This summary was created by AI, based on 1 opinions in the last 12 months.
Sportradar Group (SRAD-Q) is a Swiss company in the sports betting industry, managing sportsbooks and providing data to major teams and leagues such as NBA, ESPN, and FIFA. Despite a fluctuating stock performance since its IPO, the company has shown positive growth in the past 12 months. With a focus on increasing margins and a steady revenue growth rate, SRAD-Q has garnered recent upgrades from the street analysts. The stock is an interesting option for investors looking at the sports betting sector.
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, 1 stock analyst published opinions about SRAD-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sportradar Group.
Sportradar Group was never recommended as a Top Pick on Stockchase. 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 2024-11-14, Sportradar Group (SRAD-Q) stock closed at a price of $17.35.
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.