Sportradar Group (NASDAQ:SRAD) Downgraded to Hold Rating by Wells Fargo & Company

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

Other research analysts also recently issued research reports about the stock. Citizens Jmp dropped their price target on shares of Sportradar Group from $24.00 to $20.00 and set a “market outperform” rating on the stock in a research report on Tuesday. Weiss Ratings upgraded shares of Sportradar Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday. Guggenheim decreased their price target on Sportradar Group from $28.00 to $26.00 and set a “buy” rating for the company in a report on Monday. Stifel Nicolaus lowered their price objective on Sportradar Group from $21.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, July 22nd. Finally, Benchmark reissued a “buy” rating on shares of Sportradar Group in a research note on Thursday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Sportradar Group currently has a consensus rating of “Moderate Buy” and an average target price of $20.69.

Sportradar Group Price Performance

Sportradar Group stock opened at $12.91 on Monday. The stock’s 50 day moving average is $14.81 and its 200 day moving average is $15.98. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market cap of $3.87 billion, a P/E ratio of 53.79 and a beta of 1.61. Sportradar Group has a one year low of $11.55 and a one year high of $32.22.

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

Hedge Funds Weigh In On Sportradar Group

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd grew its stake 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 buying an additional 620 shares during the period. Empowered Funds LLC acquired a new position in Sportradar Group during the 4th quarter worth approximately $31,000. Itau Unibanco Holding S.A. acquired a new position in Sportradar Group during the 4th quarter worth approximately $45,000. Tower Research Capital LLC TRC boosted its holdings in Sportradar Group by 10,125.0% in the second quarter. Tower Research Capital LLC TRC now owns 1,636 shares of the company’s stock worth $46,000 after acquiring an additional 1,620 shares in the last quarter. Finally, CWM LLC boosted its holdings in Sportradar Group by 316.0% in the fourth quarter. CWM LLC now owns 2,475 shares of the company’s stock worth $59,000 after acquiring an additional 1,880 shares in the last quarter.

Sportradar Group News Summary

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

• Positive Sentiment: Underlying operating performance remained solid: Q2 revenue rose 19% year over year to €378 million, adjusted EBITDA increased 19% to €76 million, and the margin expanded to 20.2%. Operating cash flow rose 20% to €117 million, while free cash flow increased 14% to €59 million. Sportradar Reports Second Quarter 2026 Financial Results
• Positive Sentiment: New multi-year agreements with prediction-market operators Kalshi and Polymarket, along with the Wimbledon rights extension, could expand Sportradar’s addressable market and support future growth.
• Positive Sentiment: The company repurchased $140 million of shares during the quarter and maintained a debt-free liquidity position, providing potential support for per-share value.
• Positive Sentiment: Despite lowering estimates, Truist, Citigroup and Canaccord retained “buy” ratings, while Citizens JMP maintained “market outperform.” Their revised targets of $16 to $24 remain above the current trading level. Analyst price-target updates
• Neutral Sentiment: Options activity was unusually high, with call volume approximately 77% above average, indicating speculative bullish interest but not necessarily a change in fundamentals.
• Negative Sentiment: Reported EPS was a $0.01 loss versus consensus expectations for a $0.06–$0.07 profit, and revenue of approximately $431 million also fell short of estimates near $436 million. Sportradar Q2 earnings report
• Negative Sentiment: Sportradar posted a €4 million quarterly loss, compared with a €49 million profit a year earlier, largely because of unfavorable foreign-currency effects. U.S. growth also moderated.
• Negative Sentiment: Analysts broadly cut targets: JPMorgan lowered its target to $15 and kept a “neutral” rating, Wells Fargo reduced its target to $14, and BTIG reaffirmed “neutral.” These revisions suggest expectations for earnings recovery have been pushed out. Analysts cut Sportradar forecasts

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.