Q1 Earnings Forecast for SBET Issued By HC Wainwright

Sharplink Gaming Inc. (NASDAQ:SBET) – Equities research analysts at HC Wainwright issued their Q1 2026 EPS estimates for shares of Sharplink Gaming in a report released on Tuesday, April 7th. HC Wainwright analyst K. Dede forecasts that the company will post earnings of $0.04 per share for the quarter. HC Wainwright currently has a “Buy” rating and a $10.00 target price on the stock. HC Wainwright also issued estimates for Sharplink Gaming’s Q2 2026 earnings at $0.05 EPS, Q3 2026 earnings at $0.04 EPS, Q4 2026 earnings at $0.04 EPS, FY2026 earnings at $0.18 EPS and FY2027 earnings at $0.15 EPS.

Other analysts also recently issued research reports about the stock. Wall Street Zen upgraded shares of Sharplink Gaming from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. Citizens Jmp dropped their target price on shares of Sharplink Gaming from $50.00 to $40.00 and set a “market outperform” rating for the company in a report on Wednesday, March 11th. Cantor Fitzgerald assumed coverage on shares of Sharplink Gaming in a report on Monday, January 5th. They issued an “overweight” rating and a $15.00 target price for the company. B. Riley Financial dropped their target price on shares of Sharplink Gaming from $19.00 to $10.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a $16.00 target price on shares of Sharplink Gaming in a report on Tuesday, March 17th. Seven analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $22.88.

Sharplink Gaming Stock Performance

SBET stock opened at $6.42 on Thursday. The firm has a market cap of $1.27 billion, a PE ratio of -2.69 and a beta of 11.31. The firm’s 50 day moving average price is $7.06 and its 200-day moving average price is $10.30. Sharplink Gaming has a one year low of $2.26 and a one year high of $124.12.

Sharplink Gaming (NASDAQ:SBET) last released its quarterly earnings results on Friday, March 6th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.11. The firm had revenue of $13.31 million for the quarter, compared to analyst estimates of $17.19 million. Sharplink Gaming had a negative net margin of 2,618.38% and a negative return on equity of 50.72%.

Institutional Trading of Sharplink Gaming

Institutional investors have recently added to or reduced their stakes in the stock. Alyeska Investment Group L.P. grew its stake in shares of Sharplink Gaming by 70.8% in the fourth quarter. Alyeska Investment Group L.P. now owns 4,268,673 shares of the company’s stock worth $38,162,000 after acquiring an additional 1,769,589 shares in the last quarter. Invesco Ltd. grew its stake in shares of Sharplink Gaming by 165.9% in the fourth quarter. Invesco Ltd. now owns 2,734,052 shares of the company’s stock worth $24,442,000 after acquiring an additional 1,706,011 shares in the last quarter. Vanguard Group Inc. acquired a new position in shares of Sharplink Gaming in the third quarter worth $46,447,000. Voloridge Investment Management LLC grew its stake in shares of Sharplink Gaming by 344.4% in the fourth quarter. Voloridge Investment Management LLC now owns 2,711,424 shares of the company’s stock worth $24,240,000 after acquiring an additional 2,101,252 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of Sharplink Gaming by 73.5% in the fourth quarter. BNP Paribas Financial Markets now owns 2,558,589 shares of the company’s stock worth $22,874,000 after acquiring an additional 1,083,956 shares in the last quarter. Institutional investors and hedge funds own 13.75% of the company’s stock.

About Sharplink Gaming

SharpLink Gaming, Inc operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. The company operates through four segments: Affiliate Marketing Services United States, Affiliate Marketing Services International, Sports Gaming Client Services, and SportsHub Games Network. It operates a performance marketing platform, which owns and operates state-specific web domains to attract, acquire, and drive local sports betting and casino traffic directly to the company's sportsbook and casino partners, which are licensed to operate in each respective state; and offers sports betting data to sports media publishers.