Sportradar Group AG (SRAD) is drawing increased analyst interest following its Q4 2025 financial results and new international betting partnerships. The company reported a 12% year-over-year revenue increase, driven by strong growth in North American markets and expanded data licensing agreements.
- SRAD reported €483 million in Q4 2025 revenue, a 12% year-over-year increase.
- North American revenue rose 27% due to new league and operator contracts.
- Adjusted EBITDA margin improved to 29.4% in Q4 2025.
- Recurring revenue now makes up 86% of total income.
- Three brokerages upgraded SRAD with new price targets of €27.50 per share.
- Company launched a pilot program in Southeast Asia for regional gaming expansion.
Sportradar Group AG (SRAD) has emerged as a focal point among equity analysts after delivering robust Q4 2025 results, with consolidated revenue reaching €483 million, up from €431 million in the same period the prior year. This growth was underpinned by a 27% rise in North American revenue, reflecting continued momentum from new contracts with major U.S. sports leagues and regulated online betting operators. The company also secured a multi-year data supply agreement with a Tier-1 European sportsbook operator, extending its footprint across 14 regulated markets by early 2026. Analysts note that SRAD’s adjusted EBITDA margin improved to 29.4% in Q4 2025, up from 27.1% in Q4 2024, indicating strong operational leverage despite increased investment in AI-driven data analytics and compliance infrastructure. The company’s recurring revenue now accounts for 86% of total income, signaling long-term contract stability and reduced exposure to one-off licensing deals. These metrics have prompted several brokerages to upgrade their ratings, with three firms raising their price targets on SRAD to €27.50 per share, representing a 15% upside from the closing price on January 18, 2026. The market reaction has been positive, with SRAD’s share price rising 8.2% in early trading on January 19, 2026, outperforming the broader European tech sector. Investors are particularly focused on the company’s expansion into emerging markets, including a pilot program in Southeast Asia with a regional gaming operator, which could unlock additional revenue streams in high-growth regions. Regulatory developments in the U.S., including the Sports Betting and Integrity Act’s passage in several states, are also expected to accelerate demand for real-time data and fraud detection services provided by SRAD. As the sports technology landscape evolves, SRAD’s dual focus on data integrity and market expansion positions it as a key enabler for regulated betting ecosystems globally. Analysts emphasize that continued investment in machine learning platforms and compliance tools will be critical to maintaining its leadership in a competitive environment.