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SBET Stock Chart & Stats
$8.32
-$0.19(-3.17%)
At close: 4:00 PM EDT
$8.32
-$0.19(-3.17%)
Day’s Range― - ―
52-Week Range$4.46 - $15.50
Previous CloseN/A
Volume6.71M
Average Volume (3M)8.02M
Market Cap
$1.64B
Enterprise Value$950.97M
Total Cash (Recent Filing)$56.20M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta4.59
Next Earnings
Nov 12, 2026EPS Estimate
<0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-8.16
Shares Outstanding217,223,600
10 Day Avg. Volume7,662,207
30 Day Avg. Volume8,019,479
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.37
Price to Sales (P/S)31.78
P/FCF Ratio-51.00
Enterprise Value/Market Cap0.58
Enterprise Value/Revenue18.94
Enterprise Value/Gross Profit19.52
Enterprise Value/Ebitda-1.52
Forecast
1Y Price Target
$15.20Price Target Upside82.69% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)-5.04
Revenue Forecast (FY)$47.79M
Bulls Say, Bears Say
Bulls Say
Revenue Growth And Gross MarginStrong revenue momentum combined with an exceptionally high gross margin indicates favorable economics in the current operating model. If growth is sustained, the company has substantial gross profit available to support reinvestment, customer acquisition, and eventual operating leverage.
Debt-Free Balance SheetA debt-free balance sheet reduces mandatory interest costs and refinancing exposure, giving management greater flexibility during periods of operating volatility. This financial structure can help preserve strategic options and support investment in growth without adding leverage-related pressure.
ETH Treasury And Yield StrategyThe expanding ETH treasury and planned on-chain yield fund represent a substantial strategic shift toward treasury productivity and digital-asset-based revenue. Execution could broaden earnings sources beyond affiliate activity and create a durable platform for compounding ETH per share.
Bears Say
Persistent Losses And Cash BurnDeep losses and negative operating and free cash flow show that the business is not currently self-funding its operations. Continued cash consumption can constrain investment capacity, increase reliance on capital markets, and make durable profitability dependent on major execution improvements.
Crypto Price And Accounting VolatilityHeavy exposure to ETH prices makes reported results highly sensitive to market movements, even when the company retains the same number of ETH units. Large unrealized losses and impairments can obscure operating progress, increase earnings volatility, and complicate financial planning.
Rising Operating ExpensesSG&A growth substantially outpaced the prior-year period, adding pressure to a business that is already loss-making. Unless treasury-related activities and other investments generate sufficient recurring returns, the higher expense base may delay operating leverage and prolong the path to profitability.
SharpLink Gaming News
SBET FAQ
What was SharpLink Gaming’s price range in the past 12 months?
SharpLink Gaming lowest stock price was $4.46 and its highest was $15.50 in the past 12 months.
What is SharpLink Gaming’s market cap?
SharpLink Gaming’s market cap is $1.64B.
When is SharpLink Gaming’s upcoming earnings report date?
SharpLink Gaming’s upcoming earnings report date is Nov 12, 2026 which is in 25 days.
How were SharpLink Gaming’s earnings last quarter?
SharpLink Gaming released its earnings results on Aug 10, 2026. The company reported -$1.88 earnings per share for the quarter, missing the consensus estimate of $0.013 by -$1.893.
Is SharpLink Gaming overvalued?
According to Wall Street analysts SharpLink Gaming’s price is currently Undervalued.
Does SharpLink Gaming pay dividends?
SharpLink Gaming does not currently pay dividends.
What is SharpLink Gaming’s EPS estimate?
SharpLink Gaming’s EPS estimate is <0.01.
How many shares outstanding does SharpLink Gaming have?
SharpLink Gaming has 217,223,600 shares outstanding.
What happened to SharpLink Gaming’s price movement after its last earnings report?
SharpLink Gaming reported an EPS of -$1.88 in its last earnings report, missing expectations of $0.013. Following the earnings report the stock price went down -3.888%.
Which hedge fund is a major shareholder of SharpLink Gaming?
Currently, no hedge funds are holding shares in SBET
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
SharpLink Gaming Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$15.20 (82.69% Upside)
$15.20 (82.69% Upside)
Blogger Sentiment
Bullish
SBET Sentiment 75%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 13.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $47.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-48.04%
12-Months-Change
Fundamentals
Return on Equity
-79.20%
Trailing 12-Months
Asset Growth
211.97%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
SharpLink Gaming
Sharplink, Inc. is a global digital asset treasury firm, primarily functioning as an institutional-grade platform for managing Ethereum. Its operations are divided into two primary divisions: Ether (ETH) Treasury Management and Affiliate Marketing. The ETH Treasury Management division is dedicated to the strategic acquisition and dynamic oversight of Ethereum, positioning it as a long-term holding for the company's treasury. This involves both native and liquid staking strategies, all conducted within a robust framework that prioritizes governance, secure custody, and comprehensive risk mitigation. Conversely, the Affiliate Marketing segment specializes in offering performance-driven client acquisition solutions to businesses in the sportsbook and online casino gaming industries. This is achieved by generating substantial user traffic and acquiring new players for licensed gaming entities, primarily leveraging its international affiliate network, PAS.net, alongside a collection of digital assets tailored for specific U.S. states. The company, previously operating as SharpLink Gaming, Inc., rebranded to Sharplink, Inc. in February 2026. Established in 2019, Sharplink's corporate headquarters are located in Miami, Florida.
SBET Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call highlighted meaningful strategic progress: large and growing ETH treasury, notable revenue growth from staking/yield activities, a new $125M yield fund with Galaxy, disciplined capital actions (equity raise and share repurchases), and index inclusion that broadens institutional access. Offsetting these positives were material accounting-driven negatives—primarily a $321M unrealized loss and a $394M reported net loss—along with higher operating expenses and reduced realized gains. Management emphasized these losses are tied to market pricing and do not reduce ETH units held, while stressing long-term treasury productivity and ecosystem investments to compound ETH per share.View all SBET earnings summariesSBET Stock 12 Month Forecast
Average Price Target
$15.20
▲(82.69% Upside)
Technical Analysis
Ownership Overview
4.78% Insiders
6.07% Mutual Funds
0.05% Other Institutional Investors
70.85% Public Companies and
Individual Investors