Sportradar Group AG (SRAD)

NASDAQ: SRAD · IEX Real-Time Price · USD
10.01
-0.08 (-0.79%)
Dec 5, 2023, 4:00 PM EST - Market closed
-0.79%
Market Cap 3.03B
Revenue (ttm) 884.39M
Net Income (ttm) -22.87M
Shares Out 206.56M
EPS (ttm) -0.08
PE Ratio n/a
Forward PE 42.13
Dividend n/a
Ex-Dividend Date n/a
Volume 220,120
Open 10.09
Previous Close 10.09
Day's Range 9.91 - 10.18
52-Week Range 8.08 - 15.57
Beta 2.01
Analysts Buy
Price Target 12.38 (+23.68%)
Earnings Date Nov 1, 2023

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 3,977
Stock Exchange NASDAQ
Ticker Symbol SRAD
Full Company Profile

Financial Performance

In 2022, SRAD's revenue was 730.19 million, an increase of 30.11% compared to the previous year's 561.20 million. Earnings were 10.89 million, a decrease of -13.35%.

Financial numbers in EUR Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for SRAD stock is "Buy." The 12-month stock price forecast is $12.38, which is an increase of 23.68% from the latest price.

Price Target
$12.38
(23.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sportradar Appoints Jim Bombassei as Senior Vice President, Investor Relations and Corporate Finance

NEW YORK and ST. GALLEN, Switzerland, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Sportradar (NASDAQ: SRAD) today announced the appointment of Jim Bombassei as Senior Vice President, Investor Relations and Corp...

1 day ago - GlobeNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sportradar Group AG - SRAD

NEW YORK , Nov. 28, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Sportradar Group AG ("Sportradar" or the "Company") (NASDAQ: SRAD).   Such investors are advis...

7 days ago - PRNewsWire

Sportradar Announces Participation In Upcoming Conferences

ST. GALLEN, Switzerland, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive ...

7 days ago - GlobeNewsWire

Sportradar To Participate In Needham Consumer Tech And E-Commerce Virtual Conference

ST. GALLEN, Switzerland, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive ...

21 days ago - GlobeNewsWire

Sportradar Reports Third Quarter 2023 Results

Delivered 12% revenue, 38% Adjusted EBITDA growth for the third quarter Annual outlook updated with growth of 19% to 21% for revenue and 29% to 33% for Adjusted EBITDA Initiated a reduction in global ...

4 weeks ago - GlobeNewsWire

Sportradar to Release Third Quarter 2023 Financial Results on November 1, 2023

ST. GALLEN, Switzerland, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ:SRAD) (“Sportradar”), a leading global technology company focused on enabling next generation engagement in sport...

2 months ago - GlobeNewsWire

Sportradar Announces Participation in Upcoming Conferences and Affirms 2023 Annual Guidance

ST. GALLEN, Switzerland, Aug. 30, 2023 (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 Reports Strong Second Quarter 2023 Results

Delivered 23% revenue, 42% Adjusted EBITDA growth for first six months On track to deliver record annual revenue Annual outlook reaffirmed with growth of 24% to 26% for revenue and 25% to 33% for Adju...

4 months ago - GlobeNewsWire

Sportradar to Release Second Quarter 2023 Financial Results on August 9, 2023

NEW YORK, July 12, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ:SRAD) (“Sportradar”), a leading global technology company focused on enabling next generation engagement in sports by providing ...

5 months ago - GlobeNewsWire

Sportradar Wins Major Bid for CONMEBOL Rights as Official Global Betting Partner

The multi-year exclusive agreement covers worldwide rights for CONMEBOL Libertadores, CONMEBOL Sudamericana and CONMEBOL Recopa to bring competitions to fans all over the world and boost fan engagemen...

5 months ago - GlobeNewsWire

Sportradar to Participate in Upcoming Conferences

NEW YORK, May 12, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ:SRAD) (“Sportradar or the “Company”), a leading global technology company focused on enabling next generation engagement in sport...

