Sharplink Gaming Ltd. (SBET)
NASDAQ:SBET
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SBET Stock Chart & Stats
$7.99
-$0.02(-3.77%)
At close: 4:00 PM EST
$7.99
-$0.02(-3.77%)
Day’s Range― - ―
52-Week Range$5.06 - $49.52
Previous CloseN/A
Volume77.43K
Average Volume (3M)7.37M
Market Cap
$1.02B
Enterprise Value$1.19B
Total Cash (Recent Filing)$16.88M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta4.15
Next Earnings
Aug 14, 2026EPS Estimate
0.61Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-10.55
Shares Outstanding197,211,410
10 Day Avg. Volume8,494,672
30 Day Avg. Volume7,371,330
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 Cap1.17
Enterprise Value/Revenue30.17
Enterprise Value/Gross Profit31.55
Enterprise Value/Ebitda-1.63
Forecast
1Y Price Target
$14.64Price Target Upside83.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)-0.74
Revenue Forecast (FY)$60.51M
Bulls Say, Bears Say
Bulls Say
Rapid Revenue GrowthSharpLink's top-line surge driven by its staking-first strategy shows the business model can scale revenue from treasury productivity rather than speculative trading. Durable revenue growth from staking and realized gains supports long-term operating scale and reinvestment potential if cash generation stabilizes.
Large ETH Treasury & Staking-first ModelA sizeable, growing ETH balance and near-100% staking policy create a structural advantage: persistent yield generation, compounding ETH per share, and exposure to long-term on-chain adoption. This asset base gives optionality to fund operations, launch products, and capture upside from Ethereum ecosystem growth.
Conservative Leverage ProfileMinimal financial leverage provides flexibility to withstand crypto market cycles and fund the staking strategy without debt servicing pressure. A strong equity base supports potential capital deployment, partnerships, or absorptions of temporary P&L volatility without immediate solvency risk.
Bears Say
Deep Negative ProfitabilityPersistently large net losses indicate the current business and treasury execution are not yet converting high gross economics into sustainable profits. Continued negative profitability erodes retained capital, complicates ROE recovery, and may force dilution or spending cuts unless operating margins improve.
Weak Cash Generation And Tightening LiquidityNegative operating and free cash flow alongside falling cash balances create a durable operational constraint. Limited liquidity increases dependence on external financing or asset sales to fund SG&A and staking deployments, reducing strategic optionality and raising execution risk during market stress.
Accounting-driven Volatility For Liquid Staking TokensCurrent U.S. GAAP treatment of liquid staking tokens produces significant P&L swings and impairment risk even without disposals. This structural accounting volatility can obscure operating performance, complicate comparability, and pressure capital-raising or partnerships until accounting scope is clarified.
SharpLink Gaming News
SBET FAQ
What was Sharplink Gaming Ltd.’s price range in the past 12 months?
Sharplink Gaming Ltd. lowest stock price was $5.06 and its highest was $49.52 in the past 12 months.
What is Sharplink Gaming Ltd.’s market cap?
Sharplink Gaming Ltd.’s market cap is $1.02B.
When is Sharplink Gaming Ltd.’s upcoming earnings report date?
Sharplink Gaming Ltd.’s upcoming earnings report date is Aug 14, 2026 which is in 64 days.
How were Sharplink Gaming Ltd.’s earnings last quarter?
Sharplink Gaming Ltd. released its earnings results on May 11, 2026. The company reported -$3.25 earnings per share for the quarter, missing the consensus estimate of -$0.62 by -$2.63.
Is Sharplink Gaming Ltd. overvalued?
According to Wall Street analysts Sharplink Gaming Ltd.’s price is currently Undervalued.
Does Sharplink Gaming Ltd. pay dividends?
Sharplink Gaming Ltd. does not currently pay dividends.
What is Sharplink Gaming Ltd.’s EPS estimate?
Sharplink Gaming Ltd.’s EPS estimate is 0.61.
How many shares outstanding does Sharplink Gaming Ltd. have?
Sharplink Gaming Ltd. has 197,211,410 shares outstanding.
What happened to Sharplink Gaming Ltd.’s price movement after its last earnings report?
Sharplink Gaming Ltd. reported an EPS of -$3.25 in its last earnings report, missing expectations of -$0.62. Following the earnings report the stock price went up 4.301%.
Which hedge fund is a major shareholder of Sharplink Gaming Ltd.?
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
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
$14.64 (83.26% Upside)
$14.64 (83.26% Upside)
Blogger Sentiment
Bullish
SBET Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 176.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $303.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 3.9%
Last 30 Days ▼ 3.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-81.92%
12-Months-Change
Fundamentals
Return on Equity
-73.93%
Trailing 12-Months
Asset Growth
9999.00%
Trailing 12-Months
Company Description
Sharplink Gaming Ltd.
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a mixed picture: operational and strategic progress (large ETH treasury, very strong revenue growth from staking, a strategic Galaxy fund partnership, and favorable ecosystem/regulatory tailwinds) were offset by large accounting-driven headline losses (a $506.7M unrealized loss, $191.7M impairment and $685.6M net loss), rising operating expenses and lower cash balances. Management emphasized long-term orientation, disciplined risk controls and the thesis that short-term market/price dislocations do not alter their multi-year view of Ethereum demand.View all SBET earnings summariesSBET Stock 12 Month Forecast
Average Price Target
$14.64
▲(83.26% Upside)
Technical Analysis
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Ownership Overview
6.83% Insiders
6.67% Mutual Funds
10.49% Other Institutional Investors
65.63% Public Companies and
Individual Investors