Sportradar Group AG (SRAD)

NASDAQ: SRAD · IEX Real-Time Price · USD
10.65
+0.05 (0.47%)
At close: May 17, 2024, 4:00 PM
10.88
+0.23 (2.16%)
Pre-market: May 20, 2024, 8:48 AM EDT
0.47%
Market Cap 3.18B
Revenue (ttm) 1.02B
Net Income (ttm) 29.63M
Shares Out 298.16M
EPS (ttm) 0.09
PE Ratio 122.42
Forward PE 31.49
Dividend n/a
Ex-Dividend Date n/a
Volume 575,975
Open 10.58
Previous Close 10.60
Day's Range 10.48 - 10.69
52-Week Range 8.08 - 15.57
Beta 2.03
Analysts Strong Buy
Price Target 14.07 (+32.11%)
Earnings Date May 15, 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, SRAD'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 $14.07, which is an increase of 32.11% from the latest price.

Price Target
$14.07
(32.11% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

5 days 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...

11 days 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...

19 days 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...

25 days ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

2 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...

2 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...

2 months ago - GlobeNewsWire

Sportradar Announces Automated Odds Recalculation Tool, Alpha Odds, Boosted Client Profits by Average of 10% in 2023

Since 2022 and first to market, Sportradar has been transforming the status quo for trading betting markets Achieves PwC ISAE 3402 Type1 certification, validating the accuracy of its financial reconci...

3 months ago - GlobeNewsWire

Under-the-radar sports betting stocks: Genius Sports and Sportradar

CNBC's Contessa Brewer reports on sports betting stocks, and the under-the-radar stocks that investors should know about. Charles Scherr, vice president of capital markets at Genius Sports, joins the ...

Other symbols: GENI
4 months ago - CNBC Television

Sportradar Announces Additional Strategic Actions to Streamline Organizational Structure and Drive Growth and Innovation

Names Executive Leadership Team to Oversee Global Functions Company Reaffirms Fiscal 2023 Guidance and Fiscal 2024 Outlook ST. GALLEN, Switzerland, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Sportradar Group A...

4 months ago - GlobeNewsWire

Sportradar Launches FanID Connecting Rightsholders and Brands with Sports Fans in a Post-Cookie World

Sportradar FanID features first data clean room for sports industry, delivers personalized marketing at scale Sportradar FanID features first data clean room for sports industry, delivers personalized...

4 months ago - GlobeNewsWire

Sportradar Launches “Future of Tennis Betting” with ATP

ATP Service+ Unlocks Deep Data to Support Global Growth and Fan Engagement ATP Service+ Unlocks Deep Data to Support Global Growth and Fan Engagement

5 months ago - GlobeNewsWire

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

NEW YORK , Dec. 10, 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...

5 months ago - PRNewsWire

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...

5 months ago - GlobeNewsWire

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 ...

6 months 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 ...

6 months 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 ...

7 months 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...

8 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 ...

9 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...

10 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 ...

11 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...

11 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...

1 year 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...

1 year ago - GlobeNewsWire