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

Sportradar Group (NASDAQ:SRAD) had its price target cut by analysts at Citizens Jmp from $24.00 to $20.00 in a report released on Tuesday,Benzinga reports. The firm currently has a “market outperform” rating on the stock. Citizens Jmp’s price objective would suggest a potential upside of 59.59% from the stock’s current price.

Several other analysts have also weighed in on the stock. UBS Group reaffirmed a “buy” rating on shares of Sportradar Group in a report on Tuesday, June 9th. Benchmark restated a “buy” rating on shares of Sportradar Group in a research report on Thursday, July 9th. Citigroup reaffirmed a “market outperform” rating on shares of Sportradar Group in a report on Tuesday. Freedom Capital upgraded Sportradar Group to a “strong-buy” rating in a research report on Monday, July 20th. Finally, Jefferies Financial Group downgraded shares of Sportradar Group from a “buy” rating to a “hold” rating and reduced their price target for the stock from $30.00 to $14.00 in a research report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $22.00.

Sportradar Group Stock Up 1.6%

SRAD opened at $12.53 on Tuesday. The firm has a market cap of $3.75 billion, a price-to-earnings ratio of 51.64 and a beta of 1.61. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.06 and a current ratio of 1.06. The firm’s 50-day simple moving average is $14.81 and its 200-day simple moving average is $16.03. Sportradar Group has a twelve month low of $11.55 and a twelve month high of $32.22.

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

Institutional Investors Weigh In On Sportradar Group

Institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Sportradar Group in the first quarter worth $573,000. Goldman Sachs Group Inc. lifted its stake in Sportradar Group by 175.4% in the first quarter. Goldman Sachs Group Inc. now owns 610,384 shares of the company’s stock valued at $13,197,000 after acquiring an additional 388,769 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Sportradar Group by 5.3% in the 2nd quarter. Geode Capital Management LLC now owns 182,112 shares of the company’s stock valued at $5,114,000 after acquiring an additional 9,162 shares during the period. Cetera Investment Advisers acquired a new position in shares of Sportradar Group during the 2nd quarter worth about $316,000. Finally, Legal & General Group Plc acquired a new position in shares of Sportradar Group during the 2nd quarter worth about $260,000.

Key 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.