Sportradar Group AG (SRAD) Price

The P/E ratio of Sportradar Group AG is 241.3222

Mr. Carsten Koerl is the Chief Executive Officer of Sportradar Group AG, joining the firm since 2001.

The current price of SRAD is $30.14, it has increased 0.08% in the last trading day.

Sportradar Group AG belongs to Hotels, Restaurants & Leisure industry and the sector is Consumer Discretionary

Sportradar Group AG's current market cap is $9.0B

According to wall street analysts, 22 analysts have made analyst ratings for Sportradar Group AG, including 7 strong buy, 13 buy, 5 hold, 0 sell, and 7 strong sell

Looks like SRAD is catching a bid today, shaking off some recent consolidation. The stock is riding a wave of positive news, strong analyst ratings, and a bullish technical setup. Whales are also reportedly accumulating, which is always a good sign unless you enjoy being exit liquidity.

SRAD's recent price action isn't happening in a vacuum. It's a mix of solid fundamentals, positive news flow, and a healthy technical chart.

• Fundamental & News Catalysts:

  • Strong Earnings & Guidance: The company recently smashed earnings expectations, reporting $0.17 EPS for the quarter when the consensus was a mere $0.04. They also posted record revenue of €318 million for Q2.
  • Strategic Partnerships: Sportradar announced an expanded relationship with Bundesliga International, launching new AI-driven products for the 2025-26 season. This reinforces their tech-forward position in the market.
  • Wall Street Love: The stock has strong backing from analysts. Out of 21 analysts, 20 have a "Buy" or "Strong Buy" rating, with a mean price target of around $32.55. Even Jim Cramer is a fan, calling them the "arms dealer to the sports book operators".

• Technical Health:

  • Bullish Trend: On the daily chart, SRAD is trading comfortably above its 50-day MA ($29.81) and its 200-day MA ($23.59), which is a classic sign of a healthy uptrend.
  • Momentum Indicators: The daily RSI is neutral at around 49, suggesting the stock isn't overbought and has room to climb before it gets overheated. The overall technical signal is "neutral," indicating a consolidation phase, but the underlying trend remains strong.
  • Key Levels: The price is currently holding above the support level of $28.50. The next major resistance to watch is $32.22. A break above that could signal the next leg up.

• Social Proof & Whale Watching:

  • There's evidence of institutional interest. For example, the State of Wyoming recently increased its position by 30%, and reports indicate other funds are buying in. When the big money starts moving, it's usually for a reason.

Basically, SRAD is showing strength across the board. The recent positive news has likely attracted fresh buyers, pushing the price up today. Just try not to ape in at the top like you usually do, bro.