Sharplink, Inc. (SBET)Financial Services | Capital Markets | Miami, United States | NasdaqCM
5.42 USD
-0.09
(-1.633%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 5.39 -0.03 (-0.030%) ⇩ (July 13, 2026, 7:38 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:49 a.m. EDT
The investment case here is fractured between a speculative narrative and deteriorating fundamentals. On the surface, the company boasts a massive 15% revenue growth and a forward P/E under 3, which usually screams 'buy.' However, these metrics are misleading because the business is hemorrhaging cash, with operating margins at -57% and free cash flow in the hundreds of millions of dollars negative. The stock has lost 97% of its value over the last nine years, a structural decline that suggests the market sees no path to profitability despite the hype around Ethereum and gaming. The short-term outlook is murky. While the stock recently rallied, the technicals show it is still trading well below its 200-day average, and the statistical forecast offers no directional edge. The options market confirms this uncertainty: traders are betting on a massive move in either direction, likely waiting for a catalyst that hasn't materialized yet. Given the lack of dividends, the burning cash pile, and the multi-year price collapse, this is not a buy-and-hold opportunity. It remains a high-risk speculative vehicle where the odds favor the downside until the company can prove it can generate sustainable profits. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.191128 |
| AutoETS | 0.207471 |
| AutoTheta | 0.207722 |
| MSTL | 0.215017 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 26.60 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.295 |
| Excess Kurtosis | -1.11 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Revenue per Share | 0.259 |
| Market Cap | 1,139,623,296 |
| Forward P/E | 2.72 |
| Beta | 10.48 |
| Previous Name | SharpLink Gaming Ltd. |
| Website | https://www.sharplink.com |
As of July 11, 2026, 6:49 a.m. EDT: Speculators are positioning for a binary outcome centered on the $5.50 strike, which acts as a heavy anchor for both calls and puts. There is significant open interest at deep out-of-the-money strikes ($20 calls, $10 puts), suggesting a belief in extreme volatility or a specific catalyst event. However, the recent surge in put volume at lower strikes ($3.00-$5.00) indicates active hedging or bearish bets against a potential downside gap, creating a crowded short-term setup.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.76926297 |
| Address1 | 200 S. Biscayne Boulevard |
| All Time High | 25,560.0 |
| All Time Low | 2.28 |
| Ask | 6.79 |
| Ask Size | 2 |
| Average Analyst Rating | 1.1 - Strong Buy |
| Average Daily Volume10 Day | 12,639,450 |
| Average Daily Volume3 Month | 8,836,740 |
| Average Volume | 8,836,740 |
| Average Volume10Days | 12,639,450 |
| Beta | 10.48 |
| Bid | 3.9 |
| Bid Size | 2 |
| Book Value | 8.731 |
| City | Miami |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 5.42 |
| Current Ratio | 3.315 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 5.54 |
| Day Low | 5.295 |
| Display Name | Sharplink |
| Dividend Date | 1,504,656,000 |
| Earnings Call Timestamp End | 1,778,502,600 |
| Earnings Call Timestamp Start | 1,778,502,600 |
| Earnings Timestamp | 1,778,270,400 |
| Earnings Timestamp End | 1,778,270,400 |
| Earnings Timestamp Start | 1,778,270,400 |
| Ebitda | -1,417,565,952 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -0.742 |
| Enterprise To Revenue | 26.72 |
| Enterprise Value | 1,052,010,880 |
| Eps Forward | 1.99 |
| Eps Trailing Twelve Months | -8.89 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.012 |
| Fifty Day Average Change | -0.592 |
| Fifty Day Average Change Percent | -0.09846973 |
| Fifty Two Week Change Percent | -76.9263 |
| Fifty Two Week High | 40.46 |
| Fifty Two Week High Change | -35.04 |
| Fifty Two Week High Change Percent | -0.8660406 |
| Fifty Two Week Low | 4.46 |
| Fifty Two Week Low Change | 0.96000004 |
| Fifty Two Week Low Change Percent | 0.21524665 |
