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Added to YB: 2025-11-24

Pitch date: 2025-11-20

SRAD [bearish]

Sportradar Group AG

-7.79%

current return

Author Info

The Bear Cave provides analysis, commentary, and curated links on the short world. Sign up for the newsletter.

Company Info

Sportradar Group AG, together with its subsidiaries, provides sports data services for the sports betting and media industries in Switzerland, the United States, North America, Africa, the Asia Pacific, the Middle East, Europe, Latin America, and the Caribbean.

Market Cap

$5.6B

Pitch Price

$21.44

Price Target

N/A

Dividend

N/A

EV/EBITDA

12.43

P/E

63.53

EV/Sales

4.34

Sector

Hotels, Restaurants and Leisure

Category

N/A

Show full summary:
Problems at Sportradar Group - $SRAD

SRAD (short): Bear thesis claims overvalued sports data monopoly faces growing competition from LSports, TXODDS, SportsDataIO offering cheaper alternatives. Alleged ties to grey market/illegal operators like 188Bet, Stake, BJ88. Prediction markets threaten regulatory moat & sportsbook customers. Risk of match-fixing scandals from amateur sports data collection.

Read full article (7 min)