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Sportradar Reports Strong Q1 2025 Results and Strategic Expansions

Protect Your Portfolio Against Market Uncertainty Sportradar Group AG ( (SRAD) ) has issued an update. On May 12, 2025, Sportradar Group AG announced its financial results for the first quarter of 2025, showcasing a 17% increase in revenue to €311 million and a profit of €24 million. The company reported strong growth across its […]

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Protect Your Portfolio Against Market Uncertainty

Sportradar Group AG ( (SRAD) ) has issued an update.

On May 12, 2025, Sportradar Group AG announced its financial results for the first quarter of 2025, showcasing a 17% increase in revenue to €311 million and a profit of €24 million. The company reported strong growth across its product suite, with significant contributions from Betting Technology & Solutions and Sports Content, Technology & Services. Notable developments included an extended partnership with Major League Baseball and an agreement to acquire IMG ARENA, which is expected to enhance Sportradar’s content offerings. These strategic moves underscore Sportradar’s robust market positioning and its role in the expanding sports ecosystem.

The most recent analyst rating on (SRAD) stock is a Buy with a $16.0000 price target. To see the full list of analyst forecasts on Sportradar Group AG stock, see the SRAD Stock Forecast page.

Spark’s Take on SRAD Stock

According to Spark, TipRanks’ AI Analyst, SRAD is a Outperform.

Sportradar Group AG has a solid financial foundation with strong revenue growth and efficient cash flow management. The technical analysis indicates upward momentum, though the stock is approaching an overbought condition. Valuation is a concern with a high P/E ratio, but positive earnings call guidance and strategic acquisitions bolster the stock’s prospects. Despite some setbacks such as net losses due to currency fluctuations, the company’s overall growth prospects remain promising.

To see Spark’s full report on SRAD stock, click here.

More about Sportradar Group AG

Sportradar Group AG is a leading global sports technology company focused on creating immersive experiences for sports fans and bettors. It offers a diverse range of products including betting technology, sports content, and integrity services, with a significant market presence in the United States and globally.

Average Trading Volume: 1,757,083

Technical Sentiment Signal: Buy

Current Market Cap: $7.17B

Learn more about SRAD stock on TipRanks’ Stock Analysis page.

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The Sports Facilities Companies Expands Ice Portfolio with 13 New Ice Properties and Two Community Centers

SFC assumes management of 15 facilities in 11 states through agreement with Rink Management Services CLEARWATER, Fla., May 22, 2025 /PRNewswire/ — The Sports Facilities Companies (SFC), the nation’s leading manager of sports, recreation, and event venues, has expanded its ice rink portfolio by assuming management of 13 ice rinks across 11 states, plus two […]

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SFC assumes management of 15 facilities in 11 states through agreement with Rink Management Services

CLEARWATER, Fla., May 22, 2025 /PRNewswire/ — The Sports Facilities Companies (SFC), the nation’s leading manager of sports, recreation, and event venues, has expanded its ice rink portfolio by assuming management of 13 ice rinks across 11 states, plus two additional community centers. The facilities, previously operated by Rink Management Services (RMS), will now benefit from SFC’s expertise in operations, programming, and community engagement. Through the agreement, RMS operational leadership and staff will transition into the SFC network, enhancing its capacity to manage and elevate ice rinks nationwide.

“SFC continues to expand our presence as a leader in ice rink management, and this is an exciting step in that journey,” said Jason Clement, CEO of The Sports Facilities Companies. “RMS has built a strong footprint in the industry, and by integrating their experience with our proven approach to operations and community service, we are enhancing our ability to deliver exceptional outcomes for athletes, guests, and the communities we serve.”

Under the leadership of President Tom Hillgrove, RMS will maintain a small portfolio of leased agreements while SFC assumes management of the acquired facilities. Moving forward, the two companies will collaborate on strategic opportunities.

“We are excited to see these facilities transition to SFC, a company with a proven track record of success in community-focused facility management,” Hillgrove said. “RMS will continue to operate independently with our leased agreements while working alongside SFC to further strengthen the ice rink industry.”

SFC’s expanded portfolio of ice facilities and community centers now includes the following facilities:

  • Bryant Park Winter Village Ice Rink – New York, N.Y.

  • Lloyd Center Ice Rink – Portland, Ore.

  • Metro Park Toledo Glass City Ice & Roller Toledo, Ohio

  • Wichita Ice Center – Wichita, Kan.

  • Parks Mall at Arlington – Arlington, Texas

  • Ice Skate USA Memorial City Houston, Texas

  • Ice in Paradise – Goleta, Calif.

  • Breslow Ice Hockey Center – Lincoln, Neb.

  • Waconia Ice Arena – Waconia, Minn.

  • Industry City Ice Rink – New York, N.Y.

