JMP Securities initiated coverage on Sportradar Group AG
$SRAD
Computer Software: Programming Data Processing
Technology
JMP Securities initiated coverage of Sportradar Group AG with a rating of Mkt Perform
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/26/2025 | $27.00 | Buy | Guggenheim |
| 1/15/2025 | $17.00 → $23.00 | Buy | Jefferies |
| 10/21/2024 | $12.00 → $15.00 | Neutral → Overweight | JP Morgan |
| 9/4/2024 | $16.00 | Mkt Perform → Mkt Outperform | JMP Securities |
| 8/14/2024 | $12.00 → $16.00 | Hold → Buy | Jefferies |
| 6/18/2024 | $12.00 | Neutral | JP Morgan |
| 9/7/2023 | Mkt Perform | JMP Securities | |
| 1/9/2023 | $18.00 → $10.00 | Buy → Hold | Jefferies |
ST. GALLEN, Switzerland, March 06, 2025 (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, 2024, on Wednesday, March 19, 2025. Sportradar will also host an earnings call via webcast to discuss the results at 8:30 a.m. Eastern time on Wednesday, March 19, 2025. Those wishing to either listen to, or participate in, the earnings webcast can do so by accessing Sportradar's Investor Relations website at https://investors.sportradar.com. Additionally, a replay will be posted on the Investor Relations website for one year after the conclusion of the event. About SportradarS
Amended Complaint Details Market Manipulation & Anti-Competitive Practices That Restrict Industry Competition SportsCastr Inc. (D/B/A PANDA Interactive), a pioneering sports streaming and betting technology company, announced today that it has filed amended complaints against Genius Sports (NYSE:GENI) and Sportradar (NASDAQ:SRAD), adding parallel antitrust claims to its ongoing patent infringement lawsuit. The complaint asserts that both Defendants have unlawfully tied access to the official sports data they exclusively control with their own betting technology—suppressing competition and limiting consumer choice. This antitrust action builds on PANDA's original lawsuit, filed in Octobe
NEW YORK and ST GALLEN, Switzerland, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Major League Baseball (MLB) and Sportradar Group AG (NASDAQ:SRAD) today announced a long-term extension and expansion of their decade-long partnership, set to begin with the 2025 season, aimed at unlocking the full potential of MLB's data and audiovisual (AV) content while growing America's pastime worldwide. As part of the agreement, MLB has acquired an equity stake in Sportradar, further solidifying the partnership between the two organizations and supporting future growth opportunities. Under the new terms, Sportradar, in partnership with MLB, will exclusively distribute MLB's ultra-low latency official data, media
6-K - Sportradar Group AG (0001836470) (Filer)
6-K - Sportradar Group AG (0001836470) (Filer)
6-K - Sportradar Group AG (0001836470) (Filer)
ST. GALLEN, Switzerland, March 06, 2025 (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, 2024, on Wednesday, March 19, 2025. Sportradar will also host an earnings call via webcast to discuss the results at 8:30 a.m. Eastern time on Wednesday, March 19, 2025. Those wishing to either listen to, or participate in, the earnings webcast can do so by accessing Sportradar's Investor Relations website at https://investors.sportradar.com. Additionally, a replay will be posted on the Investor Relations website for one year after the conclusion of the event. About SportradarS
Third Quarter 2024 Highlights Revenue increased 27% to €255 millionProfit for the period increased €33 million to €37 million and expanded to 14.5% as a percentage of revenueAdjusted EBITDA1 increased 30% to €66 million and Adjusted EBITDA margin1 expanded to 25.8%Net cash generated from operating activities increased 55% to €118 million and Free cash flow1 increased 192% to €62 millionCustomer Net Retention Rate1 increased to 126%Repurchased $8.3 million of sharesFurther raised full year guidance to revenue growth of at least 24% to €1,090 million and Adjusted EBITDA growth of at least 29% to €216 million ST. GALLEN, Switzerland, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NA
ST. GALLEN, Switzerland, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ:SRAD) ("Sportradar") will release its financial and operating results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024. Sportradar will also host an earnings call via webcast to discuss the results at 8:00 a.m. Eastern time on Thursday, November 7, 2024. Those wishing to either listen to, or participate in, the earnings webcast can do so by accessing Sportradar's Investor Relations website at https://investors.sportradar.com. Additionally, a replay will be posted on the Investor Relations website for one year after the conclusion of the event. About SportradarSportradar
SC 13G/A - Sportradar Group AG (0001836470) (Subject)
SC 13G/A - Sportradar Group AG (0001836470) (Subject)
SC 13G/A - Sportradar Group AG (0001836470) (Subject)
Guggenheim initiated coverage of Sportradar Group AG with a rating of Buy and set a new price target of $27.00
Jefferies reiterated coverage of Sportradar Group AG with a rating of Buy and set a new price target of $23.00 from $17.00 previously
JP Morgan upgraded Sportradar Group AG from Neutral to Overweight and set a new price target of $15.00 from $12.00 previously
ST. GALLEN, Switzerland, May 01, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ:SRAD) ("Sportradar" or the "Company") today announced that Behshad Behzadi has been named Chief Technology Officer and Chief Artificial Intelligence Officer of the Company (CTO and CAIO), effective May 1. As Sportradar's CTO and CAIO, Behzadi will be based in the organization's headquarters in Switzerland and report directly to Chief Executive Officer, Carsten Koerl. Working collaboratively across the organization, Behzadi will drive the usage and adoption of AI and cutting-edge technology to enhance its product offerings and roadmap to deliver hyper-personalized experiences for sports fans. Additionally
ST. GALLEN, Switzerland, April 25, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ:SRAD)("Sportradar" or the "Company") today announced that Craig Felenstein has been named Chief Financial Officer of the Company, effective June 1, 2024. Felenstein joins the Company from Lindblad Expeditions (NASDAQ:LIND) where he most recently served as Chief Financial Officer. He will report directly to Sportradar Chief Executive Officer Carsten Koerl. Felenstein brings nearly 30 years of senior finance and operating experience for US publicly listed companies across the media, entertainment, experiential and digital content industries to his new position at Sportradar. Most recently, Felenstein ser
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 AG (NASDAQ:SRAD) ("Sportradar" or the "Company") today announced additional strategic actions as part of its previously announced initiatives to streamline its organizational structure to enhance focus on clients and partners, drive global innovation and product development, and propel long-term growth, profitability, and shareholder value. "I am excited to announce this new global organization and leadership structure, which aligns our teams on our strategic priorities, promotes agile