Sportradar Group (SRAD) Stock Forecast, Price Target & Predictions


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SRAD Stock Forecast


Sportradar Group stock forecast is as follows: an average price target of $16.67 (represents a -2.51% downside from SRAD’s last price of $17.10) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

SRAD Price Target


The average price target for Sportradar Group (SRAD) is $16.67 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $18.00 to $16.00. This represents a potential -2.51% downside from SRAD's last price of $17.10.

SRAD Analyst Ratings


Buy

According to 7 Wall Street analysts, Sportradar Group's rating consensus is 'Buy'. The analyst rating breakdown for SRAD stock is 0 'Strong Buy' (0.00%), 6 'Buy' (85.71%), 1 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Sportradar Group Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 17, 2024Michael GrahamCanaccord Genuity$18.00$11.9750.38%5.26%
Sep 04, 2024Jordan BenderJMP Securities$16.00$11.4439.86%-6.43%
Aug 14, 2024David KatzJefferies$16.00$10.5651.52%-6.43%
Apr 15, 2024David KatzJefferies$11.00$10.287.00%-35.67%
Mar 26, 2024David KatzJefferies$13.00$11.2415.66%-23.98%
Mar 21, 2024Michael GrahamCanaccord Genuity$16.00$11.4639.62%-6.43%
Mar 21, 2024Bernie McTernanNeedham$16.00$11.4639.62%-6.43%

The latest Sportradar Group stock forecast, released on Sep 17, 2024 by Michael Graham from Canaccord Genuity, set a price target of $18.00, which represents a 50.38% increase from the stock price at the time of the forecast ($11.97), and a 5.26% increase from SRAD last price ($17.10).

Sportradar Group Price Target by Period


1M3M12M
# Anlaysts--7
Avg Price Target--$15.14
Last Closing Price$17.10$17.10$17.10
Upside/Downside-100.00%-100.00%-11.46%

In the current month, the average price target of Sportradar Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Sportradar Group's last price of $17.10. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Oct 21, 2024Piper SandlerOverweightUpgrade
Oct 10, 2024BenchmarkBuyBuyHold
Sep 17, 2024Canaccord GenuityBuyBuyHold
Sep 04, 2024JMP SecuritiesOutperformUpgrade
Aug 14, 2024JefferiesHoldBuyUpgrade
Jul 12, 2024Morgan StanleyEqual-WeightEqual-WeightHold
May 16, 2024JefferiesHoldHoldHold
May 16, 2024BenchmarkBuyBuyHold
Mar 26, 2024JefferiesHoldHoldHold
Mar 16, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Mar 16, 2023NeedhamBuyBuyHold
Mar 16, 2023JefferiesHoldHoldHold

Sportradar Group's last stock rating was published by Morgan Stanley on Oct 22, 2024. The company gave SRAD a "Equal-Weight" rating, the same as its previous rate.

Sportradar Group Financial Forecast


Sportradar Group Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue---------------$207.56M$206.29M$178.84M$177.19M-$152.37M$136.76M
Avg Forecast$384.42M$345.89M$378.26M$363.20M$344.62M$304.57M$333.46M$319.20M$306.15M$265.57M$282.83M$268.79M$275.07M$225.80M$240.56M$225.61M$209.26M$167.23M$177.12M$177.29M$165.73M$154.52M
High Forecast$389.40M$350.36M$383.16M$367.89M$349.08M$308.51M$337.77M$323.32M$315.34M$269.00M$286.49M$272.27M$282.02M$228.72M$243.67M$228.52M$211.97M$167.23M$177.12M$177.29M$165.73M$154.52M
Low Forecast$381.26M$343.04M$375.15M$360.21M$341.78M$302.06M$330.71M$316.57M$298.80M$263.38M$280.50M$266.58M$270.90M$223.94M$238.58M$223.75M$207.54M$167.23M$177.12M$177.29M$165.73M$154.52M
# Analysts1111111363457633222234
Surprise %---------------0.92%0.99%1.07%1.00%-0.92%0.89%

Sportradar Group's average Quarter revenue forecast for Jun 23 based on 3 analysts is $240.56M, with a low forecast of $238.58M, and a high forecast of $243.67M. SRAD's average Quarter revenue forecast represents a 15.90% increase compared to the company's last Quarter revenue of $207.56M (Mar 23).

