SharpLink Gaming ( (SBET) ) just unveiled an update.
On May 2, 2025, SharpLink Gaming, Inc. announced a 1-for-12 reverse stock split of its common stock, effective May 5, 2025, to meet Nasdaq’s $1.00 minimum bid price requirement. This move aims to consolidate shares and maintain the company’s listing on The Nasdaq Capital Market, with trading on a post-split basis starting May 6, 2025.
Spark’s Take on SBET Stock
According to Spark, TipRanks’ AI Analyst, SBET is a Underperform.
SharpLink Gaming’s overall score is primarily affected by its weak financial performance, characterized by declining revenues and persistent losses. Technical indicators suggest a bearish trend, while valuation metrics highlight profitability challenges. However, the strategic acquisition in the crypto gaming space offers a potential growth avenue, balancing some of the financial and operational concerns.
To see Spark’s full report on SBET stock, click here.
More about SharpLink Gaming
SharpLink Gaming, Inc., headquartered in Minneapolis, Minnesota, is an online performance-based marketing company that serves the U.S. sports betting and global iGaming industries. It operates an iGaming affiliate marketing network called PAS.net, focusing on driving traffic, player acquisitions, retention, and conversions for U.S. regulated and global iGaming operator partners. SharpLink also manages a portfolio of affiliate marketing websites to attract and drive local sports betting and online casino gaming traffic.
YTD Price Performance: -56.72%
Average Trading Volume: 1,919,445
Technical Sentiment Signal: Buy
Current Market Cap: $2M
For an in-depth examination of SBET stock, go to TipRanks’ Stock Analysis page.