SharpLink Gaming Inc Hits 5-Day High Amid Market Weakness
Written by Emily J. Thompson, Senior Investment Analyst
Source: 4
Updated: 05 Dec 25
Source: 4
SharpLink Gaming Inc's stock rose by 5.29%, reaching a 5-day high amid a declining market.
The Nasdaq-100 and S&P 500 both experienced slight declines, indicating a broader market weakness that has affected investor sentiment.
Despite the overall market downturn, SharpLink's performance suggests resilience, potentially attracting investors looking for opportunities in a challenging environment.
SBET$0.0000%Past 6 months

No Data
Analyst Views on SBET
Wall Street analysts forecast SBET stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SBET is 35.25 USD with a low forecast of 19.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast SBET stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SBET is 35.25 USD with a low forecast of 19.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 10.590

Current: 10.590

downgrade
$32 -> $19
Reason
B. Riley lowered the firm's price target on SharpLink Gaming to $19 from $32 and keeps a Buy rating on the shares. Any intelligent leverage announcement that improves ROE would serve as a catalyst and drive mNAV expansion, the analyst tells investors in a research note.
Outperform
initiated
$24
Reason
Bernstein initiated coverage of SharpLink Gaming with an Outperform rating and $24 price target. The firm expects SharpLink to emerge as a compliant-first-institutional focused investment vehicle to access ETH as an investment and yield-generating asset. The company also enjoys yield synergies within the broader Consensys group. Heading into a lower rate regime, Bernstein expects significant investor appetite for SharpLink's ability to deliver a sustainable ETH yield over the industry ETH staking yield.
Outperform
initiated
$50
Reason
Citizens JMP initiated coverage of SharpLink Gaming with an Outperform rating and $50 price target, representing potential upside of over 200% from current levels. SharpLink is building the leading Ethereum treasury company, offering investors a "differentiated vehicle" to gain exposure to Ethereum's growth and yield generation, the analyst tells investors in a research note. The firm believes Ethereum adoption is set to accelerate materially.
NULL -> Buy
initiated
$32
Reason
B. Riley initiated coverage of SharpLink Gaming with a Buy rating and $32 price target.
About SBET
SharpLink Gaming, Inc. is an online performance-based marketing company serving the United States (U.S.) sports betting and global iGaming industries. The Company is a marketing partner to sportsbooks and online casino gaming operators worldwide. It operates through the Affiliate Marketing Services segment. Through its iGaming affiliate marketing network, known as PAS.net, it focuses on driving qualified traffic and player acquisitions, retention and conversions to U.S. regulated and global iGaming operator partners worldwide. It also owns and operates a portfolio of direct-to-player, state-specific, affiliate marketing Websites designed to attract, acquire and drive local sports betting and online casino gaming traffic to its valued partners, which are licensed to operate in each respective state. It is licensed to operate in about 18 jurisdictions and owns and operates direct-to-player (D2P) sites serving 17 U.S. states. It has developed a treasury strategy centered on ETH.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.