Sportradar Group EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts1111111363457633222234
EBITDA---------------$68.27M$46.30M$47.90M$61.44M-$37.86M$34.79M
Avg Forecast$139.24M$125.28M$137.01M$131.55M$124.82M$110.32M$120.78M$115.62M$110.89M$96.19M$102.45M$97.36M$99.63M$81.79M$87.13M$81.72M$75.80M$66.15M$70.06M$70.13M$65.56M$61.12M
High Forecast$141.04M$126.90M$138.78M$133.25M$126.44M$111.75M$122.34M$117.11M$114.22M$97.43M$103.77M$98.62M$102.15M$82.84M$88.26M$82.77M$76.78M$66.15M$70.06M$70.13M$65.56M$61.12M
Low Forecast$138.10M$124.25M$135.88M$130.47M$123.80M$109.41M$119.79M$114.66M$108.23M$95.40M$101.60M$96.56M$98.12M$81.11M$86.42M$81.04M$75.17M$66.15M$70.06M$70.13M$65.56M$61.12M
Surprise %---------------0.84%0.61%0.72%0.88%-0.58%0.57%

3 analysts predict SRAD's average Quarter EBITDA for Jun 23 to be $87.13M, with a high of $88.26M and a low of $86.42M. This is 27.63% upper than Sportradar Group's previous annual EBITDA (Mar 23) of $68.27M.

Sportradar Group Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts1111111363457633222234
Net Income---------------$6.82M$-33.28M$12.50M$22.79M-$4.17M$-8.83M
Avg Forecast$38.69M$44.28M$36.05M$35.53M$20.87M$24.67M$16.14M$15.02M$11.09M$10.34M$11.48M$17.42M$13.20M$15.42M$13.41M$13.01M$10.10M$8.82M$10.67M$9.30M$562.70K$-480.52K
High Forecast$39.34M$45.02M$36.66M$36.13M$21.22M$25.09M$16.41M$15.27M$13.86M$10.51M$11.67M$17.71M$15.40M$15.46M$13.64M$13.23M$10.27M$8.82M$10.67M$9.30M$562.70K$-480.52K
Low Forecast$38.28M$43.80M$35.67M$35.15M$20.65M$24.41M$15.96M$14.85M$8.31M$10.23M$11.36M$17.23M$8.80M$15.38M$13.27M$12.87M$9.99M$8.82M$10.67M$9.30M$562.70K$-480.52K
Surprise %---------------0.52%-3.30%1.42%2.14%-7.42%18.37%

Sportradar Group's average Quarter net income forecast for Jun 23 is $13.41M, with a range of $13.27M to $13.64M. SRAD's average Quarter net income forecast represents a 96.64% increase compared to the company's last Quarter net income of $6.82M (Mar 23).

Sportradar Group SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts1111111363457633222234
SG&A---------------$77.47M$81.01M$68.28M$64.44M-$134.35M$51.33M
Avg Forecast$142.52M$128.23M$140.23M$134.65M$127.76M$112.91M$123.62M$118.34M$113.50M$98.45M$104.85M$99.65M$101.98M$83.71M$89.18M$83.64M$77.58M$62.00M$65.66M$65.73M$61.44M$57.28M
High Forecast$144.36M$129.89M$142.05M$136.39M$129.41M$114.37M$125.22M$119.87M$116.91M$99.73M$106.21M$100.94M$104.55M$84.79M$90.34M$84.72M$78.58M$62.00M$65.66M$65.73M$61.44M$57.28M
Low Forecast$141.34M$127.17M$139.08M$133.54M$126.71M$111.98M$122.61M$117.36M$110.77M$97.64M$103.99M$98.83M$100.43M$83.02M$88.45M$82.95M$76.94M$62.00M$65.66M$65.73M$61.44M$57.28M
Surprise %---------------0.93%1.04%1.10%0.98%-2.19%0.90%

Sportradar Group's average Quarter SG&A projection for Jun 23 is $89.18M, based on 3 Wall Street analysts, with a range of $88.45M to $90.34M. The forecast indicates a 15.12% rise compared to SRAD last annual SG&A of $77.47M (Mar 23).