7 months ago - GlobeNewsWire

Sportradar Reports Strong First Quarter 2023 Results

Delivered 24% revenue and 37% Adjusted EBITDA growth U.S. segment revenue grew 55% with positive Adjusted EBITDA for third consecutive quarter Annual outlook reaffirmed with growth of 24% to 26% for r...

7 months ago - GlobeNewsWire

Sportradar Names Technology Growth Executive Gerard Griffin as Chief Financial Officer

ST. GALLEN, Switzerland, April 26, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) today announced that Gerard Griffin has been named Chief Financial Officer of the company, effective May ...

7 months ago - GlobeNewsWire

Sportradar Announces Nomination of Two New Directors at Upcoming 2023 Annual General Meeting

ST. GALLEN, Switzerland, April 24, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) today announced that two highly experienced executives, Rajani Ramanathan and William Kurtz, will stand f...

8 months ago - GlobeNewsWire

Sportradar to Release First Quarter 2023 Financial Results on May 10, 2023

NEW YORK, April 12, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ:SRAD) (“Sportradar”), a leading global technology company focused on enabling next generation engagement in sports by providing...

8 months ago - GlobeNewsWire

Is Sportradar Group A Growth Stock To Bet On In 2023?

Betting stocks are getting a boost from expanding regulation in the US, and Sportradar Group (NASDAQ: SRAD) is in the mix. Its Q4 results echo a report from DraftKings (NASDAQ: SRAD) that has that com...

9 months ago - MarketBeat

Sportradar Files Its Annual Report on Form 20-F

ST. GALLEN, Switzerland, March 15, 2023 (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...

9 months ago - GlobeNewsWire

Sportradar Reports Fourth Quarter and Full Year 2022 Results

Full Year 2022 revenue growth of 30% exceeds annual 2022 outlook Fourth quarter ROW Betting segment revenue grew 29% with Adjusted EBITDA margin of 44% Fourth quarter U.S. segment revenue grew 77%; po...

9 months ago - GlobeNewsWire

Sportradar Wins Major Bid for ATP Rights

LONDON and ST. GALLEN, Switzerland, March 13, 2023 (GLOBE NEWSWIRE) -- Sportradar, a subsidiary of Sportradar Group AG (Nasdaq: SRAD), has been selected as the successful bidder for the global ATP dat...

9 months ago - GlobeNewsWire

Sportradar To Release Fourth Quarter 2022 Financial Results On March 15, 2023

NEW YORK, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ:SRAD) (“Sportradar”)   will release its financial and operating results for the fourth quarter and full year ended December 31, ...

10 months ago - GlobeNewsWire

Sportradar Appoints Severine Riviere as Chief People Officer

Company continues to scale its global leadership team to deliver accelerated growth Company continues to scale its global leadership team to deliver accelerated growth

10 months ago - GlobeNewsWire

Sportradar to Participate in 25th Annual Needham Growth Conference

NEW YORK, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ:SRAD) (“Sportradar”) announced today that Andrew Bimson, Sportradar's President and Chief Operating Officer, North America, will...

11 months ago - GlobeNewsWire

Sportradar to Participate in UBS Global TMT Conference

NEW YORK, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ:SRAD) (“Sportradar” or the “Company”) announced today that Carsten Koerl, Sportradar's Chief Executive Officer, and Ulrich Harmu...

1 year ago - GlobeNewsWire

Sportradar Reports Strong Growth and Increased Profitability and Cash Flow

U.S. segment revenue increased 61% year over year; achieved first-time profitability in the third quarter Rest of World Betting business drove strongest organic growth with high Adjusted EBITDA margin...

1 year ago - GlobeNewsWire

Carsten Koerl, CEO & Founder of Sportradar, Named EY Entrepreneur of the Year™

ZURICH, Switzerland, Oct. 28, 2022 (GLOBE NEWSWIRE) --  Sportradar's (NASDAQ: SRAD) CEO and Founder, Carsten Koerl has been named EY Entrepreneur Of The Year™  2022 in Switzerland. The EY Entrepreneur...

1 year ago - GlobeNewsWire