09:44 AM EDT, 04/01/2025 (MT Newswires) -- Sportradar Group ( SRAD ) said Tuesday it is targeting 2027 revenue of at least 1.7 billion euros ($1.83 billion), representing a compound annual growth rate of 15%.

Analysts polled by FactSet expected 1.7 billion euros.

The company is also targeting 2027 adjusted earnings before interest, taxes, depreciation, and amortization of at least 455 million euros, representing a compound annual growth rate of 27%.

Sportradar ( SRAD ) said it plans to continue exploring opportunities in adjacent markets, including in the adjacent online casino market, which could open up a potential $2 billion serviceable addressable market.

Sportradar ( SRAD ) shares were nearly 5% higher in recent trading.

Price: 22.75, Change: +1.13, Percent Change: +5.20