
SRAD Stock Forecast & Price Target
SRAD Analyst Ratings
Bulls say
Sportradar Group AG is poised for significant growth, with projections indicating that Managed Betting Services will expand at a 9% CAGR through 2029 and betting and gaming content will grow at a 12% CAGR, driven by robust global demand for online sports betting, particularly in North America. The company has demonstrated strong customer engagement, as evidenced by an impressive net retention rate of +126%, reflecting successful cross-selling and upselling initiatives. Moreover, positive developments in the US gaming market, which is growing at 25%-30%, alongside international growth at approximately 10%, support expectations of double-digit revenue growth for Sportradar in the near future.
Bears say
Sportradar Group AG faces a challenging outlook due to lower-than-expected gross gaming revenue (GGR) estimates in the US market, compounded by a shrinking total addressable market (TAM) and losses in market share. The absence of official NFL data is exacerbating these challenges, allowing competitors with exclusive data access to capture a larger segment of the global sportsbook market, which could result in a significant financial impact on Sportradar's bottom line. Additionally, the company's reliance on strategic relationships and the various external risks associated with sporting events, technological development, and regulatory compliance further increase the uncertainty surrounding its future performance.
This aggregate rating is based on analysts' research of Sportradar Group AG and is not a guaranteed prediction by Public.com or investment advice.
SRAD Analyst Forecast & Price Prediction
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