Needham Thinks Sportradar Group AG’s Stock is Going to Recover

In a report released today, Bernie McTernan from Needham maintained a Buy rating on Sportradar Group AG (SRADResearch Report), with a price target of $22.00. The company’s shares closed last Thursday at $13.32, close to its 52-week low of $13.26.

According to, McTernan has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -9.1% and a 35.4% success rate. McTernan covers the Technology sector, focusing on stocks such as Genius Sports Limited, Zillow Group Class C, and Fiverr International.

Sportradar Group AG has an analyst consensus of Strong Buy, with a price target consensus of $25.20.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $28.22 and a one-year low of $13.26. Currently, Sportradar Group AG has an average volume of 425.5K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Sportradar Group AG is a technology platform enabling next-generation engagement in sports, and a provider of B2B solutions to the global sports betting industry. It generates revenue through two primary sources: subscription-based revenue and revenue sharing.

Read More on SRAD:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed