Latest news with #SportradarGroupAG
Hamilton Spectator
2 days ago
- Business
- Hamilton Spectator
Sportradar Expands Industry-Leading Soccer Portfolio with FIFA Club World Cup 2025 Rights
ST. GALLEN, Switzerland and LONDON, June 12, 2025 (GLOBE NEWSWIRE) — Strengthening its leading global soccer offering, Sportradar Group AG (NASDAQ: SRAD) and DAZN today announced a partnership to secure exclusive rights to distribute ultra-low latency betting data, as well as non-exclusive media content, from the FIFA Club World Cup 2025, held June 14 through July 13, in the U.S. and broadcast globally by DAZN. Through this agreement, Sportradar will deliver data and content, including live odds, across all 63 tournament matches from DAZN to its global network of more than 800 betting operator clients and 900 media companies. Already providing coverage of over 150,000 matches annually across 900+ soccer leagues, Sportradar offers the industry's deepest, most comprehensive soccer portfolio, enabling its partners to engage fans with premium, real-time insights and in-play experiences. Additionally, Sportradar will have access to deep tracking data from the FIFA Club World Cup 2025 to offer an extensive range of micro and player markets, including up to 190 pre-match and 200 in-play betting markets, as well as power live match trackers. Sportradar will also safeguard the tournament from corruption under its longstanding bet monitoring agreement with FIFA through its advanced AI-driven Universal Fraud Detection System (UFDS) for comprehensive real-time betting market surveillance. Moritz Gloeckler, EVP, Rights & Strategic Projects, Sportradar, said: 'We are thrilled to partner with DAZN to elevate the FIFA Club World Cup 2025 to new heights, expanding global reach, captivating new audiences and deepening engagement with fans worldwide. At the same time, we remain committed to upholding the integrity of this prestigious competition.' About Sportradar Sportradar Group AG (NASDAQ: SRAD), founded in 2001, is a leading global sports technology company creating immersive experiences for sports fans and bettors. Positioned at the intersection of the sports, media and betting industries, the Company provides sports federations, news media, consumer platforms and sports betting operators with a best-in-class range of solutions to help grow their business. As the trusted partner of organizations like the ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA, and Bundesliga, Sportradar covers close to a million events annually across all major sports. With deep industry relationships and expertise, Sportradar is not just redefining the sports fan experience, it also safeguards sports through its Integrity Services division and advocacy for an integrity-driven environment for all involved. For more information about Sportradar, please visit About DAZN As a world-leading sports entertainment platform, DAZN streams over 90,000 live events annually and is available in more than 200 markets worldwide. DAZN is the global home of the FIFA Club World Cup and will be broadcasting all 63 matches in multiple languages on a free to air basis. DAZN is the global home of European football, women's football, boxing and MMA, as well as the NFL internationally. The platform features the biggest sports and leagues from around the world – Bundesliga, Serie A, LALIGA, Ligue 1, Formula 1, NBA, Moto GP, and many more, including FIFA Club World Cup 2025. DAZN is transforming the way people enjoy sport. With a single, frictionless platform, sports fans can watch, play, buy, and connect. Live and on-demand sports content, anywhere, in any language, on any device – only on DAZN. DAZN is a global, privately-owned company, founded in 2016, with more than 3,000 employees. For more information on DAZN, our products, people, and performance, visit . CONTACT: Media: Sportradar : Sandra Lee DAZN : Alice Vyvyan Investor Relations: Jim Bombassei
Bloomberg
2 days ago
- Business
- Bloomberg
Sportradar Signs Deal With DAZN to Sell Data for FIFA Tournament
Sportradar Group AG, which provides leagues and betting sites with data about sporting events, signed a deal with streaming service operator DAZN Group Ltd. to distribute information tied to FIFA's Club World Cup. The agreement allows Sportradar to sell real time data and video clips across all 63 of the tournament's matches. Betting operators use that information to craft wagers and determine payouts.
