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Sportradar Group AG ( (SRAD) ) has issued an update.
On May 12, 2025, Sportradar Group AG announced its financial results for the first quarter of 2025, showcasing a 17% increase in revenue to €311 million and a profit of €24 million. The company reported strong growth across its product suite, with significant contributions from Betting Technology & Solutions and Sports Content, Technology & Services. Notable developments included an extended partnership with Major League Baseball and an agreement to acquire IMG ARENA, which is expected to enhance Sportradar’s content offerings. These strategic moves underscore Sportradar’s robust market positioning and its role in the expanding sports ecosystem.
The most recent analyst rating on (SRAD) stock is a Buy with a $16.0000 price target. To see the full list of analyst forecasts on Sportradar Group AG stock, see the SRAD Stock Forecast page.
Spark’s Take on SRAD Stock
According to Spark, TipRanks’ AI Analyst, SRAD is a Outperform.
Sportradar Group AG has a solid financial foundation with strong revenue growth and efficient cash flow management. The technical analysis indicates upward momentum, though the stock is approaching an overbought condition. Valuation is a concern with a high P/E ratio, but positive earnings call guidance and strategic acquisitions bolster the stock’s prospects. Despite some setbacks such as net losses due to currency fluctuations, the company’s overall growth prospects remain promising.
To see Spark’s full report on SRAD stock, click here.
More about Sportradar Group AG
Sportradar Group AG is a leading global sports technology company focused on creating immersive experiences for sports fans and bettors. It offers a diverse range of products including betting technology, sports content, and integrity services, with a significant market presence in the United States and globally.
Average Trading Volume: 1,757,083
Technical Sentiment Signal: Buy
Current Market Cap: $7.17B
Learn more about SRAD stock on TipRanks’ Stock Analysis page.