  • Elevance Health Rink at Bicentennial Plaza – Indianapolis, Ind.

  • Washington Harbour Ice Rink Washington, D.C.

  • McCormick Tribune Ice Rink – Chicago, Ill.

As part of the deal, SFC will also take over management of multiple non-ice facilities, including the Romulus Athletic Center in Romulus, Michigan, and the Safari Island Community Center in Waconia, Minnesota.



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OpenAI and Nvidia among companies building Stargate AI infrastructure in UAE – The Mercury News

(CNN) — OpenAI and Nvidia will join other companies to build Stargate UAE, an artificial intelligence infrastructure cluster, in a sister project to the recently unveiled push to expand AI infrastructure in the United States. Appearing alongside President Donald Trump in January, the CEOs of OpenAI, SoftBank and Oracle said they would create a new […]

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(CNN) — OpenAI and Nvidia will join other companies to build Stargate UAE, an artificial intelligence infrastructure cluster, in a sister project to the recently unveiled push to expand AI infrastructure in the United States.

Appearing alongside President Donald Trump in January, the CEOs of OpenAI, SoftBank and Oracle said they would create a new company, called Stargate, to build out AI infrastructure in the US. The companies said they plan to invest up to $500 billion into the project in the coming years.

On Thursday, those three companies, as well as Nvidia, Cisco and local champion G42, announced in a statement their partnership to build Stargate UAE in Abu Dhabi. The project’s first part, a 200-megawatt AI “cluster,” is expected to go live in 2026, they said.

Sam Altman, CEO of OpenAI, said in the statement that the project in the oil-rich United Arab Emirates is “a step toward ensuring some of this era’s most important breakthroughs – safer medicines, personalized learning and modernized energy – can emerge from more places and benefit the world.”

In a separate statement on its website, OpenAI said Stargate UAE has the potential to provide AI infrastructure and computing capacity within a 2,000-mile radius, reaching up to half the world’s population.

The project, agreed in close coordination with the US government, is the first international deployment of Stargate⁠, OpenAI’s AI infrastructure platform, the company also noted.

For his part, Jensen Huang, chief executive of Nvidia, said the project in the UAE would “power the country’s bold vision – to empower its people, grow its economy and shape its future.”

G42 will build the facility, with OpenAI and Oracle operating it, while Nvidia will provide some of the most advanced chips available.

Stargate UAE will run in the recently announced data center complex in Abu Dhabi, which will have 5 gigawatts of capacity – enough to power a major city.

The complex will be built by the US and the UAE, Trump announced last week during his visit to the country, and will eventually span 10 square miles.

The-CNN-Wire
™ & © 2025 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.



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Motorola’s Fitness-Focused Watch Has a Surprising Price Tag

Moto Watch Fit has a sleek Apple Watch-like design but is significantly lighter at 25g. Offers decent health and fitness tracking features, including 100+ sports modes. Surprisingly high price of $199 in the US and $249 in Canada for a smartwatch that doesn’t run Wear OS. Last month, Motorola announced a new fitness-focused smartwatch called […]

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  • Moto Watch Fit has a sleek Apple Watch-like design but is significantly lighter at 25g.

  • Offers decent health and fitness tracking features, including 100+ sports modes.

  • Surprisingly high price of $199 in the US and $249 in Canada for a smartwatch that doesn’t run Wear OS.

Last month, Motorola announced a new fitness-focused smartwatch called the Moto Watch Fit. It’s officially available starting today, and there are some interesting features, but the price may be the most surprising thing about it—not in a good way.

We’ll start with the design. The Moto Watch Fit goes for a sleek, square aesthetic with rounded corners, giving it a decidedly Apple Watch-inspired look. The 1.9-inch OLED screen and overall size are extremely similar to the Apple Watch as well. However, coming in at 25g, it’s significantly lighter, which is good for a device you’ll be wearing while exercising. The case is made of matte black aluminium, and it launches with a green fabric band. There’s also a lug adapter included in the box, which is a nice touch.

Moto Watch Fit

Moto Watch Fit

Under the hood, you’re getting a decent set of health and fitness tracking features. We’re talking heart rate monitoring, sleep tracking, GPS, and a PPG sensor. If you’re into working out, it comes with over 100 sports modes to accurately track your activities, whether you’re running, swimming, or lifting weights at the gym.

One of the more interesting things about the Moto Watch Fit is the battery life. Motorola is promising up to 16 days of battery life on a single charge, which is always a welcome relief in the world of daily charging. However, it should be noted that this watch does not run Wear OS. It only supports a handful of Motorola’s own apps, similar to a device like the Amazfit Active 2.

Now, let’s get to the price. This is where the Moto Watch Fit stumbles. As mentioned, the Moto Watch Fit does not run Wear OS. It’s essentially a fitness tracker that looks like an Apple Watch, but Motorola has priced it as if it is an Apple Watch. It’s available today starting at $199 in the US and $249 in Canada. That US price is only $50 less than the Apple Watch SE.

