Key Takeaways:
- Sportradar (SRAD, Financial) is offering Class A ordinary shares as it nears IPO highs, highlighting its strengths in sports technology.
- Analysts project an average price target of $26.79 with an "Outperform" recommendation.
- GuruFocus estimates indicate a potential downside in GF Value, suggesting caution.
Sportradar (SRAD) has recently filed for an automatic offering of its Class A ordinary shares. This strategic maneuver comes as the company approaches its initial public offering (IPO) peaks, underscoring the firm's strong positioning within the sports technology landscape.
Wall Street Analysts' Insights
In an analysis of one-year price targets by 14 analysts, Sportradar Group AG (SRAD, Financial) holds an average target price of $26.79. The projections range from a high of $32.06 to a low of $19.38. This average estimate suggests a potential upside of 6.99% when compared to the current stock price of $25.04. Detailed estimates can be further explored on the Sportradar Group AG (SRAD) Forecast page.
The consensus recommendation derived from 15 brokerage firms places Sportradar Group AG (SRAD, Financial) with an average brokerage recommendation of 1.8, indicating an "Outperform" status. This rating is derived from a scale of 1 to 5, where 1 suggests a Strong Buy, and 5 implies a Sell.
Evaluating GF Value
According to GuruFocus estimates, Sportradar Group AG (SRAD, Financial) has an anticipated GF Value of $20.20 projected over one year. This estimate highlights a downside of 19.33% relative to the current stock price of $25.04. The GF Value reflects GuruFocus' calculated fair value for the stock, based on its historical trading multiples, past business growth, and future performance projections. Investors can delve deeper into this analysis on the Sportradar Group AG (SRAD) Summary page.
