Sportradar Group (NASDAQ:SRAD) Given New $17.00 Price Target at Truist Financial

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

Other equities research analysts also recently issued reports about the company. Needham & Company LLC increased their price objective on Sportradar Group from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday. Canaccord Genuity Group dropped their target price on Sportradar Group from $24.00 to $22.00 and set a “buy” rating on the stock in a report on Friday, October 23rd. Guggenheim reduced their price target on shares of Sportradar Group from $26.00 to $23.00 and set a “buy” rating for the company in a research report on Wednesday. BTIG Research cut shares of Sportradar Group from a “buy” rating to a “neutral” rating in a report on Tuesday, August 4th. Finally, Freedom Capital raised shares of Sportradar Group to a “strong-buy” rating in a research report on Monday, July 20th. One research 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 stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $18.03.

Sportradar Group Stock Up 5.7%

NASDAQ:SRAD traded up $0.81 during trading hours on Wednesday, hitting $15.01. 732,115 shares of the stock traded hands, compared to its average volume of 2,799,534. The firm has a 50 day moving average price of $12.51 and a 200 day moving average price of $14.91. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.06. Sportradar Group has a fifty-two week low of $11.39 and a fifty-two week high of $25.57. The firm has a market cap of $4.50 billion, a price-to-earnings ratio of 249.71 and a beta of 1.66.

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

Institutional Investors Weigh In On Sportradar Group

Several large investors have recently made changes to their positions in SRAD. Spruce House Investment Management LLC acquired a new position in shares of Sportradar Group during the 1st quarter worth $46,035,000. The Manufacturers Life Insurance Company lifted its stake in shares of 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 purchasing an additional 2,231,810 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in shares of Sportradar Group in the 2nd quarter valued at $32,811,000. Principal Financial Group Inc. boosted its holdings in Sportradar Group by 34.8% in the first quarter. Principal Financial Group Inc. now owns 1,826,209 shares of the company’s stock worth $30,571,000 after purchasing an additional 471,309 shares in the last quarter. Finally, Rice Hall James & Associates LLC boosted its holdings in Sportradar Group by 38.7% in the first quarter. Rice Hall James & Associates LLC now owns 1,582,182 shares of the company’s stock worth $26,486,000 after purchasing an additional 441,765 shares in the last quarter.

Key Headlines Impacting Sportradar Group

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.