Sharplink

SBET · NASDAQ

$7.87+$0.41 (+5.50%)TodayMarket closed ·
Prev close $7.46

SBET analyst rating

BuyConsensus of 8 analysts over the last 12 months. 100% rate it a buy.
  • Strong buy0
  • Buy8
  • Hold0
  • Underperform0
  • Sell0

12-month price target · 11 analysts

Average $16.21 (+105.9% upside)

Low
$8.08
Now
$7.87
High
$31.50

Upgrades and downgrades

The latest rating actions, newest first

SBET analyst upgrades, downgrades and rating actions
FirmDateActionRating
B. Riley SecuritiesSep 22, 2026MaintainsBuy
Cantor FitzgeraldSep 10, 2026MaintainsOverweight
Canaccord GenuityAug 18, 2026MaintainsBuy
TD CowenJul 31, 2026MaintainsBuy
CitizensJul 9, 2026MaintainsMarket Outperform
Cantor FitzgeraldJul 1, 2026MaintainsOverweight
TD CowenApr 10, 2026InitiatesBuy
HC Wainwright & Co.Apr 7, 2026InitiatesBuy
Canaccord GenuityMar 17, 2026MaintainsBuy
CitizensMar 11, 2026MaintainsMarket Outperform

The case for and against

Updated Sep 22, 2026

Bull case

Sharplink is in a strong position to benefit from the rising popularity of Ethereum as a treasury reserve and its established online affiliate marketing business, which generates the majority of its revenue. Its commitment to programmable finance and decentralized infrastructure aligns with industry trends and positions the company for long-term success in the rapidly evolving world of digital assets.

Bear case

Sharplink is heavily reliant on its ETH Treasury Management segment for revenue, but it faces fierce competition in the DATCO market. Additionally, its stock is currently trading below its mNAV, which has been volatile in recent months due to market conditions. While Sharplink has made strategic moves, such as partnering with Galaxy Digital and acquiring ETH, to generate yield and stay ahead of the competition, it will need to continue to innovate to maintain its edge. However, given the current market sentiment towards ETH and other DATs, it is unlikely that Sharplink's stock will see a significant increase in the near future.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.