Sportradar Group EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts1111111363457633222234
EPS---------------$0.06$-0.11$0.04$0.08-$0.05$-0.03
Avg Forecast$0.12$0.14$0.11$0.11$0.07$0.08$0.05$0.05$0.03$0.03$0.04$0.05$0.04$0.05$0.04$0.04$0.03$0.03$0.04$0.03-$-0.00
High Forecast$0.12$0.14$0.12$0.11$0.07$0.08$0.05$0.05$0.04$0.03$0.04$0.06$0.05$0.05$0.04$0.04$0.03$0.03$0.04$0.03-$-0.00
Low Forecast$0.12$0.14$0.11$0.11$0.06$0.08$0.05$0.05$0.03$0.03$0.04$0.05$0.03$0.05$0.04$0.04$0.03$0.03$0.04$0.03-$-0.00
Surprise %---------------1.47%-3.47%1.44%2.17%-27.72%18.70%

According to 3 Wall Street analysts, Sportradar Group's projected average Quarter EPS for Jun 23 is $0.04, with a low estimate of $0.04 and a high estimate of $0.04. This represents a -29.79% decrease compared to SRAD previous annual EPS of $0.06 (Mar 23).

Sportradar Group Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ETWOE2open Parent$3.10$4.2035.48%Hold
ALKTAlkami$39.10$45.6716.80%Buy
APPFAppFolio$261.51$300.0014.72%Buy
BRZEBraze$44.75$51.2914.61%Buy
CWANClearwater Analytics$29.55$31.336.02%Buy
GWREGuidewire Software$172.49$180.574.68%Buy
MLNKMeridianLink$22.18$22.752.57%Buy
SRADSportradar Group$17.46$16.67-4.52%Buy
PCORProcore$79.43$75.00-5.58%Buy
PYCRPaycor HCM$20.16$18.25-9.47%Hold
AGYSAgilysys$141.74$125.33-11.58%Buy

SRAD Forecast FAQ


Is Sportradar Group a good buy?

Yes, according to 7 Wall Street analysts, Sportradar Group (SRAD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 85.71% of SRAD's total ratings.

What is SRAD's price target?

Sportradar Group (SRAD) average price target is $16.67 with a range of $16 to $18, implying a -2.51% from its last price of $17.1. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Sportradar Group stock go up soon?

According to Wall Street analysts' prediction for SRAD stock, the company can go down by -2.51% (from the last price of $17.1 to the average price target of $16.67), up by 5.26% based on the highest stock price target, and down by -6.43% based on the lowest stock price target.

Can Sportradar Group stock reach $30?

SRAD's average twelve months analyst stock price target of $16.67 does not support the claim that Sportradar Group can reach $30 in the near future.

What are Sportradar Group's analysts' financial forecasts?

Sportradar Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.3B (high $1.32B, low $1.29B), average EBITDA is $471.54M (high $477.64M, low $467.66M), average net income is $76.69M (high $77.98M, low $75.87M), average SG&A $482.63M (high $488.87M, low $478.66M), and average EPS is $0.241 (high $0.245, low $0.238). SRAD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.47B (high $1.49B, low $1.46B), average EBITDA is $533.09M (high $539.98M, low $528.7M), average net income is $154.55M (high $157.15M, low $152.9M), average SG&A $545.63M (high $552.69M, low $541.14M), and average EPS is $0.485 (high $0.493, low $0.48).

Did the SRAD's actual financial results beat the analysts' financial forecasts?

Based on Sportradar Group's last annual report (Dec 2022), the company's revenue was $730.19M, which missed the average analysts forecast of $730.9M by -0.10%. Apple's EBITDA was $218.91M, missing the average prediction of $282.14M by -22.41%. The company's net income was $10.89M, missing the average estimation of $38.88M by -71.99%. Apple's SG&A was $265.98M, missing the average forecast of $270.97M by -1.84%. Lastly, the company's EPS was $0.04, missing the average prediction of $0.127 by -68.58%. In terms of the last quarterly report (Mar 2023), Sportradar Group's revenue was $207.56M, missing the average analysts' forecast of $225.61M by -8.00%. The company's EBITDA was $68.27M, missing the average prediction of $81.72M by -16.46%. Sportradar Group's net income was $6.82M, missing the average estimation of $13.01M by -47.55%. The company's SG&A was $77.47M, missing the average forecast of $83.64M by -7.38%. Lastly, the company's EPS was $0.06, beating the average prediction of $0.0408 by 46.90%