Stifel Nicolaus Cuts Sportradar Group (NASDAQ:SRAD) Price Target to $21.00

Sportradar Group (NASDAQ:SRAD) had its price objective trimmed by Stifel Nicolaus from $25.00 to $21.00 in a report issued on Wednesday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also issued reports on the company. Wells Fargo & Company decreased their target price on Sportradar Group from $26.00 to $24.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 4th. Weiss Ratings reissued a “sell (d+)” rating on shares of Sportradar Group in a research note on Friday, March 27th. Guggenheim reissued a “buy” rating on shares of Sportradar Group in a research note on Tuesday, March 3rd. Jefferies Financial Group lowered Sportradar Group from a “buy” rating to a “hold” rating and decreased their target price for the stock from $30.00 to $14.00 in a research note on Friday, April 24th. Finally, Morgan Stanley increased their target price on Sportradar Group from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $24.94.

Sportradar Group Stock Performance

Shares of Sportradar Group stock opened at $13.26 on Wednesday. Sportradar Group has a 52 week low of $11.66 and a 52 week high of $32.22. The business’s fifty day simple moving average is $17.13 and its 200-day simple moving average is $20.24. The firm has a market cap of $3.97 billion, a PE ratio of 55.25 and a beta of 1.66. The company has a quick ratio of 1.17, a current ratio of 1.06 and a debt-to-equity ratio of 0.06.

Sportradar Group (NASDAQ:SRAD) last announced its quarterly earnings results on Tuesday, April 28th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $417.86 million. During the same period last year, the company earned $0.07 EPS. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. Equities analysts forecast that Sportradar Group will post 0.47 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd increased its holdings in shares of Sportradar Group by 93.1% in the 4th 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 purchased a new position in shares of Sportradar Group in the 4th quarter valued at about $31,000. Itau Unibanco Holding S.A. purchased a new position in shares of Sportradar Group in the 4th quarter valued at about $45,000. Tower Research Capital LLC TRC increased its holdings in shares of Sportradar Group by 10,125.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,636 shares of the company’s stock valued at $46,000 after acquiring an additional 1,620 shares during the last quarter. Finally, CWM LLC increased its holdings 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 acquiring an additional 1,880 shares during the last quarter.

Key Sportradar Group News

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

• Positive Sentiment: Needham initiated/maintained a buy on SRAD, which can support upside by encouraging risk?on flows from institutional investors. Sportradar Group AG (SRAD) Gets a Buy from Needham
• Positive Sentiment: Sportradar expanded its undrawn revolving credit facility to €250 million, improving liquidity and giving the company financial flexibility to weather legal and operational headwinds. Sportradar Expands Undrawn Revolving Credit Facility to €250 Million
• Neutral Sentiment: UBS lowered its price target from $35 to $30 but kept a “buy” rating — a mixed signal: less upside baked into the consensus but continued analyst conviction can support buying interest. Benzinga coverage of UBS price target change
• Neutral Sentiment: Broader analyst commentary pieces are circulating (analyst insights on technology names including SRAD), contributing to volatility but not altering the core legal/operational story. Analysts Offer Insights on Technology Companies: Sportradar Group AG (SRAD)…
• Negative Sentiment: Multiple law firms (Bleichmar Fonti & Auld; Pomerantz; Rosen; Kessler Topaz; Levi & Korsinsky) have opened investigations or announced potential securities class actions against Sportradar, citing alleged misleading statements and investor losses — this legal wave increases liability risk, potential litigation costs, and investor uncertainty. Investor Notice: Sportradar Group ($SRAD) may have Committed Securities Fraud Pomerantz law firm investigation Rosen law firm notice
• Negative Sentiment: Allegations from short?sellers/research firms (Muddy Waters Capital and Callisto Research) that Sportradar may have facilitated illegal gambling distribution precipitated a sharp April selloff (~22% on April 22) and remain a material reputational and regulatory overhang. SRAD Investor Alert re: alleged misleading statements and Muddy Waters
• Negative Sentiment: Q1 weakness and subsequent analyst downgrades pushed SRAD to a 52?week low; that operational performance shortfall is a separate drag from the legal risks and helps explain elevated volatility. InsiderMonkey: SRAD hits 52-week low after Q1

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.