Sportradar Group (NASDAQ:SRAD) Price Target Cut to $18.00 by Analysts at Truist Financial

Key Points

• Truist cut its price target for Sportradar from $26.00 to $18.00 while maintaining a "buy" rating, implying roughly a 44.7% upside from the stock's recent close (SRAD traded near $12.44).
• Sportradar reported a Q1 miss — EPS of ($0.02) vs. $0.06 expected and revenue of $401.1M vs. $417.9M — prompting multiple analyst target reductions and weighing on sentiment.
• Management actions include a $250M enhanced open‑market share repurchase program (≈$90M repurchased so far) and the hiring of ex‑Entain executive Sameer Deen as COO, but short‑seller allegations and several securities‑law investigations have increased legal and market risk.

Sportradar Group (NASDAQ:SRAD - Get Free Report) had its price target dropped by investment analysts at Truist Financial from $26.00 to $18.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. Truist Financial's price target would indicate a potential upside of 44.67% from the stock's previous close.

Several other research analysts have also recently issued reports on SRAD. Guggenheim restated a "buy" rating on shares of Sportradar Group in a report on Tuesday, March 3rd. Citizens Jmp dropped their target price on shares of Sportradar Group from $34.00 to $31.00 and set a "market outperform" rating for the company in a report on Wednesday, March 4th. The Goldman Sachs Group dropped their price objective on Sportradar Group from $35.00 to $24.00 and set a "neutral" rating for the company in a report on Wednesday, March 4th. BTIG Research reduced their target price on Sportradar Group from $23.00 to $18.00 and set a "buy" rating on the stock in a research note on Tuesday. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Sportradar Group in a research note on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $26.80.

Sportradar Group Trading Up 0.7%

NASDAQ SRAD traded up $0.09 during trading on Wednesday, hitting $12.44. 349,723 shares of the company's stock traded hands, compared to its average volume of 3,251,360. The firm has a market cap of $3.73 billion, a P/E ratio of 37.70 and a beta of 1.98. The stock has a fifty day moving average of $17.31 and a two-hundred day moving average of $20.34. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.17 and a quick ratio of 1.17. Sportradar Group has a 12-month low of $11.66 and a 12-month high of $32.22.

Sportradar Group (NASDAQ:SRAD - Get Free Report) last issued its earnings results on Tuesday, April 28th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.08). The company had revenue of $401.11 million for the quarter, compared to analysts' expectations of $417.86 million. Sportradar Group had a net margin of 7.73% and a return on equity of 10.32%. The company's revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.07 earnings per share. As a group, sell-side analysts expect that Sportradar Group will post 0.53 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd increased its stake in shares of Sportradar Group by 93.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,286 shares of the company's stock valued at $31,000 after purchasing an additional 620 shares in the last quarter. Empowered Funds LLC purchased a new position in Sportradar Group during the fourth quarter valued at $31,000. Tower Research Capital LLC TRC boosted its holdings in Sportradar Group by 10,125.0% in the second quarter. Tower Research Capital LLC TRC now owns 1,636 shares of the company's stock worth $46,000 after acquiring an additional 1,620 shares in the last quarter. Itau Unibanco Holding S.A. bought a new position in shares of Sportradar Group during the fourth quarter valued at $45,000. Finally, CWM LLC increased its holdings in shares of Sportradar Group by 316.0% during the fourth quarter. CWM LLC now owns 2,475 shares of the company's stock valued at $59,000 after acquiring an additional 1,880 shares in the last quarter.

Key Sportradar Group News

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

• Positive Sentiment: Sportradar announced a $250 million enhanced open‑market share repurchase program and said it repurchased $90 million to date — a direct capital-return action that supports the stock. Press Release
• Positive Sentiment: Sportradar hired Sameer Deen (ex‑Entain) as Chief Operating Officer effective May 18 — a senior industry hire that could help execution and commercial growth. COO Announcement
• Positive Sentiment: Unusual options activity: notable increase in call buying (6,202 calls), which can indicate short‑term bullish/speculative interest in SRAD shares (may increase volatility). (No link available)
• Neutral Sentiment: Some sell‑side firms cut price targets (BTIG: $23→$18; Needham: $27→$19) but retained "buy" ratings — this reduces analyst upside math but keeps institutional buy guidance intact. Benzinga
• Negative Sentiment: Short‑seller reports from Muddy Waters and Callisto alleged Sportradar's partner distribution model facilitated illegal gambling, claims that spooked the market and triggered the >20% intra‑day decline. Short‑seller Allegations
• Negative Sentiment: Multiple securities‑law firms and investor‑plaintiff alerts (Pomerantz, BFA Law, Kessler Topaz, Hagens Berman, Block & Leviton, Kirby McInerney, etc.) have opened investigations into possible securities fraud — increasing legal risk and selling pressure. Investor Alerts
• Negative Sentiment: Q1 results: SRAD missed consensus (EPS shortfall of ~$0.08; revenue €347M / $401M vs. consensus ~$418M) — a fundamental miss that compounds the market's concern about growth and disclosure. Earnings Miss

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.

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