Sportradar Group AG (SRAD)

NASDAQ: SRAD · Real-Time Price · USD
17.50
+0.12 (0.66%)
At close: Nov 20, 2024, 4:00 PM
17.86
+0.36 (2.09%)
After-hours: Nov 20, 2024, 7:30 PM EST
0.66%
Market Cap 5.22B
Revenue (ttm) 1.17B
Net Income (ttm) 65.41M
Shares Out 298.16M
EPS (ttm) 0.20
PE Ratio 86.11
Forward PE 86.25
Dividend n/a
Ex-Dividend Date n/a
Volume 904,345
Open 17.37
Previous Close 17.38
Day's Range 17.08 - 17.85
52-Week Range 9.17 - 17.85
Beta 2.05
Analysts Strong Buy
Price Target 15.56 (-11.06%)
Earnings Date Nov 7, 2024

About SRAD

Sportradar Group AG, together with its subsidiaries, provides sports data services for the sports betting and media industries in the United Kingdom, the United States, Malta, Switzerland, and internationally. Its sports data services to the bookmaking under the Betradar brand name, and to the international media industry under the Sportradar Media Services brand name. The company offers mission-critical software, data, and content to sports leagues and federations, betting operators, and media companies. It also provides sports entertainment, ... [Read more]

Sector Technology
IPO Date Sep 14, 2021
Employees 4,383
Stock Exchange NASDAQ
Ticker Symbol SRAD
Full Company Profile

Financial Performance

In 2023, Sportradar Group AG's revenue was 877.62 million, an increase of 20.19% compared to the previous year's 730.19 million. Earnings were 34.66 million, an increase of 218.20%.

Financial numbers in EUR Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for SRAD stock is "Strong Buy." The 12-month stock price forecast is $15.56, which is a decrease of -11.06% from the latest price.

Price Target
$15.56
(-11.06% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Sportradar Group AG (SRAD) Q3 2024 Earnings Call Transcript

Sportradar Group AG (NASDAQ:SRAD) Q3 2024 Results Conference Call November 7, 2024 8:00 AM ET Company Participants Jim Bombassei - Senior Vice President, Investor Relations Carsten Koerl - Chief Exec...

11 days ago - Seeking Alpha

Sportradar Reports Third Quarter 2024 Financial Results and Further Raises Full Year 2024 Outlook

Third Quarter 2024 Highlights Revenue increased 27% to €255 million Profit for the period increased €33 million to €37 million and expanded to 14.5% as a percentage of revenue Adjusted EBITDA1 increas...

13 days ago - GlobeNewsWire

Sportradar Deepens Official Partnership with NBA with Launch of Innovative, Value-Add Fan Engagement Solutions

New and Expanded Offerings Foster Personalization and Deeper Fan Engagement for NBA New and Expanded Offerings Foster Personalization and Deeper Fan Engagement for NBA

4 weeks ago - GlobeNewsWire

Sportradar to Release Third Quarter Financial and Operating Results on November 7, 2024

ST. GALLEN, Switzerland, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar”) will release its financial and operating results for the third quarter ended September 30, ...

5 weeks ago - GlobeNewsWire

Sportradar's Growth Runway Is Undervalued (Rating Upgrade)

Sportradar has continued growing incredibly well, and the growth in the US, Brazil, and Africa, as well as sports rights expansion, provides a great runway ahead. The company focuses on pushing operat...

7 weeks ago - Seeking Alpha

Sportradar Drives Betting Innovation with Micro Markets Expansion

ST. GALLEN, Switzerland, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Sportradar (NASDAQ: SRAD) is set to further transform the betting landscape with the launch of micro markets, the next generation of in-play...

2 months ago - GlobeNewsWire

Sportradar Announces Upcoming Investor Conference Participation Schedule

ST. GALLEN, Switzerland, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar”), a leading global sports technology company focused on creating immersive experiences for s...

3 months ago - GlobeNewsWire

Sportradar (SRAD) CEO: "We are Confident We Will Deliver in the Future"

Sportradar (SRAD) reported record revenue in its latest earnings, though shares for the tech-media company dropped on Tuesday. Sportradar's CEO, Carsten Koerl, says he is focused on growth in the quar...

3 months ago - Schwab Network

Sportradar Group AG (SRAD) Q2 2024 Earnings Call Transcript

Sportradar Group AG (NASDAQ:SRAD) Q2 2024 Earnings Conference Call August 13, 2024 8:30 AM ET Company Participants Jim Bombassei - Senior Vice President, Investor Relations Carsten Koerl - Chief Exec...

