Morningstar says Australia's Catapult Sports outperforms on team growth, cross-selling

Catapult Sports

20/05/2026 22:31

** Morningstar says Australian Catapult Sports' CAT.AX annual results supported by 'outstanding' team growth (customers) and cross-selling momentum

** Investment firm says sport analytics provider's team growth and underlying earnings were better than estimated

** Says co's cross-selling business and cost saving measures were the highlight

** All 10 analysts rate the stock "buy" or higher; their median PT is A$5.42, LSEG-compiled data shows

** YTD, stock down 18.3%

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))