Sportradar stock price target raised to $26 by Benchmark

Published 19/03/2025, 18:14
Sportradar stock price target raised to $26 by Benchmark

Looking ahead, Sportradar’s Investor Day, scheduled for April 1st, is anticipated to stir enthusiasm regarding the company’s growth prospects and technological advancements. With solid financial momentum, high-margin content, and expanding global opportunities, Sportradar is well-positioned for sustained revenue acceleration, operational leverage, and free cash flow expansion in 2025 and beyond. For deeper insights into Sportradar’s financial health and growth potential, investors can access comprehensive analysis and 15 additional ProTips through InvestingPro’s detailed research reports. For deeper insights into Sportradar’s financial health and growth potential, investors can access comprehensive analysis and 15 additional ProTips through InvestingPro’s detailed research reports.

Looking ahead, Sportradar’s Investor Day, scheduled for April 1st, is anticipated to stir enthusiasm regarding the company’s growth prospects and technological advancements. With solid financial momentum, high-margin content, and expanding global opportunities, Sportradar is well-positioned for sustained revenue acceleration, operational leverage, and free cash flow expansion in 2025 and beyond. For deeper insights into Sportradar’s financial health and growth potential, investors can access comprehensive analysis and 15 additional ProTips through InvestingPro’s detailed research reports.

Looking ahead, Sportradar’s Investor Day, scheduled for April 1st, is anticipated to stir enthusiasm regarding the company’s growth prospects and technological advancements. With solid financial momentum, high-margin content, and expanding global opportunities, Sportradar is well-positioned for sustained revenue acceleration, operational leverage, and free cash flow expansion in 2025 and beyond. For deeper insights into Sportradar’s financial health and growth potential, investors can access comprehensive analysis and 15 additional ProTips through InvestingPro’s detailed research reports.

Looking ahead, Sportradar’s Investor Day, scheduled for April 1st, is anticipated to stir enthusiasm regarding the company’s growth prospects and technological advancements. With solid financial momentum, high-margin content, and expanding global opportunities, Sportradar is well-positioned for sustained revenue acceleration, operational leverage, and free cash flow expansion in 2025 and beyond.

In other recent news, Sportradar Group AG reported a strong fourth quarter for 2024, with revenue reaching $370 million, a 22% increase compared to the previous year. Despite this growth, the company’s earnings per share (EPS) fell short of expectations, coming in at $0 against a forecast of $0.04. The company saw a significant rise in adjusted EBITDA, which increased by 53% to $61 million. Sportradar’s free cash flow for the year more than doubled to $118 million, highlighting its financial momentum. U.S. revenues contributed notably, with a 58% year-over-year increase, now making up 24% of total revenue. In a strategic move, Sportradar announced an agreement to acquire IMG Arena, which is expected to enhance its global sports betting rights portfolio and be accretive to both revenue and margins. Looking ahead, the company has provided optimistic guidance for 2025, projecting total revenue of at least $1.273 billion, with a 26% increase in adjusted EBITDA. Analyst firms like Craig Hallum Capital Group have acknowledged the strategic advantage of the IMG Arena acquisition, which is anticipated to close in the fourth quarter of 2025.

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