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Sportradar Group (SRAD) Stock Forecast & Price Target

$10.64
-0.30 (-2.74%)
(As of 06/18/2024 ET)

Sportradar Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$13.81
29.82% Upside
High Forecast$17.00
Average Forecast$13.81
Low Forecast$11.50
TypeCurrent Forecast
6/20/23 to 6/19/24
1 Month Ago
5/21/23 to 5/20/24
3 Months Ago
3/22/23 to 3/21/24
1 Year Ago
6/20/22 to 6/20/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
Hold
4 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$13.81$13.94$13.43$14.83
Forecasted Upside29.82% Upside22.61% Upside19.09% Upside38.49% Upside
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SRAD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SRAD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Sportradar Group Stock vs. The Competition

TypeSportradar GroupConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.56
2.56
2.50
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside29.82% Upside127.71% Upside11.30% Upside
News Sentiment RatingVery Positive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/18/2024JPMorgan Chase & Co.
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 Initiated CoverageNeutral$12.00+9.69%
5/17/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$11.00 ➝ $12.00+12.99%
5/16/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$12.00+12.25%
5/16/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$16.00+52.67%
4/9/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$11.00 ➝ $11.50-1.54%
3/22/2024Citigroup
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 Boost TargetBuy ➝ Buy$15.00 ➝ $17.00+47.31%
3/21/2024Canaccord Genuity Group
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 Reiterated RatingBuy ➝ Buy$16.00+37.69%
9/7/2023JMP Securities
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 Initiated CoverageMarket Perform
8/10/2023Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$13.00 ➝ $14.00+11.46%
5/16/2023Bank of America
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 Boost Target$10.00 ➝ $11.50-2.79%
5/11/2023VNET Group
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 Reiterated RatingMaintains
11/30/2022UBS Group
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 Boost TargetNeutral$18.00 ➝ $20.00+74.06%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:12 AM ET.

SRAD Forecast - Frequently Asked Questions

What is Sportradar Group's stock forecast and purchase recommendation?

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Sportradar Group is $13.81, with a high forecast of $17.00 and a low forecast of $11.50. The consensus rating for Sportradar Group stock is Moderate Buy based on the current 4 hold ratings and 5 buy ratings for SRAD. Learn more on SRAD's analyst rating history.

Do Wall Street analysts like Sportradar Group more than its competitors?

Analysts like Sportradar Group more than other "consumer discretionary" companies. The consensus rating score for Sportradar Group is 2.56 while the average consensus rating score for "consumer discretionary" companies is 2.55. Learn more on how SRAD compares to other companies.

Does Sportradar Group's stock price have much upside?

According to analysts, Sportradar Group's stock has a predicted upside of 22.60% based on their 12-month stock forecasts.

What analysts cover Sportradar Group?

Sportradar Group has been rated by research analysts at Benchmark, Canaccord Genuity Group, Citigroup, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, and Needham & Company LLC in the past 90 days.


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This page (NASDAQ:SRAD) was last updated on 6/19/2024 by MarketBeat.com Staff

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