Sportradar Group (SRAD) Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sportradar Group in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SRAD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SRAD, but not buy additional shares or sell existing shares.
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9 brokers have issued 12 month price targets for Sportradar Group's stock. Their SRAD share price forecasts range from $11.00 to $20.00. On average, they anticipate the company's share price to reach $14.83 in the next year. This suggests a possible upside of 20.7% from the stock's current price.
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Sportradar Group's stock was trading at $9.96 at the beginning of 2023. Since then, SRAD shares have increased by 23.4% and is now trading at $12.29.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 16th 2023.
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Sportradar Group AG (NASDAQ:SRAD) released its quarterly earnings data on Wednesday, March, 15th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.14. The business had revenue of $210.64 million for the quarter, compared to analyst estimates of $203.26 million. Sportradar Group had a trailing twelve-month return on equity of 1.50% and a net margin of 1.60%.

ETFs with the largest weight of Sportradar Group (NASDAQ:SRAD) stock in their portfolio include B.A.D. Etf (BAD), Roundhill Sports Betting & iGaming ETF (BETZ), Pacer BlueStar Digital Entertainment ETF (ODDS), Renaissance IPO ETF (IPO), First Trust IPOX Europe Equity Opportunities ETF (FPXE),

Sportradar Group updated its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $983.20M-$1.00 billion, compared to the consensus revenue estimate of $1.00 billion.

(SRAD) raised $504 million in an IPO on Tuesday, September 14th 2021. The company issued 19,000,000 shares at $25.00-$28.00 per share.

Sportradar Group trades on the NASDAQ under the ticker symbol "SRAD."

Sportradar Group's stock is owned by many different retail and institutional investors. Top institutional investors include ArrowMark Colorado Holdings LLC (0.42%), Federated Hermes Inc. (0.31%), Greenhouse Funds LLLP (0.31%), Bank of America Corp DE (0.11%), UBS Group AG (0.03%) and Exchange Traded Concepts LLC (0.02%).

Shares of SRAD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SRAD stock can currently be purchased for approximately $12.29.

Sportradar Group (NASDAQ:SRAD) has a market capitalization of $13.64 billion and generates $769.46 million in revenue each year. The company earns $11.48 million in net income (profit) each year or $0.04 on an earnings per share basis.

The company employs 3,977 workers across the globe.

Sportradar Group's mailing address is FELDLISTRASSE 2, ST. GALLEN V8, CH-9000. The official website for the company is www.sportradar.com. The company can be reached via phone at 41-71-517-7200, via email at investor.relations@sportradar.com, or via fax at 41-71-517-7299.