3 months ago - Seeking Alpha

Sportradar Reports Second Quarter 2024 Financial and Operating Results

Achieved Record Revenue of €278 Million, Up 29% Year-over-Year Generated Strong Cash Flow from Operating Activities Further Raising 2024 Outlook for Revenue and Adjusted EBITDA

3 months ago - GlobeNewsWire

Sportradar to Participate in Canaccord Genuity 44th Annual Growth Conference

ST. GALLEN, Switzerland, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive ...

3 months ago - GlobeNewsWire

Sportradar to Release Second Quarter Financial and Operational Results on August 13, 2024

ST. GALLEN, Switzerland, July 17, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar”) will release its financial and operating results for the second quarter ended June 30, 2024...

4 months ago - GlobeNewsWire

Sportradar Secures Major Client Wins on Strength of Managed Trading Services

Sportradar's Managed Trading Services See Significant Global Adoption in H1 2024 Notable client wins in South America and Africa highlight growth ST. GALLEN, Switzerland, July 01, 2024 (GLOBE NEWSWIRE...

5 months ago - GlobeNewsWire

Sportradar Group AG (SRAD) Q1 2024 Earnings Call Transcript

Sportradar Group AG (NASDAQ:SRAD) Q1 2024 Earnings Conference Call May 15, 2024 8:30 AM ET Company Participants Jim Bombassei - Head, IR Carsten Koerl - CEO Gerard Griffin - CFO Conference Call Parti...

6 months ago - Seeking Alpha

Sportradar Reports First Quarter 2024 Financial and Operating Results

Achieved Record Revenue of €266 Million, Up 28% and Grew Adjusted EBITDA 29% Raising 2024 Outlook for Revenue and Adjusted EBITDA Commencing Purchases Under Previously Announced Share Repurchase Progr...

6 months ago - GlobeNewsWire

Sportradar to Participate in the J.P. Morgan Global Technology, Media and Communications Conference on May 21

ST. GALLEN, Switzerland, May 09, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), a leading global sports technology company, today announced that Carsten K...

6 months ago - GlobeNewsWire

Sportradar Appoints Behshad Behzadi as Company's Chief Technology Officer and Chief Artificial Intelligence Officer

Recognized global technology leader and co-founder of transformative Google products to accelerate the adoption of AI and product development Recognized global technology leader and co-founder of tran...

7 months ago - GlobeNewsWire

Sportradar to Release First Quarter Financial Results on May 15, 2024

ST. GALLEN, Switzerland, April 25, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar”) will release its financial and operating results for the first quarter ended March 31, 202...

7 months ago - GlobeNewsWire

Sportradar: 4 Reasons Shares Could Be A Good Bet In 2024

Sportradar's Q4 results were highlighted by strong margins and earnings momentum.

Other symbols: BETZDKNGGENI
7 months ago - Seeking Alpha

Sportradar and Oddin.gg Ink AV Betting Agreement to Elevate and Expand Esports Reach

PRAGUE, Czech Republic and ST. GALLEN, Switzerland, March 28, 2024 (GLOBE NEWSWIRE) -- Sportradar (NASDAQ: SRAD) and Oddin.gg, an award-winning B2B betting-solutions provider for esports, today announ...

8 months ago - GlobeNewsWire

Sportradar Group AG (SRAD) Q4 2023 Earnings Call Transcript

Sportradar Group AG (SRAD) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

Sportradar Reports Fourth Quarter and Full Year 2023 Results

Delivered record results, growing revenue 20% and Adjusted EBITDA 33% for fiscal 2023 Targeting strong outlook in 2024 of at least 20% growth in revenue and Adjusted EBITDA Authorizes $200 million Sha...

8 months ago - GlobeNewsWire

Sportradar Files Its Annual Report on Form 20-F

ST. GALLEN, Switzerland, March 20, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (the “Company”) today announced that it filed its annual report on Form 20-F for the fiscal year ended De...

8 months ago - GlobeNewsWire

Sportradar To Release Fourth Quarter And Full Year 2023 Financial Results On March 20, 2024

ST. GALLEN, Switzerland, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ:SRAD) (“Sportradar”) will release its financial and operating results for the fourth quarter ended December 31, 2...

9 months ago - GlobeNewsWire

Sportradar: Attractive Upside With Steady Fundamentals

Sportradar is a global leader in sports data and intelligence, with partnerships with major leagues and a strong presence in over 115 countries. Shares have traded lower since its IPO in 2021 but rema...

10 months ago - Seeking Alpha