Sportradar Group (NASDAQ:SRAD) Stock Rating Lowered by Wells Fargo & Company

Sportradar Group (NASDAQ:SRAD) was downgraded by equities researchers at Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

A number of other analysts have also commented on the company. Guggenheim cut their price target on Sportradar Group from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Monday. BTIG Research downgraded Sportradar Group from a “buy” rating to a “neutral” rating in a report on Tuesday. Freedom Capital raised Sportradar Group to a “strong-buy” rating in a research report on Monday, July 20th. JPMorgan Chase & Co. cut their target price on Sportradar Group from $17.00 to $15.00 and set a “neutral” rating on the stock in a research note on Tuesday. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Sportradar Group in a research report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $20.69.

Sportradar Group Trading Up 4.6%

Shares of NASDAQ:SRAD opened at $12.91 on Monday. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 53.79 and a beta of 1.61. Sportradar Group has a 12 month low of $11.55 and a 12 month high of $32.22. The company’s fifty day simple moving average is $14.81 and its 200 day simple moving average is $15.98. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.06.

Sportradar Group (NASDAQ:SRAD) last announced its earnings results on Tuesday, June 30th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $431.19 million during the quarter. Sportradar Group had a return on equity of 1.81% and a net margin of 1.23%. As a group, research analysts forecast that Sportradar Group will post 0.39 EPS for the current fiscal year.

Hedge Funds Weigh In On Sportradar Group

A number of large investors have recently modified their holdings of SRAD. Jericho Capital Asset Management L.P. bought a new position in shares of Sportradar Group in the 4th quarter valued at about $75,117,000. Spruce House Investment Management LLC acquired a new stake in shares of Sportradar Group in the first quarter valued at about $46,035,000. The Manufacturers Life Insurance Company raised its holdings in Sportradar Group by 963.6% during the first quarter. The Manufacturers Life Insurance Company now owns 2,463,421 shares of the company’s stock worth $41,238,000 after acquiring an additional 2,231,810 shares in the last quarter. Stephens Investment Management Group LLC bought a new stake in Sportradar Group during the fourth quarter worth about $52,643,000. Finally, Assenagon Asset Management S.A. bought a new stake in Sportradar Group during the second quarter worth about $32,811,000.

Key Sportradar Group News

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

• Positive Sentiment: Despite the earnings miss, Sportradar reported 19% year-over-year revenue growth to €377.8 million, while adjusted EBITDA increased 19% to €76.3 million and the margin expanded to 20.2%. Operating cash flow and free cash flow also improved. Sportradar Q2 2026 results
• Positive Sentiment: The company highlighted new partnerships with prediction-market operators Kalshi and Polymarket, renewed Wimbledon rights, and a $140 million share repurchase during the quarter—potential longer-term growth and shareholder-support catalysts.
• Neutral Sentiment: Unusually heavy call-option activity was reported, with nearly 7,000 calls purchased—about 77% above average volume. This may indicate speculative bullish positioning but does not guarantee buying in the underlying stock. Sportradar options trading
• Negative Sentiment: Second-quarter EPS was a $0.01 loss versus the $0.07 consensus estimate, and revenue of approximately $431.2 million came in below the roughly $436 million forecast. The company also posted a €4 million net loss, compared with a €49 million profit a year earlier, largely because of unfavorable foreign-currency effects. Sportradar Q2 earnings miss
• Negative Sentiment: Investors reacted negatively to the weaker outlook and moderating U.S. growth. Wells Fargo downgraded SRAD to “hold” and BTIG moved to “neutral,” while Wells Fargo, JPMorgan, Truist, Citi, Citizens JMP, and Canaccord all lowered their price targets. Targets remain above the current level, but the cuts signal reduced near-term confidence.
• Negative Sentiment: The combination of a quarterly loss, currency volatility, higher sports-rights costs, severance expenses, and declining cash balances has raised concerns about profitability and execution, outweighing the company’s strong adjusted growth metrics. Sportradar 52-week low

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.