Sportradar (SRAD) to Acquire IMG ARENA from Endeavor Group Holdings (EDR) and Its Strategic Portfolio of Global Sports Betting Rights

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Sportradar Group AG (SRAD) PT Raised to $27 at Needham

March 20, 2025 6:11 AM EDT

Needham analyst Bernie McTernan raised the price target on Sportradar Group AG (NASDAQ: SRAD) to $27.00 (from $18.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and increase our PT to $27 after SRAD reported 4Q results beating expectations, pushing our... More

Sportradar Group AG (SRAD) PT Raised to $26 at Benchmark, 'positioned for sustained revenue acceleration'

March 19, 2025 12:24 PM EDT

Benchmark analyst Mike Hickey raised the price target on Sportradar Group AG (NASDAQ: SRAD) to $26.00 (from $24.00) while maintaining a Buy rating.

The analyst comments "Company Update: Sportradar exceeded consensus expectations for both revenue and AEBITDA in fiscal Q4, delivering record quarterly... More

Jefferies Out Positive on Sportradar Group AG (SRAD): 'continues to be well positioned for the global growth in OSB'

March 19, 2025 8:35 AM EDT

Jefferies analyst David Katz reiterated a Buy rating and $23.00 price target on Sportradar Group AG (NASDAQ: SRAD)

The analyst comments "SRAD again surpassed our and Street expectations on both revenue and EBITDA. FY25 guidance came in-line with our expectations and above current... More

Citi Comments on Sportradar Group AG (SRAD): 'we would expect the shares to trade higher today'

March 19, 2025 8:34 AM EDT

Citi analyst Jason Bazinet reiterated a Buy rating and $25.00 price target on Sportradar Group AG (NASDAQ: SRAD).

The analyst comments "SRAD posted 4Q24 revenue 5% above consensus and Adj. EBITDA ~11% above the Street. Management introduced its 2025 outlook for revenue and Adj. EBITDA, which fell above... More