SRAD Stock Analysis: Sportradar | NASDAQ

Sports Data, Betting Technology, Sports Media, Integrity Services

Total Rating 26

Safety 57

Buy Signal -1.38

Software - Application
Industry Rotation: -19.1

Market Cap: 3.80B
Avg Turnover: 23.9M

Risk 3d forecast

Volatility42.1%

VaR 5^th Pctl6.73%

VaR vs Median-2.20%

Reward TTM

Sharpe Ratio-1.41

Rel. Str. IBD1.7

Rel. Str. Peer Group2.3

Character TTM

Beta-0.224

Beta Downside-0.299

Hurst Exponent0.429

Drawdowns 3y

Max DD61.28%

CAGR/Max DD0.11

CAGR/Mean DD0.39

EPS (Earnings per Share)

EPS CAGR: 60.41%
EPS Trend: 55.1%

Last SUE: -1.17
Qual. Beats: -2

Revenue

Rev. CAGR: 20.08%
Rev. Trend: 99.3%

Last SUE: 0.13
Qual. Beats: 0

Warnings

P/E Ratio 213.8

Fakeout

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 4.9 years of data

Jan +3.8% 0

Feb -2.8% 43

Mar -2.3% 20

Apr -9.6% 0

May +2.8% 24

Jun +10.6% 52

Jul +1.3% 37

Aug +0.2% 11

Sep -12.0% 52

Oct -5.8% 25

Nov +10.8% 22

Dec +0.3% 0

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: SRAD Sportradar

Sportradar Group AG (NASDAQ: SRAD) is a Switzerland-based provider of sports data, content, and technology services serving the global sports betting and media industries. Founded in 2001 and headquartered in Sankt Gallen, the company went public on NASDAQ in September 2021 and operates internationally across Europe, the Americas, Africa, the Asia Pacific, and the Middle East.

The business operates as a B2B supplier, generating revenue from sportsbook operators, media companies, rights-holders, and regulators rather than directly from end consumers. Its offerings span two main segments: betting technology (odds feeds, live data, trading services, iGaming products, and streaming/engagement tools) and sports content/media services (data and content distribution for broadcasters and publishers, integrity and anti-match-fixing solutions, and performance analytics for teams and athletes). This dual exposure ties the companys growth to both regulated online sports betting expansion and the broader digitization of sports media rights.

Sportradar is classified within the Casinos & Gaming sub-industry under Consumer Discretionary in the GICS framework, reflecting its deep commercial ties to the global wagering ecosystem. Its relationships with leagues, federations, and bookmakers-often under long-term exclusive data rights agreements-function as high-barrier recurring revenue streams characteristic of the sports data sub-sector.

Headlines to Watch Out For

NBA and MLB league partnerships anchor long-term revenue
US sports betting legalization accelerates content demand
Adjusted EBITDA margin expansion targets profitability inflection

Piotroski VR-10 (Strict) 6.0

Net Income: 16.9m TTM > 0 and > 6% of Revenue
FCF/TA: 0.11 > 0.02 and ΔFCF/TA 5.18 > 1.0
NWC/Revenue: -0.97% < 20% (prev 10.30%; Δ -11.26% < -1%)
CFO/TA 0.17 > 3% & CFO 430.3m > Net Income 16.9m
Net Debt (-190.1m) to EBITDA (347.7m): -0.55 < 3
Current Ratio: 0.98 > 1.5 & < 3
Outstanding Shares: last quarter (293.4m) vs 12m ago -8.30% < -2%
Gross Margin: 28.43% > 18% (prev 56.79%; Δ -28.36% > 0.5%)
Asset Turnover: 56.40% > 50% (prev 50.09%; Δ 6.31% > 0%)
Interest Coverage Ratio: 1.42 > 6 (EBIT TTM 130.8m / Interest Expense TTM 91.8m)

Altman Z'' 1.19

A: -0.01 (Total Current Assets 554.3m - Total Current Liabilities 567.8m) / Total Assets 2.56b
B: 0.12 (Retained Earnings 319.7m / Total Assets 2.56b)
C: 0.05 (EBIT TTM 130.8m / Avg Total Assets 2.47b)
D: 0.44 (Book Value of Equity 782.3m / Total Liabilities 1.78b)
Altman-Z'' = 1.19 = BB

Beneish M -2.48

DSRI: 0.43 (Receivables 89.6m/177.5m, Revenue 1.39b/1.19b)
GMI: 2.00 (GM 56.79% / 28.43%)
AQI: 1.00 (AQ_t 0.75 / AQ_t-1 0.75)
SGI: 1.17 (Revenue 1.39b / 1.19b)
TATA: -0.16 (NI 16.9m - CFO 430.3m) / TA 2.56b)
Beneish M = -2.48 (Cap -4..+1) = BBB

What is the price of SRAD shares?

