Benchmark Co. analyst Mike Hickey maintained a Buy rating on Sportradar Group AG today and set a price target of $30.00.
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Mike Hickey has given his Buy rating due to a combination of factors including Sportradar Group AG’s strong financial performance and strategic positioning. The company reported a 14% year-over-year revenue growth in Q2 2025, surpassing consensus estimates, and a notable increase in AEBITDA by 31%, which also exceeded expectations. Despite a modest raise in its full-year outlook, the company’s consistent performance and visibility into future growth are encouraging.
Furthermore, Sportradar’s position as a leading global sports technology platform, with a diverse range of data, content, and betting services, supports its growth potential. The company’s long-term rights agreements, increasing product adoption, and focus on technology-driven services are key growth catalysts. Additionally, its strategic partnerships and diversified global footprint, particularly in the U.S. market, strengthen its competitive positioning. These factors, combined with a strong valuation outlook, underpin Hickey’s Buy rating.
In another report released today, Jefferies also reiterated a Buy rating on the stock with a $32.00 price target.