Citigroup Issues Pessimistic Forecast for Sportradar Group (NASDAQ:SRAD) Stock Price

Sportradar Group (NASDAQ:SRAD) had its price objective cut by research analysts at Citigroup from $23.00 to $20.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Citigroup’s target price points to a potential upside of 59.68% from the stock’s current price.

A number of other research analysts also recently weighed in on SRAD. UBS Group restated a “buy” rating on shares of Sportradar Group in a research report on Tuesday, June 9th. Citizens Jmp cut their price objective on Sportradar Group from $24.00 to $20.00 and set a “market outperform” rating for the company in a report on Tuesday. Zacks Research cut Sportradar Group from a “hold” rating to a “strong sell” rating in a research report on Friday, July 17th. Freedom Capital raised Sportradar Group to a “strong-buy” rating in a research report on Monday, July 20th. Finally, Guggenheim cut their price target on Sportradar Group from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $21.81.

Sportradar Group Stock Up 1.5%

Shares of NASDAQ SRAD traded up $0.18 during midday trading on Tuesday, hitting $12.53. The stock had a trading volume of 1,801,116 shares, compared to its average volume of 3,044,393. The business’s 50 day moving average is $14.81 and its 200-day moving average is $16.03. Sportradar Group has a 52 week low of $11.55 and a 52 week high of $32.22. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.06. The company has a market cap of $3.75 billion, a P/E ratio of 52.23 and a beta of 1.61.

Sportradar Group (NASDAQ:SRAD) last announced its quarterly earnings data on Tuesday, June 30th. The company reported ($0.01) earnings per share for the quarter. Sportradar Group had a return on equity of 7.28% and a net margin of 5.20%.The firm had revenue of $431.19 million during the quarter. As a group, analysts predict that Sportradar Group will post 0.39 EPS for the current year.

Hedge Funds Weigh In On Sportradar Group

Several large investors have recently added to or reduced their stakes in the company. Jericho Capital Asset Management L.P. bought a new stake in Sportradar Group during the fourth quarter valued at about $75,117,000. Spruce House Investment Management LLC bought a new stake in Sportradar Group during the 1st quarter valued at approximately $46,035,000. The Manufacturers Life Insurance Company lifted its holdings 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 worth $41,238,000 after purchasing an additional 2,231,810 shares in the last quarter. Stephens Investment Management Group LLC bought a new position in Sportradar Group in the 4th quarter worth approximately $52,643,000. Finally, Assenagon Asset Management S.A. purchased a new stake in Sportradar Group during the 2nd quarter valued at approximately $32,811,000.

More Sportradar Group News

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

• Positive Sentiment: Q2 revenue increased 19% year over year to €378 million, while Adjusted EBITDA rose 19% to €76 million and the margin expanded to 20.2%. Operating cash flow increased 20% to €117 million and free cash flow rose 14% to €59 million. Sportradar Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Sportradar announced strategic agreements with prediction-market operators Kalshi and Polymarket, expanded its premium sports-rights portfolio through a Wimbledon extension, and continued development of its Playradar iGaming platform.
• Positive Sentiment: The company repurchased approximately $140 million of shares during the quarter, has no debt outstanding under its reported liquidity structure, and executives have made substantial open-market purchases in recent months.
• Neutral Sentiment: Options activity was unusually high, with call volume approximately 77% above average, indicating increased trading interest but not necessarily a clear directional view.
• Negative Sentiment: Reported EPS was a $0.01 loss, missing the roughly $0.06–$0.07 consensus estimate and comparing with a profit in the prior-year quarter. Revenue also fell short of analyst expectations. Sportradar Reports Q2 Loss, Lags Revenue Estimates
• Negative Sentiment: Net income swung to a €4 million loss, primarily because of a €9 million foreign-exchange loss versus a €54 million gain a year earlier. Slower U.S. market growth and higher sport-rights costs also weighed on results.
• Negative Sentiment: Management’s updated 2026 outlook calls for constant-currency revenue growth of 19%–21%, with reported revenue of approximately €1.518–€1.533 billion. The reset prompted analysts to lower targets: Canaccord reduced its target to $24 but retained a buy rating, while Wells Fargo cut its target to $14 and maintained equal weight. Analysts Cut Forecasts Following Weak Q2 Results

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.