Granted, the Moto Watch Fit looks like a very nice fitness tracker, but it’s priced considerably higher than other devices in its category. The aforementioned Amazfit Active 2, for example, is half the price. Fitbit trackers are also all cheaper than the Watch Fit. It’s a steep price for a smartwatch that isn’t a smartwatch, and a company’s first fitness tracker.



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Innovative tech powers a pair of SBA wins

There were compelling winners aplenty at yesterday evening‘s Sports Business Awards. It was also a great showing for tech we cover often here at SBJ. Cosm won Sports Breakthrough of the Year (more on that victory below), and the Intuit Dome grabbed Sports Facility of the Year. See the full list of winners here. — […]

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There were compelling winners aplenty at yesterday evening‘s Sports Business Awards. It was also a great showing for tech we cover often here at SBJ. Cosm won Sports Breakthrough of the Year (more on that victory below), and the Intuit Dome grabbed Sports Facility of the Year.

See the full list of winners here. — Ethan Joyce

In today’s edition of Power Up:

  • Cosm takes Sports Breakthrough of the Year at SBAs
  • SAP becomes Ryder Cup technology sponsor
  • Gracenote launches sports service

SBAs: Cosm wins Sports Breakthrough of the Year

A true technological innovation, Cosm burst into the scene in 2024 with venues in Los Angeles and Dallas, with upcoming locations in Atlanta and Detroit, SBJ’s Mollie Cahillane reports. The group is now valued at more than $1B after raising a recent $250M.

The sports and entertainment technology company operates across extended reality with wraparound LED domes, live feeds and 155-foot programmable displays. On Wednesday, Cosm was honored as Sports Breakthrough of the Year at the 18th annual Sports Business Awards.

“This award is for breakthrough, but the reality is, this vision started all the way back in 2019 and a lot of people in this room today were the first people that I got on Zoom with and pitch this crazy idea,” Jeb Terry, the company CEO and president, said in accepting the award.


SAP becomes Ryder Cup technology sponsor

Global technology provider SAP has signed an agreement with Ryder Cup Europe and the PGA of America to become a new worldwide sponsor of the Ryder Cup for the 2025 and 2027 tournaments, SBJ’s Joe Lemire reports.

The 2025 Ryder Cup is at N.Y.’s Bethpage this September, and the 2027 edition is at Adare Manor in Limerick, Ireland. The news was first announced at the SAP Sapphire conference in Orlando. The Ryder Cup will use SAP’s software platforms to organize fan data from different sources, personalize marketing content, analyze business insights data and explore AI-driven innovation opportunities.


Nielsen’s Gracenote launches new sports content aggregation service for automakers

Gracenote, the Nielsen subsidiary dedicated to entertainment data aggregation, is launching a new sports service called Nexus Auto that will allow drivers to curate custom sports audio, video and statistical dashboards on their vehicle displays, SBJ’s Rob Schafer reports.

Nexus Auto will be built directly into original equipment manufacturer’s systems, according to Gracenote’s Head of Innovation Trent Wheeler, and link users out to broadcast/radio streams, scores and podcast feeds based on self-submitted preferences.




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Chatbot Arena group goes from academic project at UC Berkeley to $600 million startup – The Mercury News

By Rachel Metz and Katie Roof, Bloomberg Chatbot Arena started as an academic project, where researchers and students at the University of California at Berkeley worked to evaluate the capacity of artificial intelligence tools. Now, the group has spun out into a new company, called LMArena, that’s raised $100 million in seed funding from a […]

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By Rachel Metz and Katie Roof, Bloomberg

Chatbot Arena started as an academic project, where researchers and students at the University of California at Berkeley worked to evaluate the capacity of artificial intelligence tools. Now, the group has spun out into a new company, called LMArena, that’s raised $100 million in seed funding from a slate of A-list investors.

Andreessen Horowitz and UC Investments — which manages an investment portfolio for the University of California — led the fundraising, which the company plans to announce Wednesday. The deal includes backing from Lightspeed Venture Partners, Felicis Ventures and Kleiner Perkins, among others, the company said.



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Microsoft fires employee who interrupted CEO’s speech to protest AI tech for Israeli military

SEATTLE (AP) — Microsoft has fired an employee who interrupted a speech by CEO Satya Nadella to protest the company’s work supplying the Israeli military with technology used for the war in Gaza. Software engineer Joe Lopez could be heard shouting at Nadella in the opening minutes Monday of the tech giant’s annual Build developer […]

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SEATTLE (AP) — Microsoft has fired an employee who interrupted a speech by CEO Satya Nadella to protest the company’s work supplying the Israeli military with technology used for the war in Gaza.



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