Catapult Sports Bull Sees Beats Across the Board -- Market Talk

Dow Jones

05/20

0009 GMT - Catapult Sports' bull at Ord Minnett sees better-than-expected performance across every key metric of the athletic-tech provider's annual result. Analyst Amelia Hamer flags growth in professional sports teams as a highlight, and says that the surge in the number of multi-vertical pro-team customers on Catapult's roster is outstanding. She tells clients in a note that the 43% growth in annualized contract value from Catapult's tactics and coaching vertical suggests that its recently acquired Impect business is performing well. Ord Minnett's buy rating and 4.16 Australian dollars target price are under review. Shares are up 13% at A$3.26. (stuart.condie@wsj.com)

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May 19, 2026 20:09 ET (00:09 GMT)

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