Yahoo
08-05-2025
- Business
- Yahoo
TipRanks' ‘Perfect 10' Picks: These 2 Top-Scoring Stocks Shine Across the Board
Imagine walking into a massive library where every book is a stock – and you're told, 'Pick the ones that will make you money.' Sure, some come with summaries (earnings reports, forecasts, guidance), but most of the shelves are still packed with noise, conflicting opinions, and data that's tough to decode. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. With so many companies to choose from and so much data flying around, it's easy to feel like you're guessing in the dark. Even the most seasoned investors can get buried under the weight of it all. But what if something could cut through the noise for you? That's where TipRanks' Smart Score comes in. The system is designed to do the digging for you. It's powered by AI that processes everything – market trends, analyst moves, insider activity, and technical indicators – and boils it down into a single, straightforward score between 1 and 10. A stock with a 10? That's a signal. So, we rolled up our sleeves and checked the latest top scorers on the platform. Two stocks stood out –not just because of their perfect scores, but because Wall Street is paying attention to them too. Let's take a closer look at what's catching the market's eye. Sportradar Group AG (SRAD) We'll start in the world of sports betting, where our first 'Perfect 10' stock Swiss-based Sportradar is a major player on the global scene. Sports betting is big business, giving fans a chance to raise the stakes on their favorite events by putting their own skin in the game. Sportradar was founded in 2001 and uses its tech platform to make fandom an immersive experience, combining the varied excitement of sports, media, and gambling. The company partners with such important leagues as the NBA, MLB, and NASCAR, as well as organizations such as FIFA, and betting names like William Hill, DraftKings, and Caesars Sportsbook. Through its partnerships, Sportradar can cover nearly one million sports events every year, across all of the world's major sports. The company makes it possible for betting platforms to use the latest sports data, in real time; to create the tools that keep sports fans engaged and to stream live events, with the odds updated in real time. Sportradar also offers virtual sports and casino gaming, adding new layers and opportunities for fans and bettors. The virtual sports offer in-game betting, as well as chances for players to bet on form and momentum, while the casino games apply Sportradar's expertise in design and gaming to the popular online casino field. These varied fields – sports betting, online sports gaming, casino gaming – offer plenty of range for an ambitious company, and Sportradar is also looking to build on its existing foundation. This past March, the company announced its agreement to acquire IMG ARENA, acquiring an expansion to its sports betting rights portfolio and enhancing its position in internationally popular sports such as tennis, soccer, and basketball. On the financial side, Sportradar generated 307 million Euros in 4Q24, the last period reported. This figure was up 22% year-over-year, a gain that was supported by 21% growth in the company's betting technology and solutions segment, and 23% growth in the sports content, technology, and services segment. For the full year 2024, Sportradar reported 1.107 billion Euros in total revenue, for a 26% year-over-year gain. While Sportradar reported a full-year profit of 34 million Euros, the company ran a net loss in Q4 of 1 million Euros. That loss was attributed to fluctuations in foreign currency exchange rates. The company saw its full-year free cash flow rise 133% year-over-year, to reach 118 million Euros. For Bank of America analyst Shaun Kelley, this company presents multiple reasons for taking an upbeat view. Laying out the bull case, Kelley writes, 'Our Buy rating on SRAD is due to 1) higher confidence in SRAD's ability to participate in continued global strong online sports betting growth, 2) option value from the IMG Arena transaction and AI adoption, 3) underlying margin expansion in coming years… Bottom line: Our primary concern had been the pressure of sports rights costs on margins and cash flow, but SRAD should see increasing margins the next several years following multiple rights renewals in '23-24. This coupled with consistently strong revenues and cost discipline should allow the recent rerating in shares to be sustainable.' The BofA analyst complements his Buy rating with a $28 price target that suggests a one-year upside potential of 21%. (To watch Kelley's track record, click here) The 13 recent analyst reviews on SRAD break down to 12 Buys and 1 Hold for a Strong Buy consensus rating. The shares are priced at $23.13 and the $27.50 average target price implies a 19% share appreciation in the next 12 months. (See SRAD stock forecast) SkyWest (SKYW) From sports betting we'll shift gears and look at an airline company for our second 'Perfect 10' stock. SkyWest has been in business since 1972. The Utah-based firm is a holding company, operating through three subsidiaries: SkyWest Airlines, SkyWest Charter (SWC), and SkyWest Leasing. Together, these subsidiaries handle regional passenger routes, chartered flights, and aircraft leasing. SkyWest has nearly 500 aircraft in operation, flying routes between 251 destinations across North America, and operates through partnership agreements with United Airlines, Delta Air Lines, American Airlines, and Alaska Airlines. Last year, through its flight operations, SkyWest carried over 42 million passengers. SkyWest is one of the nation's largest regional/connector airlines. More than half of SkyWest's aircraft are Embraer 175 models, with 70 to 76 passenger seats, and the company has another 16 of these aircraft on order for the next two years. This is a modern aircraft, capable of operating on both regional and medium-haul commercial passenger routes. With its large fleet of aircraft, SkyWest was able to complete 30,000 more flights in 1Q25 than it did in the first quarter of 2024. Completing flights and moving large numbers of passengers into its larger partners' networks is the company's core business – and successfully meeting that demand has proven profitable for SkyWest. In 1Q25, per the last financial release, the company started off the year with a profit, based on a net income of $101 million – or $2.42 per diluted share. That EPS figure beat the