Why is Sportradar Group AG (SRAD) stock down today?
Sportradar stock is falling sharply after Q2 earnings missed estimates and the company cut its 2026 revenue guidance.
What happened
Sportradar Group AG shares dropped 15.13% to $12.34 on August 3, 2026 — moving against a broader market rally — after the sports data and technology company reported second-quarter results that missed Wall Street's expectations and simultaneously lowered its full-year 2026 revenue outlook. The earnings miss and guidance cut together removed two pillars that investors rely on to justify a stock's valuation, triggering heavy selling.
On the earnings side, Sportradar reported a quarterly loss, with actual EPS of roughly $0.04 against an analyst consensus estimate of $0.07 — a roughly 43% shortfall. Revenue also lagged estimates, according to Zacks. The company swung to a loss from a prior-year period and then lowered its 2026 revenue guidance, a combination that signals to markets that the near-term financial trajectory is weaker than previously modeled.
The move is especially striking because the broader market was firmly higher on the same day: the S&P 500 gained 1.48% and the Nasdaq-tracking QQQ ETF rose 1.76%, helped in part by a stronger-than-expected ISM Manufacturing PMI reading of 55.6 for July (forecast was 54.0). Sportradar's decline in the face of a rising market underscores that the selloff was driven by company-specific news rather than macro conditions.
As of the close of regular trading on August 3, Sportradar's shares traded at $12.34, within a day range of $11.55 to $12.62, and the company carried a market capitalization of approximately $3.65 billion. The stock had already been under pressure in recent months, and the latest earnings report extended that negative trend.
The catalysts, cited
Sportradar Q2 earnings miss and lower 2026 revenue guidance announced
Zacks
Sportradar shares drop after earnings miss and lower-than-expected outlook
InvestorsHub
Sportradar swings to Q2 loss, revenue increases but 2026 revenue guidance lowered
MT Newswires
Sportradar Group Q2 Earnings Call Highlights
MarketBeat
What to watch next
- U.S. Non-Farm Payrolls, Unemployment Rate, and Average Hourly Earnings report
Moving with it
Why is XLK moving?
Why is NDAQ moving?People also ask
Why is Sportradar stock going down today?
Sportradar reported Q2 2026 earnings that missed analyst estimates — EPS came in at roughly $0.04 versus an expected $0.07 — and the company also lowered its 2026 revenue guidance. That combination of a profit miss and a cut to the full-year outlook drove the sharp selloff.
What happened with SRAD earnings?
Sportradar swung to a quarterly loss in Q2 2026, with revenue also lagging estimates according to Zacks. Beyond the quarterly miss, management reduced the company's 2026 revenue guidance, which signaled that the business outlook had weakened since the prior forecast.
Is SRAD down because of the market or is it company-specific?
The drop is company-specific. The broader S&P 500 rose 1.48% and QQQ gained 1.76% on the same day, meaning the overall market was rallying while Sportradar fell more than 15%. The divergence points to the earnings miss and guidance cut as the direct cause.
What is Sportradar's stock price today and how much has it fallen?
Sportradar shares fell 15.13% to $12.34 on August 3, 2026, after closing the prior session at $14.54. The intraday range was $11.55 to $12.62, and the company's market capitalization stood at approximately $3.65 billion.