Sportradar Group (NASDAQ:SRAD) Given New $12.00 Price Target at JPMorgan Chase & Co.

Key Points

• JPMorgan cut its Sportradar price target from $13 to $12 and maintained a Neutral rating, implying 18.05% downside from the prior close.
• Analyst sentiment overall remained more positive: MarketBeat reported a Moderate Buy consensus and an average price target of $17.97, based on one Strong Buy, nine Buy, and nine Hold ratings.
• Sportradar reported quarterly revenue of $410.62 million, above the $405.74 million consensus and up 24.1% year over year, but EPS of $0.10 fell short of the $0.11 estimate.

Sportradar Group (NASDAQ:SRAD - Get Free Report) had its target price dropped by research analysts at JPMorgan Chase & Co. from $13.00 to $12.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s target price would indicate a potential downside of 18.05% from the stock's previous close.

A number of other equities research analysts also recently commented on the company. Guggenheim cut their price objective on Sportradar Group from $26.00 to $23.00 and set a "buy" rating for the company in a research report on Wednesday. Freedom Capital raised Sportradar Group to a "strong-buy" rating in a research report on Monday, July 20th. UBS Group lowered Sportradar Group from a "buy" rating to a "neutral" rating and cut their target price for the stock from $30.00 to $16.00 in a research report on Wednesday, August 5th. Citigroup reiterated a "market outperform" rating on shares of Sportradar Group in a research report on Tuesday, September 8th. Finally, Weiss Ratings cut Sportradar Group from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $17.97.

Sportradar Group Price Performance

NASDAQ SRAD traded up $0.44 on Wednesday, reaching $14.64. The company's stock had a trading volume of 1,820,790 shares, compared to its average volume of 2,804,200. Sportradar Group has a twelve month low of $11.39 and a twelve month high of $25.57. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.98 and a current ratio of 0.98. The firm's 50 day moving average is $12.51 and its two-hundred day moving average is $14.91. The stock has a market cap of $4.38 billion, a PE ratio of 244.62 and a beta of 1.66.

Sportradar Group (NASDAQ:SRAD - Get Free Report) last released its earnings results on Tuesday, November 3rd. The company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.11 by ($0.01). The business had revenue of $410.62 million during the quarter, compared to the consensus estimate of $405.74 million. Sportradar Group had a return on equity of 1.89% and a net margin of 1.23%. The firm's revenue for the quarter was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.07 earnings per share. As a group, sell-side analysts predict that Sportradar Group will post 0.21 EPS for the current year.

Hedge Funds Weigh In On Sportradar Group

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

Key Stories Impacting Sportradar Group

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

• Positive Sentiment: Third-quarter revenue rose 24% to €363 million, profit increased 20% to €27 million, and adjusted EBITDA grew 21% to €102 million. Operating cash flow rose 37%, while free cash flow increased 12%. Revenue also exceeded analysts’ expectations, supporting the positive reaction to the results. Sportradar Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Sportradar repurchased $157 million of shares in the quarter and agreed to sell Atrium Sports for $170 million, potentially sharpening its focus and adding cash. It also announced expanded partnerships with prediction-market companies. Sportradar Reports Q3 Growth, Announces Atrium Sports Divestiture
• Positive Sentiment: Truist raised its price target from $16 to $17 and maintained a Buy rating, signaling increased confidence in the shares. Truist recommendations
• Neutral Sentiment: Call-option trading surged well above its typical level, reflecting increased speculative interest but not necessarily a change in the company’s fundamentals.
• Negative Sentiment: Reported EPS was $0.10, below the $0.11 consensus cited by one report, despite beating revenue expectations. Another source reported a lower consensus estimate, so the earnings comparison varies by source. Zacks Q3 earnings report
• Negative Sentiment: Guggenheim cut its target from $26 to $23, and Citizens lowered its target from $20 to $19, citing reduced estimates. Both firms nevertheless kept favorable ratings (Buy and Market Outperform, respectively). Q3 2026 earnings call transcript Citizens price-target update

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.

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