Sportradar Group (NASDAQ:SRAD) Price Target Cut to $21.00 by Analysts at Stifel Nicolaus

Key Points

• Stifel Nicolaus cut its price target on Sportradar from $25 to $21 but kept a "buy" rating, with the new target implying roughly a 65.6% upside from the prior close.
• Sportradar missed Q1 estimates, reporting ($0.02) EPS vs. $0.06 expected and $401.1M revenue vs. $417.9M expected, despite revenue growing ~11.3% year‑over‑year.
• The company announced a $250 million enhanced share repurchase program (about $90M repurchased to date) and hired a new COO, but faces negative pressure from short‑seller allegations and multiple securities‑law investigations that raise legal and disclosure risk.

Sportradar Group (NASDAQ:SRAD - Get Free Report) had its price objective lowered by equities research analysts at Stifel Nicolaus from $25.00 to $21.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. Stifel Nicolaus' target price suggests a potential upside of 65.59% from the company's previous close.

Other research analysts have also issued research reports about the stock. Needham & Company LLC decreased their target price on shares of Sportradar Group from $27.00 to $19.00 and set a "buy" rating on the stock in a research report on Tuesday. Benchmark reiterated a "buy" rating on shares of Sportradar Group in a research report on Wednesday, January 21st. Truist Financial cut their price target on Sportradar Group from $32.00 to $26.00 and set a "buy" rating for the company in a research note on Tuesday, April 21st. Wells Fargo & Company reduced their price target on Sportradar Group from $26.00 to $24.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 4th. Finally, Jefferies Financial Group lowered Sportradar Group from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $30.00 to $14.00 in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $27.33.

Sportradar Group Stock Up 2.7%

SRAD stock opened at $12.68 on Wednesday. Sportradar Group has a fifty-two week low of $11.66 and a fifty-two week high of $32.22. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.17 and a quick ratio of 1.17. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of 38.43 and a beta of 1.98. The business's fifty day moving average price is $17.31 and its two-hundred day moving average price is $20.34.

Sportradar Group (NASDAQ:SRAD - Get Free Report) last announced its earnings results on Tuesday, April 28th. 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 7.73% and a return on equity of 10.32%. The business had revenue of $401.11 million during the quarter, compared to the consensus estimate of $417.86 million. During the same period in the previous year, the firm posted $0.07 EPS. The company's revenue was up 11.3% compared to the same quarter last year. On average, equities analysts anticipate that Sportradar Group will post 0.53 earnings per share for the current year.

Institutional Trading of Sportradar Group

Institutional investors and hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd increased its stake in Sportradar Group by 93.1% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,286 shares of the company's stock valued at $31,000 after acquiring an additional 620 shares during the last quarter. Empowered Funds LLC bought a new stake in Sportradar Group during the fourth quarter worth $31,000. Tower Research Capital LLC TRC lifted its stake in Sportradar Group by 10,125.0% during the second quarter. Tower Research Capital LLC TRC now owns 1,636 shares of the company's stock worth $46,000 after purchasing an additional 1,620 shares during the last quarter. Itau Unibanco Holding S.A. acquired a new stake in shares of Sportradar Group in the 4th quarter valued at $45,000. Finally, CWM LLC increased its stake in shares of Sportradar Group by 316.0% in the 4th quarter. CWM LLC now owns 2,475 shares of the company's stock valued at $59,000 after purchasing an additional 1,880 shares during the last quarter.

Sportradar Group News Summary

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

About Sportradar Group

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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