forecasts by 38 cents per share. At the top line, SkyWest generated $948 million in revenue, up 18% year-over-year and some $1.15 million better than had been expected. The company finished 1Q25 with $751 million in available cash and liquid assets. Looking ahead, management expects that the aircraft fleet utilization and availability will improve, and support a year-over-year increase in block hour productivity of 12% to 13% during 2025. SkyWest has provided full-year 2025 earnings guidance in the 'low to mid' $9 EPS range. This airline has picked up coverage from Goldman analyst Catherine O'Brien, who takes a bullish stance based on SkyWest's positive 2025 guidance. She says of the airline company, 'The raised EPS guidance is primarily driven by a higher-than-expected block hour production outlook of 12% to 13% growth vs. +12% prior, with improved pilot/aircraft availability allowing SkyWest to better match strong demand from its airline partners… We reiterate our Buy rating on SKYW shares as the company is one of the most defensive names in our coverage given its largely contractual revenue structure, strong balance sheet, and solid free cash flow profile as CAPEX/debt requirements moderate over the medium-term.' Along with her Buy rating, O'Brien puts a $117 price target here, showing her confidence in a 24% upside potential for the coming year. (To watch O'Brien's track record, click here) On the whole, SkyWest has earned a Strong Buy rating from the analyst consensus; while there are only 3 recent reviews on file for the stock, they are all positive. The shares have a trading price of $94.07 and an average target price of $118.67, to imply a gain of 26% on the one-year horizon. (See SKYW stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. Disclaimer & DisclosureReport an Issue Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-04-2025
- Business
- Yahoo
Why Sportradar Group AG (SRAD) Lagged Performance on Wednesday
We recently published an article titled . In this article, we are going to take a look at where Sportradar Group AG (NASDAQ:SRAD) stands against the other stocks. Wall Street's major indices finished in the green territory anew on Wednesday as worries about tariff policies and the Federal Reserve's independence tapered off following President Donald Trump's assurance that he had no intentions of ousting Jerome Powell. The Nasdaq surged by 2.5 percent, the S&P 500 rose by 1.67 percent, while the Dow Jones increased by 1.07 percent. Ten companies, on the other hand, led the highest declines, booking modest losses during the trading session. In this article, we have identified Wednesday's 10 worst-performing stocks and detailed the reasons behind their lagging performance. To come up with the list, we considered only the stocks with more than $2 billion in market capitalization and $5 million in trading volume. A customer data analyst working at a computer, surrounded by monitors displaying live sports data. Sportradar Group AG (NASDAQ:SRAD) dropped its share prices by 7.69 percent on Wednesday to end at $23.11 apiece following the release of its preliminary earnings results for the first quarter of the year. In a statement, Sportradar Group AG (NASDAQ:SRAD) said it expects to report revenues between €307 million and €311 million and net income from €20 million to €24 million. The preliminary data is based on the company's internal figures and has yet to be audited by its independent accounting firm. Sportradar Group AG (NASDAQ:SRAD) said official results will be released on May 12, 2025. In recent news, Sportradar Group AG (NASDAQ:SRAD) announced that its affiliates were planning to sell up to 23 million shares in the company. Concurrently, the company is repurchasing up to 3 million shares under its existing $200-million share repurchase program. Goldman Sachs and JP Morgan were tapped as the joint bookrunners for the offer. Overall SRAD ranks 4th on our list of the worst performing stocks on Wednesday. While we acknowledge the potential of SRAD as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SRAD but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
24-04-2025
- Business
- Yahoo
Sportradar Group AG (SRAD): Among the Tech Stocks That Are Up the Most So Far in 2025
We recently compiled a list of the Why These 15 Tech Stocks Are up the Most So Far in 2025. In this article, we are going to take a look at where Sportradar Group AG (NASDAQ:SRAD) stands against the other tech stocks. Most tech stocks haven't been doing well so far this year, but this isn't a problem that all tech stocks face. The technology sector is broad, and there are always some stocks that still do well regardless of the broader market environment. Many of these companies are leading the way in artificial intelligence, cloud computing, and cybersecurity. Their ability to adapt and launch new solutions has set them apart from the pack. For example, firms that reported robust growth in large customer contracts or unveiled breakthrough AI tools have seen their shares surge, even as industry giants have struggled with market volatility. It's worth looking into these winners if you're looking for opportunities in this market. For this article, I screened the best-performing tech stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A customer data analyst working at a computer, surrounded by monitors displaying live sports data. Number of Hedge Fund Holders In Q4 2024: 31 Sportradar Group AG (NASDAQ:SRAD) is a leading global sports technology company that creates immersive experiences for sports fans and bettors by providing sports federations, news media, consumer platforms, and sports betting operators with solutions at the intersection of sports, media, and betting industries. The stock is up significantly so far in 2025 due to the company's Investor Day held in New York City on April 1, 2025. During this event, CEO Carsten Koerl, CFO Craig Felenstein, and senior business leaders presented the business strategy, growth drivers, and financial outlook to institutional investors and analysts. This transparency about the company's future plans likely contributed to positive stock movement. The consensus price target of $26.9 implies 17% upside. SRAD stock is up 32.70% year-to-date. Overall SRAD ranks 11th on our list of the tech stocks that are up the most so far in 2025. While we acknowledge the potential of SRAD as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SRAD but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
