Sportradar announces Q3 EPS of EUR 0.07, down from EUR 0.11 a year ago
Q3 Revenue Growth: Sportradar reported a Q3 revenue of EUR 292.1 million, up from EUR 255.2 million the previous year, indicating strong topline growth and record EBITDA margins.
CEO's Statement on Performance: CEO Carsten Koerl highlighted the company's sustained operating performance, driven by premium content, technology, and AI, which contribute to above-market growth and increased client value.
Acquisition of IMG ARENA: The completion of the acquisition of IMG ARENA is expected to enhance Sportradar's competitive position, offering unmatched rights and an industry-leading product suite.
Future Growth Opportunities: The acquisition is seen as a pathway to additional growth avenues, with the potential to deliver significant value to shareholders moving forward.
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Analysts Adjust Ratings on Kratos and Others, Target Price $99
- Kratos Coverage Initiated: Piper Sandler analyst Clarke Jeffries initiated coverage on Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) with a Neutral rating and a price target of $99, reflecting a cautious market outlook given its current share price of $120.59.
- Bentley Systems Rating: BMO Capital analyst Daniel Jester initiated coverage on Bentley Systems Inc (NASDAQ:BSY) with an Outperform rating and a price target of $48, indicating optimism about its growth potential as shares currently trade at $38.10.
- Sportradar Rating Change: Stifel analyst Jeffrey Stantial initiated coverage on Sportradar Group AG (NASDAQ:SRAD) with a Buy rating and a price target of $28, with shares currently priced at $18.25, reflecting confidence in its market performance.
- Palantir Coverage Initiated: Phillip Securities analyst Paul Chew initiated coverage on Palantir Technologies Inc (NASDAQ:PLTR) with a Buy rating and a price target of $208, while shares are currently at $165.33, demonstrating strong confidence in its future growth prospects.

Sportradar Group AG (SRAD) Shares Oversold with RSI at 29.96
- Oversold Signal: Sportradar Group AG (SRAD) shares dropped to $19.97, with an RSI of 29.96, indicating that the recent heavy selling may be nearing exhaustion, thus providing potential buying opportunities for bullish investors.
- RSI Comparison: Compared to the S&P 500 ETF (SPY) with an RSI of 59.5, SRAD's oversold condition may attract investor attention, highlighting a significant divergence in market sentiment.
- Price Fluctuation Range: SRAD's 52-week low is $18.16 and high is $32.22, with the current trading price at $20.00, indicating its relative position within the volatility range, which may influence investor decisions.
- Market Sentiment Analysis: The current RSI level may prompt investors to reassess SRAD's investment value, especially after a significant price decline, potentially attracting buyers looking for rebound opportunities.






