Sportradar Group Analysts Slash Their Forecasts Following Weak Q1 Results

Benzinga04-29

Sportradar Group AG (NASDAQ:SRAD) on Tuesday reported worse-than-expected first-quarter financial results.

Sportradar reported quarterly losses of 2 cents per share which missed the analyst consensus estimate of earnings of 6 cents per share. The company reported quarterly sales of $405.773 million which missed the analyst consensus estimate of $420.560 million.

Sportradar affirmed its FY2026 sales guidance of $1.813 billion-$1.842 billion, versus market estimates of $1.830 billion.

Carsten Koerl, Chief Executive Officer of Sportradar, said: “Sportradar’s first quarter growth reflects our premier position as the scaled leader in the expanding global sports data ecosystem. We continue to deepen our relationships across our expansive distribution network, providing additional content, products and services to our sportsbook, media and technology clients.”

Sportradar shares rose 0.5% to trade at $12.41 on Wednesday.

These analysts made changes to their price targets on Sportradar following earnings announcement.

Stifel analyst Jeffrey Stantial maintained Sportradar with a Buy and lowered the price target from $25 to $21.
Truist Securities analyst Barry Jonas maintained the stock with a Buy and lowered the price target from $26 to $18.
Wells Fargo analyst Trey Bowers maintained Sportradar with an Overweight rating and cut the price target from $24 to $17.

Considering buying SRAD stock? Here’s what analysts think:

Photo via Shutterstock

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We continue to deepen our relationships across our expansive distribution network, providing additional content, products and services to our sportsbook, media and technology clients.”</p>\n<p>Sportradar shares rose 0.5% to trade at $12.41 on Wednesday.</p>\n<p>These analysts made changes to their price targets on Sportradar following earnings announcement.</p>\n<ul>\n<li><a href=\"https://laohu8.com/S/SFB\">Stifel</a> analyst Jeffrey Stantial maintained Sportradar with a Buy and lowered the price target from $25 to $21.</li>\n<li>Truist Securities analyst Barry Jonas maintained the stock with a Buy and lowered the price target from $26 to $18.</li>\n<li><a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> analyst Trey Bowers maintained Sportradar with an Overweight rating and cut the price target from $24 to $17.</li>\n</ul>\n<p><strong>Considering buying SRAD stock? 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The company reported quarterly sales of $405.773 million which missed the analyst consensus estimate of $420.560 million.</p>\n<p>Sportradar affirmed its FY2026 sales guidance of $1.813 billion-$1.842 billion, versus market estimates of $1.830 billion.</p>\n<p>Carsten Koerl, Chief Executive Officer of Sportradar, said: “Sportradar’s first quarter growth reflects our premier position as the scaled leader in the expanding global sports data ecosystem. We continue to deepen our relationships across our expansive distribution network, providing additional content, products and services to our sportsbook, media and technology clients.”</p>\n<p>Sportradar shares rose 0.5% to trade at $12.41 on Wednesday.</p>\n<p>These analysts made changes to their price targets on Sportradar following earnings announcement.</p>\n<ul>\n<li><a href=\"https://laohu8.com/S/SFB\">Stifel</a> analyst Jeffrey Stantial maintained Sportradar with a Buy and lowered the price target from $25 to $21.</li>\n<li>Truist Securities analyst Barry Jonas maintained the stock with a Buy and lowered the price target from $26 to $18.</li>\n<li><a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> analyst Trey Bowers maintained Sportradar with an Overweight rating and cut the price target from $24 to $17.</li>\n</ul>\n<p><strong>Considering buying SRAD stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"456\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/29105728/image-693-1024x456.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/29105728/image-693-1024x456.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/29105728/image-693-300x134.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/29105728/image-693-768x342.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/29105728/image-693.png 1247w\" width=\"1024\"/></figure>\n<p><em>Photo via Shutterstock</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4150","symbol_name":"赌场与赌博","start_time":0,"source_url":"https://www.benzinga.com/analyst-stock-ratings/price-target/26/04/52133775/sportradar-group-analysts-slash-their-forecasts-following-weak-q1-results","article_id":"2631545910","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2631545910","pubTimestamp":1777474705,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Sportradar (SRAD) reported Q1 losses of 2 cents per share, missing analyst estimates. 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The company reported quarterly sales of $405.773 million which missed the analyst consensus estimate of $420.560 million.\nSportradar affirmed its FY2026 sales guidance of $1.813 billion-$1.842 billion, versus market estimates of $1.830 billion.\nCarsten Koerl, Chief Executive Officer of Sportradar, said: “Sportradar’s first quarter growth reflects our premier position as the scaled leader in the expanding global sports data ecosystem. We continue to deepen our relationships across our expansive distribution network, providing additional content, products and services to our sportsbook, media and technology clients.”\nSportradar shares rose 0.5% to trade at $12.41 on Wednesday.\nThese analysts made changes to their price targets on Sportradar following earnings announcement.\n\nStifel analyst Jeffrey Stantial maintained Sportradar with a Buy and lowered the price target from $25 to $21.\nTruist Securities analyst Barry Jonas maintained the stock with a Buy and lowered the price target from $26 to $18.\nWells Fargo analyst Trey Bowers maintained Sportradar with an Overweight rating and cut the price target from $24 to $17.\n\nConsidering buying SRAD stock? 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