Sportradar Group (NASDAQ:SRAD) Announces Earnings Results, Misses Estimates By $0.08 EPS

Sportradar Group (NASDAQ:SRAD) issued its quarterly earnings data on Tuesday. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.08), Zacks reports. The business had revenue of $401.11 million during the quarter, compared to the consensus estimate of $417.86 million. Sportradar Group had a return on equity of 10.32% and a net margin of 7.73%.The business’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period last year, the firm earned $0.07 EPS.

Here are the key takeaways from Sportradar Group’s conference call:

• Q1 results showed continued growth with EUR 347m revenue (+11% y/y), EUR 66m adjusted EBITDA (19% margin) and strong cash generation (FCF EUR 44m; 67% conversion).
• Management reaffirmed full‑year 2026 guidance — constant‑currency revenue growth of 23–25% (≈EUR 1.56–1.58bn) and adjusted EBITDA of EUR 390–400m, targeting ~200–225 bps margin expansion.
• Board approved an enhanced open‑market buyback ( EUR 250m ) under a EUR 1bn authorization; the company repurchased ~EUR 90m in Q1 (total ~EUR 228m) and the CEO plans a personal EUR 10m purchase, signaling management confidence.
• Management rebutted recent short‑seller reports, filed a 6‑K on KYC/compliance and says it does not work with illegal (black‑market) operators, but acknowledged piracy and estimates low‑ to mid‑single‑digit revenue exposure to gray markets — a reputational and regulatory risk.
• Accelerating commercialization of the IMG rights and product integrations — >75% of core betting clients consuming IMG content, expectation to exceed the 25% synergy target, and streaming volume growth (from ~525k to >700k matches) plus active discussions to monetize prediction markets.

Sportradar Group Stock Performance

Shares of NASDAQ SRAD traded up $0.60 during mid-day trading on Thursday, hitting $13.22. The stock had a trading volume of 2,142,252 shares, compared to its average volume of 3,297,073. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.17 and a current ratio of 1.17. The company has a 50 day moving average of $17.22 and a two-hundred day moving average of $20.29. Sportradar Group has a twelve month low of $11.66 and a twelve month high of $32.22. The firm has a market cap of $3.96 billion, a PE ratio of 40.07 and a beta of 1.98.

Sportradar Group News Roundup

Here are the key news stories impacting Sportradar Group this week:

• Positive Sentiment: Management hire — Sportradar named Entain veteran Sameer Deen as COO, which investors may view as a strengthening of operational leadership and execution capacity. Sportradar nabs Entain’s Sameer Deen for COO role
• Positive Sentiment: Broker support persists — Multiple firms lowered price targets but retained “buy”/“overweight” ratings (Guggenheim, Citigroup, Benchmark, Wells Fargo, Truist, Stifel, BTIG, Needham). That keeps analyst-sponsored upside narratives alive despite the recent selloff. Analyst coverage summary
• Neutral Sentiment: Q1 results were mixed — Revenue grew year‑over‑year but the quarter missed EPS and consensus revenue expectations, prompting concern about near‑term performance; full Q1 call transcript and presentation are available for detail. Q1 earnings highlights
• Negative Sentiment: Short‑seller reports (Muddy Waters/Callisto) accused Sportradar of facilitating illegal gambling via its data distribution, triggering a sharp share drop and sustained volatility. That is the primary catalyst for recent losses. Investor alert on short‑seller allegations
• Negative Sentiment: Multiple law firms have opened investigations and are soliciting clients (Kessler Topaz, Rosen, Pomerantz, BFA, others), increasing litigation risk and potential financial/management distraction. Kessler Topaz investigation notice
• Negative Sentiment: Shares hit a 52‑week low after Q1 and analyst downgrades/price‑target cuts; several outlets report downward pressure and lowered street expectations. 52‑week low coverage

Hedge Funds Weigh In On Sportradar Group

Several hedge funds have recently made changes to their positions in SRAD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Sportradar Group in the 1st quarter valued at $573,000. Goldman Sachs Group Inc. lifted its stake in Sportradar Group by 175.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 610,384 shares of the company’s stock valued at $13,197,000 after buying an additional 388,769 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Sportradar Group by 5.3% during the 2nd quarter. Geode Capital Management LLC now owns 182,112 shares of the company’s stock worth $5,114,000 after buying an additional 9,162 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of Sportradar Group during the 2nd quarter worth approximately $316,000. Finally, Legal & General Group Plc acquired a new stake in shares of Sportradar Group during the 2nd quarter worth approximately $260,000.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on SRAD shares. Wells Fargo & Company reduced their price target on Sportradar Group from $24.00 to $17.00 and set an “overweight” rating on the stock in a research report on Wednesday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Sportradar Group in a research report on Friday, March 27th. Morgan Stanley upped their price target on Sportradar Group from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 8th. Citizens Jmp reduced their price target on Sportradar Group from $34.00 to $31.00 and set a “market outperform” rating on the stock in a research report on Wednesday, March 4th. Finally, Citigroup reduced their price target on Sportradar Group from $28.00 to $23.00 and set a “buy” rating on the stock in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Sportradar Group has an average rating of “Moderate Buy” and an average price target of $25.24.

About Sportradar Group

Sportradar Group is a global leader in digital sports data and content, delivering real-time statistics, analytics and sports betting solutions to clients across the gaming, media and sports federation sectors. The company aggregates and processes live data from more than 800,000 sporting events each year, providing feeds for pre-match and in-play odds, visualization tools and managed trading services. Its products also include integrity services, which monitor betting markets for irregularities and help sports organizations safeguard competition outcomes.

Founded in 2001 and headquartered in St.