Sportradar Group (NASDAQ:SRAD – Get Free Report) had its price target decreased by JPMorgan Chase & Co. from $17.00 to $15.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 18.91% from the company’s previous close.
Other research analysts also recently issued reports about the stock. Needham & Company LLC decreased their target price on shares of Sportradar Group from $23.00 to $17.00 and set a “buy” rating for the company in a research report on Tuesday. Jefferies Financial Group lowered shares of Sportradar Group from a “buy” rating to a “hold” rating and cut their price target for the stock from $30.00 to $14.00 in a report on Friday, April 24th. Canaccord Genuity Group cut their price objective on Sportradar Group from $28.00 to $24.00 and set a “buy” rating for the company in a research note on Tuesday. Benchmark reaffirmed a “buy” rating on shares of Sportradar Group in a research note on Thursday, July 9th. Finally, Morgan Stanley raised their target price on Sportradar Group from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 8th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $21.69.
Read Our Latest Stock Analysis on SRAD
Sportradar Group Trading Up 2.2%
Sportradar Group (NASDAQ:SRAD – Get Free Report) last issued its earnings results on Tuesday, June 30th. The company reported ($0.01) earnings per share for the quarter. Sportradar Group had a net margin of 5.20% and a return on equity of 7.28%. The firm had revenue of $431.19 million for the quarter. Sell-side analysts predict that Sportradar Group will post 0.39 earnings per share for the current year.
Institutional Investors Weigh In On Sportradar Group
Institutional investors and hedge funds have recently made changes to their positions in the business. Allied Private Wealth LLC acquired a new position in Sportradar Group in the 2nd quarter valued at $61,000. Assenagon Asset Management S.A. acquired a new position in shares of Sportradar Group during the second quarter worth about $32,811,000. Byrne Asset Management LLC purchased a new position in Sportradar Group in the 2nd quarter worth approximately $176,000. Parallel Advisors LLC lifted its holdings in Sportradar Group by 6.1% in the 1st quarter. Parallel Advisors LLC now owns 16,388 shares of the company’s stock worth $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% during the first quarter. NewEdge Advisors LLC now owns 115,166 shares of the company’s stock worth $1,928,000 after acquiring an additional 72,276 shares during the last quarter.
Key Stories Impacting Sportradar Group
Here are the key news stories impacting Sportradar Group this week:
- Positive Sentiment: 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: New multi-year agreements with prediction-market platforms Kalshi and Polymarket expand Sportradar’s potential addressable market, while the Wimbledon rights extension and broader iGaming initiatives support future growth.
- Positive Sentiment: Sportradar repurchased $140 million of stock during the quarter and maintained substantial liquidity with no debt outstanding under its expanded €250 million revolving credit facility.
- Positive Sentiment: Despite lower targets, Citizens JMP retained a “market outperform” rating with a $20 target, and Canaccord Genuity retained a “buy” rating with a $24 target—both implying considerable potential upside.
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.
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