analyst PT changes

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.