Citizens Jmp Lowers Sportradar Group (NASDAQ:SRAD) Price Target to $24.00

Sportradar Group (NASDAQ:SRAD) had its target price lowered by analysts at Citizens Jmp from $26.00 to $24.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a “market outperform” rating on the stock. Citizens Jmp’s target price indicates a potential upside of 51.32% from the stock’s current price.

Several other analysts have also issued reports on SRAD. Citigroup dropped their target price on shares of Sportradar Group from $28.00 to $23.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. BTIG Research reduced their price target on shares of Sportradar Group from $23.00 to $18.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. Wells Fargo & Company lowered their price objective on Sportradar Group from $24.00 to $17.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Jefferies Financial Group lowered Sportradar Group from a “buy” rating to a “hold” rating and cut their price objective for the stock from $30.00 to $14.00 in a research note on Friday, April 24th. Finally, Benchmark reduced their target price on Sportradar Group from $23.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.12.

Sportradar Group Stock Down 1.6%

Sportradar Group stock opened at $15.86 on Wednesday. The stock has a market capitalization of $4.75 billion, a PE ratio of 66.08 and a beta of 1.60. Sportradar Group has a 12 month low of $11.66 and a 12 month high of $32.22. The business has a 50 day simple moving average of $14.15 and a 200-day simple moving average of $17.07. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.06 and a quick ratio of 1.06.

Sportradar Group (NASDAQ:SRAD) last announced its earnings results on Wednesday, April 29th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.08). Sportradar Group had a net margin of 5.20% and a return on equity of 7.28%. The business had revenue of $401.11 million for the quarter, compared to analysts’ expectations of $417.86 million. During the same quarter last year, the business earned $0.07 EPS. The company’s quarterly revenue was up 11.3% on a year-over-year basis. On average, analysts anticipate that Sportradar Group will post 0.4 EPS for the current fiscal year.

Insider Activity at Sportradar Group

In other news, Director William Kurtz bought 8,000 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were bought at an average cost of $12.97 per share, for a total transaction of $103,760.00. Following the acquisition, the director directly owned 30,179 shares of the company’s stock, valued at $391,421.63. This trade represents a 36.07% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Marc Walder purchased 66,000 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were purchased at an average price of $12.77 per share, with a total value of $842,820.00. Following the acquisition, the director directly owned 342,563 shares in the company, valued at approximately $4,374,529.51. The trade was a 23.86% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 357,893 shares of company stock valued at $4,668,220 over the last ninety days.

Institutional Trading of Sportradar Group

Several institutional investors and hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Sportradar Group during the first quarter worth about $573,000. Goldman Sachs Group Inc. lifted its holdings in shares of Sportradar Group by 175.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 610,384 shares of the company’s stock worth $13,197,000 after acquiring an additional 388,769 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Sportradar Group by 5.3% in the 2nd quarter. Geode Capital Management LLC now owns 182,112 shares of the company’s stock worth $5,114,000 after acquiring an additional 9,162 shares during the last quarter. Cetera Investment Advisers purchased a new position in shares of Sportradar Group during the 2nd quarter worth approximately $316,000. Finally, Legal & General Group Plc acquired a new stake in Sportradar Group in the 2nd quarter valued at approximately $260,000.

Key Sportradar Group News

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

• Neutral Sentiment: Multiple law firms reiterated July 17, 2026 lead-plaintiff deadlines in the existing Sportradar securities class action, keeping legal overhang in focus for shareholders.
• Neutral Sentiment: Several notices cite allegations that Sportradar made misleading statements about compliance and its relationship with gambling operators, which may continue to weigh on sentiment until the case advances further.
• Negative Sentiment: The repeated litigation alerts and references to substantial investor losses can pressure the stock by reminding the market of potential legal costs, distraction, and reputational damage for Sportradar Group AG (SRAD).

Sportradar Group Company Profile

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.