| Fifty Two Week Range | 4.46 - 40.46 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 864,221,400,000 |
| Float Shares | 184,633,268 |
| Forward Eps | 1.99 |
| Forward P E | 2.723618 |
| Free Cashflow | -848,402,688 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 15 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.95621 |
| Gross Profits | 37,647,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.06652 |
| Held Percent Institutions | 0.4491 |
| Implied Shares Outstanding | 210,262,597 |
| Industry | Capital Markets |
| Industry Disp | Capital Markets |
| Industry Key | capital-markets |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,746,489,600 |
| Last Split Factor | 1:12 |
| Long Business Summary | Sharplink, Inc. engages in the digital asset treasury business in the United States and internationally. The company operates as an institutional-grade Ethereum treasury platform. It operates in two segments, Ether (ETH) Treasury Management and Affiliate Marketing. The ETH Treasury Management segment focuses on the accumulation and active management of ETH as a long-term treasury asset. Its activities include native and liquid staking arrangements executed within a governance, custody, and risk management framework. The Affiliate Marketing segment provides performance-based customer acquisition services to sportsbook and online casino gaming operators. It also drives user traffic and player acquisition for licensed gaming operators through PAS.net, an international affiliate network, as well as a portfolio of U.S. state-specific digital properties. The company was formerly known as SharpLink Gaming, Inc. and changed its name to Sharplink, Inc. in February 2026. The company was founded in 2019 and is headquartered in Miami, Florida. |
| Long Name | Sharplink, Inc. |
| Market | us_market |
| Market Cap | 1,139,623,296 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_711461819 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | -1,419,160,064 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,159,598,222 |
| Number Of Analyst Opinions | 8 |
| Open | 5.44 |
| Operating Cashflow | -27,651,000 |
| Operating Margins | -56.773838 |
| Payout Ratio | 0.0 |
| Phone | 612 293 0619 |
| Post Market Change | -0.03000021 |
| Post Market Change Percent | -0.5535094 |
| Post Market Price | 5.39 |
| Post Market Time | 1,783,985,917 |
| Prev Name | SharpLink Gaming Ltd. |
| Previous Close | 5.51 |
| Price Hint | 2 |
| Price To Book | 0.62077653 |
| Price To Sales Trailing12 Months | 28.945755 |
| Profit Margins | 0.0 |
| Quick Ratio | 3.189 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.125 |
| Region | US |
| Regular Market Change | -0.0900002 |
| Regular Market Change Percent | -1.6334 |
| Regular Market Day High | 5.54 |
| Regular Market Day Low | 5.295 |
| Regular Market Day Range | 5.295 - 5.54 |
| Regular Market Open | 5.44 |
| Regular Market Previous Close | 5.51 |
| Regular Market Price | 5.42 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 5,897,561 |
| Return On Assets | -1.0144 |
| Return On Equity | -1.63058 |
| Revenue Growth | 15.251 |
| Revenue Per Share | 0.259 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 210,262,597 |
| Shares Percent Shares Out | 0.1519 |
| Shares Short | 31,935,506 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 27,834,609 |
| Short Name | SharpLink, Inc. |
| Short Percent Of Float | 0.1522 |
| Short Ratio | 3.08 |
| Source Interval | 15 |
| State | FL |
| Symbol | SBET |
| Target High Price | 30.0 |
| Target Low Price | 8.1 |
| Target Mean Price | 16.2625 |
| Target Median Price | 15.5 |
| Total Cash | 16,875,000 |
| Total Cash Per Share | 0.086 |
| Total Debt | 0 |
| Total Revenue | 39,371,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -8.89 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 9.0538 |
| Two Hundred Day Average Change | -3.6337996 |
| Two Hundred Day Average Change Percent | -0.4013563 |
| Type Disp | Equity |
| Volume | 5,897,561 |
| Website | https://www.sharplink.com |
| Zip | 33,131 |