SRAD
Sportradar Group AG

Sportradar Group AGSRAD

Technology · Software - Application
12.23USD
-2.94%
Oct 28, 2026
SRAD overview ready
Core provider of real-time sports data and managed betting infrastructure
Core sports-data, odds, managed-trading, and betting-engagement infrastructure provider to sportsbook operators and media customers.
Narrative is still early
Exposed to the Regulated Online Sports Betting Expansion narrative through Sports Data, Odds, and Betting Technology Infrastructure — enabling supplier.
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Attractive valuation
Current market expectations look undemanding relative to how much growth and cash flow it delivers per turn of revenue multiple.
Solid fundamentals
Ev / sales is strong.
Primary risk
Regulatory changes impacting sports betting markets.
Market Oct 27Price action Aug 9Research Jul 17

Conviction Level

CompanyFit8.0PriceAction1.4Valuation7.5CompanyPosition7.3BusinessQuality—

Conviction uses Company Fit, Price Action, Valuation, Business Quality. Company Position is research context, not an input.

Theme leadershipGroup context · not a Conviction input
Sports Betting Data has only one or two eligible stocks — no leadership reading
Price
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Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap
$3.7B
Avg Volume (60D)
2.0M
60 sessions
Revenue Growth YoY
+24.7%
Trailing twelve months
Gross Margin
+20.6%
Trailing twelve months
Operating Margin
+12.5%
Trailing twelve months
Distance from 200DMA
-25.7%
P/E
199.2x
EV / Sales
2.2x
Market metrics as of Oct 27, 2026

Fundamentals & Valuation

Only one valuation perspective could be built for this company, and it reads cheap.
Sportradar Group AG has a Cheap valuation stance because current market expectations look undemanding relative to how much growth and cash flow it delivers per turn of revenue multiple.

Company Research

Thesis
Core sports-data, odds, managed-trading, and betting-engagement infrastructure provider to sportsbook operators and media customers. SRAD has direct revenue exposure to the operating infrastructure behind online sports wagering rather than merely to consumer gambling spend.
Opportunity
Moderate opportunity
Sportsbook operators and media platforms require licensed live sports data, real-time odds, risk and trading tools, integrity monitoring, and engagement services as regulated online wagering markets expand and competition shifts toward in-play betting.
Key risk
Regulatory changes impacting sports betting markets.

Economic classification

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Business & Markets

Technology · Software - Application
What they do

Sportradar Group AG provides sports data and betting technology solutions to sports betting operators and media companies globally, delivering real-time data, odds services, and managed betting solutions.

How it earns

The company generates revenue primarily through subscription and transactional fees for its data services and betting technology solutions.

Products & services
Real-time sports data points
Betting and gaming content
Pre-match and live odds services
Streaming and betting engagement services
Managed betting and trading
IGaming products including virtual sports
Customers & end markets
Sports betting operators
Media companies
Market position

Sportradar is a leading provider in the sports data and betting technology market with a broad geographic footprint.

Demand drivers
Medium cyclicality

Demand is linked to sports seasons and betting market activity, which can fluctuate with economic conditions and regulatory changes.