SportradarSRAD
SRAD
About: Sportradar Group AG is a technology platform enabling next-generation engagement in sports, and a provider of B2B solutions to the sports betting industry. It generates revenue through two primary sources: subscription-based revenue and revenue sharing. Geographically, it operates in North America, Africa, AsiaPac & Middle East, Europe, and LATAM & Caribbean.
Employees: 4,766
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 11 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
264% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 14
130% more call options, than puts
Call options by funds: $8.17M | Put options by funds: $3.56M
53% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 30
50% more capital invested
Capital invested by funds: $2.04B [Q3] → $3.06B (+$1.02B) [Q4]
30% more funds holding
Funds holding: 114 [Q3] → 148 (+34) [Q4]
20% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 6 (+1) [Q4]
3.94% more ownership
Funds ownership: 80.99% [Q3] → 84.93% (+3.94%) [Q4]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$23
2%
downside
Avg. target
$28
17%
upside
High target
$32
36%
upside
11 analyst ratings
10 positive
91%
1 neutral
9%
0 negative
0%
Needham Bernie McTernan 54% 1-year accuracy 73 / 135 met price target | 19%upside $28 | Buy Maintained | 13 May 2025 |
Morgan Stanley Connor Lynagh 40% 1-year accuracy 2 / 5 met price target | 2%downside $23 | Equal-Weight Maintained | 16 Apr 2025 |
Benchmark Mike Hickey 44% 1-year accuracy 40 / 91 met price target | 28%upside $30 | Buy Maintained | 16 Apr 2025 |
BTIG Clark Lampen 73% 1-year accuracy 11 / 15 met price target | 19%upside $28 | Buy Initiated | 11 Apr 2025 |
UBS Robin Farley 71% 1-year accuracy 5 / 7 met price target | 24%upside $29 | Buy Maintained | 8 Apr 2025 |
Financial journalist opinion
Based on 11 articles about SRAD published over the past 30 days
Neutral
Seeking Alpha
1 day ago
Sportradar Group AG (SRAD) Q1 2025 Earnings Call Transcript
Sportradar Group AG (NASDAQ:SRAD ) Q1 2025 Earnings Conference Call May 12, 2025 8:30 AM ET Company Participants James Bombassei - Senior Vice President of Investor Relations & Corporate Finance Carsten Koerl - Chief Executive Officer Craig Felenstein - Chief Financial Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Robin Farley - UBS Jason Tilchen - Canaccord Genuity Corp. David Katz - Jefferies Jordan Bender - Citizens Bank Michael Hickey - The Benchmark Company Bernie McTernan - Needham & Company Clark Lampen - BTG Samuel Nielsen - JPMorgan Steve Pizzella - Deutsche Bank Operator Good day and thank you for standing by. Welcome to the Sportradar First Quarter 2025 Earnings Conference Call.
Positive
Zacks Investment Research
2 days ago
Sportradar Group AG (SRAD) Q1 Earnings Top Estimates
Sportradar Group AG (SRAD) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to break-even earnings per share a year ago.
Neutral
GlobeNewsWire
2 days ago
Sportradar Reports First Quarter Results
First Quarter 2025 Highlights Revenue increased 17% to €311 million Profit for the period increased to €24 million and expanded to 7.8% as a percentage of revenue Adjusted EBITDA1 increased 25% to €59 million and Adjusted EBITDA margin1 expanded to 18.9% Net cash generated from operating activities increased 52% to €102 million and Free cash flow1 increased €32 million to €32 million Achieved Customer Net Retention Rate1 of 122% Extended and expanded partnership with Major League Baseball through 2032 Announced agreement to acquire IMG ARENA and its global sports betting rights portfolio ST. GALLEN, Switzerland, May 12, 2025 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, today announced financial results for its first quarter ended March 31, 2025.
Positive
The Motley Fool
1 week ago
2 Stocks I Can't Wait to Buy During the Next Market Correction
Investors never know when the next market correction -- a drop of from 10% to 20% in an index -- is coming, but we know that it will eventually happen. And because that's true, it makes sense to make a list of the stocks you'd like to buy if they dip during a correction.
Neutral
FXEmpire
2 weeks ago
Sportradar Group Scoring with Big Money
Gambling data firm Sportradar Group AG (SRAD) grows on strategy, performance.
Neutral
GlobeNewsWire
2 weeks ago
Sportradar Announces Pricing of Public Offering of Class A Ordinary Shares by Selling Shareholders and Concurrent Share Repurchase
ST. GALLEN, Switzerland, April 24, 2025 (GLOBE NEWSWIRE) -- Sportradar Group AG (Nasdaq: SRAD) (“Sportradar” or the “Company”) today announced the pricing of the previously announced secondary public offering of an aggregate of 23,000,000 Class A ordinary shares of the Company (the “Secondary Offering”) by an affiliate of Canada Pension Plan Investment Board, an affiliate of TCV, and Carsten Koerl, the Company's Chief Executive Officer (collectively, the “Selling Shareholders”), at a price to the public of $22.50 per share. The underwriters have been granted a 30-day option to purchase up to an additional 3,450,000 Class A ordinary shares from certain of the Selling Shareholders.
Neutral
GlobeNewsWire
3 weeks ago
Sportradar Announces Launch of Public Offering of Class A Ordinary Shares by Selling Shareholders and Concurrent Share Repurchase
ST. GALLEN, Switzerland, April 22, 2025 (GLOBE NEWSWIRE) -- Sportradar Group AG (Nasdaq: SRAD) (“Sportradar” or the “Company”) today announced a proposed secondary public offering of an aggregate of 23,000,000 Class A ordinary shares of the Company (the “Secondary Offering”) by an affiliate of Canada Pension Plan Investment Board, an affiliate of Technology Crossover Ventures, and Carsten Koerl, the Company's Chief Executive Officer (collectively, the “Selling Shareholders”). The underwriters will have a 30-day option to purchase up to an additional 3,450,000 Class A ordinary shares from the Selling Shareholders.
Positive
Benzinga
3 weeks ago
Sportradar Stock Soars As Analyst Sees 15% Growth, AI Upside
BofA Securities analyst Shaun C. Kelley upgraded Sportradar Group SRAD from Underperform to Buy, raising the price forecast to $28 from $12.
Positive
Seeking Alpha
3 weeks ago
The Bet Paid Off: Sportradar Nears IPO Highs
Sportradar Group shares have surged 38% YTD and 140% over the last year, seen as a safe haven amid market uncertainty despite a high valuation. Investors are eying significant margin expansion coupled with increasing free cash flow conversion over the next years. This is thanks to long-lasting sport rights that SRAD has acquired. Recurring expenses for sports rights acquisitions could dampen farther away FCF.
Neutral
Zacks Investment Research
3 weeks ago
3 Leisure & Recreation Stocks to Buy Despite Industry Headwinds
The Leisure and Recreation Products industry faces challenges due to an uncertain economy. However, stocks like SRAD, YETI and AOUT are likely to defy the industry headwinds.
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