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.
Methodology
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 (see more details here).
A customer data analyst working at a computer, surrounded by monitors displaying live sports data.
Sportradar Group AG (NASDAQ:SRAD)
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 cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.