Needham & Company LLC Issues Pessimistic Forecast for Sportradar Group (NASDAQ:SRAD) Stock Price

Sportradar Group (NASDAQ:SRAD) had its price target cut by equities researchers at Needham & Company LLC from $34.00 to $27.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Needham & Company LLC’s target price points to a potential upside of 40.26% from the stock’s current price.

Several other research firms have also recently weighed in on SRAD. UBS Group decreased their price objective on shares of Sportradar Group from $39.00 to $35.00 and set a “buy” rating for the company in a research report on Tuesday, December 9th. Stifel Nicolaus assumed coverage on shares of Sportradar Group in a research report on Thursday, January 22nd. They set a “buy” rating and a $28.00 price target on the stock. Truist Financial set a $32.00 price objective on Sportradar Group in a research report on Tuesday. Weiss Ratings reissued a “sell (d+)” rating on shares of Sportradar Group in a research note on Monday, December 29th. Finally, Benchmark reiterated a “buy” rating on shares of Sportradar Group in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $30.16.

Sportradar Group Stock Performance

NASDAQ SRAD opened at $19.25 on Wednesday. The company has a market capitalization of $5.76 billion, a price-to-earnings ratio of 58.34 and a beta of 2.00. The company has a quick ratio of 1.36, a current ratio of 1.17 and a debt-to-equity ratio of 0.05. Sportradar Group has a twelve month low of $15.73 and a twelve month high of $32.22. The stock has a fifty day simple moving average of $19.13 and a 200 day simple moving average of $23.74.

Sportradar Group (NASDAQ:SRAD) last released its quarterly earnings results on Tuesday, March 3rd. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.09). Sportradar Group had a net margin of 7.73% and a return on equity of 10.32%. The company had revenue of $432.81 million during the quarter, compared to the consensus estimate of $369.59 million. The company’s revenue was up 20.2% on a year-over-year basis. Sell-side analysts expect that Sportradar Group will post 0.15 EPS for the current year.

Institutional Investors Weigh In On Sportradar Group

A number of hedge funds have recently added to or reduced their stakes in SRAD. T. Rowe Price Investment Management Inc. raised its position in shares of Sportradar Group by 19.0% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 12,080,674 shares of the company’s stock worth $287,158,000 after purchasing an additional 1,929,037 shares during the period. Greenhouse Funds LLLP grew its position in Sportradar Group by 1.6% in the 2nd quarter. Greenhouse Funds LLLP now owns 7,971,654 shares of the company’s stock valued at $223,844,000 after purchasing an additional 129,276 shares during the period. Massachusetts Financial Services Co. MA increased its stake in Sportradar Group by 39.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,104,947 shares of the company’s stock valued at $164,223,000 after purchasing an additional 1,721,495 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in Sportradar Group by 14.8% during the third quarter. Arrowstreet Capital Limited Partnership now owns 3,175,498 shares of the company’s stock worth $85,421,000 after buying an additional 409,545 shares during the last quarter. Finally, Jericho Capital Asset Management L.P. acquired a new position in Sportradar Group during the fourth quarter worth $75,117,000.

Sportradar Group News Summary

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

• Positive Sentiment: Record revenue and revenue beat — Sportradar reported Q4 revenue of ~$432.8M (up ~20% y/y), ahead of consensus, and management highlighted strategic growth initiatives that supported top‑line momentum. Sportradar Group AG (SRAD) Q4 2025 Earnings Call Highlights
• Positive Sentiment: Analysts still see upside — Several firms trimmed price targets but maintained buy/overweight stances (Wells Fargo, BTIG, Needham, Citizens JMP show continued conviction with reduced PTs that still imply upside vs. the current price). Analyst Coverage Summary
• Neutral Sentiment: Full earnings call and transcripts available — Management commentary and the investor presentation are posted (useful for parsing guidance, margin commentary and contract cadence). Review the call slides/transcript to assess near‑term guidance and contract timing. Earnings Call Presentation Earnings Call Transcript
• Negative Sentiment: Large EPS miss and sharp near‑term selloff — Reported EPS was about $0.01 vs. consensus ~$0.10, which drove a steep decline in the stock immediately after the release. Market commentary points to the EPS miss as the primary reason for the intraday plunge. Sportradar Stock Price Down After Weak Earnings
• Negative Sentiment: Multiple price‑target cuts — Several research firms lowered PTs (Goldman Sachs cut to $24 and moved to Neutral; others trimmed PTs while keeping buy/overweight). That compresses near‑term analyst support and may limit immediate upside. Analyst Price Target Changes

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.