As of September 15, 2026, the stock is trading at USD 12.91 with a total of 1,497,450 shares traded. Over the past week, the price has changed by -1.53%, over one month by -2.71%, over three months by -23.88% and over the past year by -56.97%.

Current recommended Stop Loss: 11.80 (which is 8.6% or 1.9 ATR below the current price).

Is SRAD a buy, sell or hold?

Sportradar has received a consensus analysts rating of 4.53. Therefore, it is recommended to buy SRAD.

StrongBuy: 10
Buy: 3
Hold: 2
Sell: 0
StrongSell: 0

What are the forecasts/targets for the SRAD price?

Analysts Target Price	18.7	45.1%

Sportradar (SRAD) - Fundamental Data Overview as of 11 September 2026

Market Cap USD = 3.80b (3.80b USD * 1.0 USD.USD)
Market Cap EUR = 3.27b (3.80b USD * 0.8613 USD.EUR)
P/E Trailing = 213.8333
P/E Forward = 29.3255
P/S = 2.741
P/B = 4.1547
Revenue TTM = 1.39b EUR
EBIT TTM = 130.8m EUR
EBITDA TTM = 347.7m EUR
Long Term Debt = 50.1m EUR (from longTermDebt, last quarter)
Short Term Debt = 10.9m EUR (from shortTermDebt, last quarter)
Debt = 61.0m EUR (from shortLongTermDebtTotal, last quarter) (leases 62.9m already included)
Net Debt = -190.1m EUR (calculated: Debt 61.0m - CCE 251.1m)
Enterprise Value = 3.08b EUR (3.27b + Debt 61.0m - CCE 251.1m)
Interest Coverage Ratio = 1.42 (Ebit TTM 130.8m / Interest Expense TTM 91.8m)
EV/FCF = 10.47x (Enterprise Value 3.08b / FCF TTM 294.2m)
FCF Yield = 9.55% (FCF TTM 294.2m / Enterprise Value 3.08b)
FCF Margin = 21.11% (FCF TTM 294.2m / Revenue TTM 1.39b)
Net Margin = 1.21% (Net Income TTM 16.9m / Revenue TTM 1.39b)
Gross Margin = 28.43% ((Revenue TTM 1.39b - Cost of Revenue TTM 997.5m) / Revenue TTM)
Gross Margin QoQ = 16.85% (prev 16.41%)
Tobins Q-Ratio = 1.20 (Enterprise Value 3.08b / Total Assets 2.56b)
Interest Expense / Debt = 150.4% (Interest Expense 91.8m / Debt 61.0m)
Taxrate = 11.69% (2.23m / 19.1m)
NOPAT = 115.5m (EBIT 130.8m * (1 - 11.69%))
Current Ratio = 0.98 (Total Current Assets 554.3m / Total Current Liabilities 567.8m)
Debt / Equity = 0.08 (Debt 61.0m / totalStockholderEquity, last quarter 782.3m)
Debt / EBITDA = -0.55 (Net Debt -190.1m / EBITDA 347.7m)
Debt / FCF = -0.65 (Net Debt -190.1m / FCF TTM 294.2m)
Total Stockholder Equity = 911.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.68% (Net Income 16.9m / Total Assets 2.56b)
RoE = 1.85% (Net Income TTM 16.9m / Total Stockholder Equity 911.1m)
RoCE = 13.60% (EBIT 130.8m / Capital Employed (Equity 911.1m + L.T.Debt 50.1m))
RoIC = 5.96% (NOPAT 115.5m / Invested Capital 1.94b)
WACC = 5.09% (E(3.27b)/V(3.33b) * Re(5.19%) + (debt cost/tax rate unavailable))
Discount Rate = 5.19% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -25.06 | Cagr: -1.02%
[DCF] Terminal Value 77.97% ; FCFF base≈236.5m ; Y1≈271.1m ; Y5≈398.9m
[DCF] Fair Price = 28.48 (EV 6.00b - Net Debt -190.1m = Equity 6.19b / Shares 217.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 55.07 | EPS CAGR: 60.41% | SUE: -1.17 | # QB: -2
Revenue Correlation: 99.32 | Revenue CAGR: 20.08% | SUE: 0.13 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.10 | Chg30d=-44.44% | Revisions=-40% | Analysts=2
EPS current Year (2026-12-31): EPS=0.26 | Chg30d=-40.91% | Revisions=-40% | GrowthEPS=-31.0% | GrowthRev=+17.8%
EPS next Year (2027-12-31): EPS=0.39 | Chg30d=-38.58% | Revisions=-40% | GrowthEPS=+50.0% | GrowthRev=+12.0%
[Analyst] Revisions Ratio: -67% (up=0, down=6)