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Nervous markets await NvidiaThis summary was created by AI, based on 2 opinions in the last 12 months.
Sportradar Group (SRAD-Q) has recently demonstrated a turnaround by achieving profitability and maintaining an attractive growth rate. The company operates within the sports betting sector, providing essential data to teams and leagues while managing sportsbooks. Despite experiencing a decline in share price from $28 at its IPO to $12.50, it has rebounded impressively with a 43% increase in the past year and nearly 13% rise this year. Analysts highlight a consistent revenue growth rate of 24% CAGR, which is notable compared to its peers. Although expenses have risen due to renewed contracts with leagues, a phase of stability seems to be on the horizon, enabling the company to focus on improving profit margins. Recent upgrades from analysts suggest a positive outlook for the stock moving forward.
It's turned profitable, not expensive on its growth rate and is a good spec.
A Swiss company in sports betting, managing sportsbooks and providing data to teams and leagues which broadcast games (e.g. NBA, ESPN, FIFA). They offer pre-game and live odds. In 3 years since IPOing, shares have sunk from $28 to $12.50. It has been stuck for a while, but is up 43% in the past 12 months, up nearly 13% this year. He likes it that they make money unlike peers. Revenue grows at 24% compound annual growth rate. Rising right cost, negotiated with each league, has capped revenues, but after many renewals, it's entering a period of calm. They can focus on growing margins. The street has upgraded SRAD recently.
Sportradar Group is a American stock, trading under the symbol SRAD-Q on the NASDAQ (SRAD). It is usually referred to as NASDAQ:SRAD or SRAD-Q
In the last year, 6 stock analysts published opinions about SRAD-Q. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sportradar Group.
Sportradar Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Sportradar Group.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Sportradar Group published on Stockchase.
On 2025-03-28, Sportradar Group (SRAD-Q) stock closed at a price of $21.98.
Gambling and drinking are good investments in bad markets. They do in-game betting and other betting. They have a solid business outside North America, with market share so high they can't buy anymore companies in those markets. They're starting to move into the US. Earnings are great. Had a fine quarter. Shares rallied this past week while the market slumped. But the PE is very high. Hold $400 million cash and could buyback lots of shares.
(Analysts’ price target is $26.08)