Wells Fargo & Company Lowers Sportradar Group (NASDAQ:SRAD) Price Target to $24.00

Sportradar Group (NASDAQ:SRAD) had its price objective lowered by equities research analysts at Wells Fargo & Company from $26.00 to $24.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target would suggest a potential upside of 24.68% from the stock’s current price.

A number of other equities analysts also recently commented on SRAD. Weiss Ratings restated a “sell (d+)” rating on shares of Sportradar Group in a research note on Monday, December 29th. Truist Financial set a $32.00 target price on Sportradar Group in a report on Tuesday. Stifel Nicolaus began coverage on Sportradar Group in a research note on Thursday, January 22nd. They issued a “buy” rating and a $28.00 price target for the company. BTIG Research lowered their price target on Sportradar Group from $32.00 to $24.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Needham & Company LLC dropped their price objective on Sportradar Group from $34.00 to $27.00 and set a “buy” rating on the stock in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Sportradar Group has a consensus rating of “Moderate Buy” and an average target price of $30.16.

Sportradar Group Trading Up 0.1%

SRAD opened at $19.25 on Wednesday. The company has a current ratio of 1.17, a quick ratio of 1.36 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $5.76 billion, a P/E ratio of 58.34 and a beta of 2.00. The firm’s fifty day simple moving average is $19.13 and its 200 day simple moving average is $23.74. Sportradar Group has a 12 month low of $15.73 and a 12 month high of $32.22.

Sportradar Group (NASDAQ:SRAD) last posted its quarterly earnings data on Tuesday, March 3rd. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.09). The firm had revenue of $432.81 million for the quarter, compared to the consensus estimate of $369.59 million. Sportradar Group had a return on equity of 10.32% and a net margin of 7.73%.The company’s revenue was up 20.2% compared to the same quarter last year. As a group, research analysts anticipate that Sportradar Group will post 0.15 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SRAD. T. Rowe Price Investment Management Inc. raised its stake in Sportradar Group by 19.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 12,080,674 shares of the company’s stock valued at $287,158,000 after acquiring an additional 1,929,037 shares during the period. Greenhouse Funds LLLP increased its holdings in shares of Sportradar Group by 1.6% in the second 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 last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Sportradar Group by 39.3% in the third 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 during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Sportradar Group by 14.8% in the third quarter. Arrowstreet Capital Limited Partnership now owns 3,175,498 shares of the company’s stock valued at $85,421,000 after purchasing an additional 409,545 shares during the period. Finally, Jericho Capital Asset Management L.P. bought a new position in shares of Sportradar Group in the fourth quarter valued at about $75,117,000.

Trending Headlines about Sportradar Group

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

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.