SharpLink Gaming Inc's stock price fell by 9.51% during regular trading, crossing below the 20-day SMA. This decline occurs as the Nasdaq-100 is down 0.38% and the S&P 500 is down 0.12%, indicating a broader market weakness.
The drop in SharpLink's stock price is attributed to sector rotation, as investors are shifting their focus away from gaming stocks amid the overall market decline. The technical indicator of crossing below the 20-day SMA further emphasizes the bearish sentiment surrounding the stock.
This significant price movement may raise concerns among investors about the company's short-term performance, especially in light of the current market conditions. Investors will be closely monitoring any upcoming developments that could impact SharpLink's future performance.
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 25.60 USD with a low forecast of 15.00 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.
5 Analyst Rating
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 25.60 USD with a low forecast of 15.00 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.
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 9.370
Low
15.00
Averages
25.60
High
50.00
Current: 9.370
Low
15.00
Averages
25.60
High
50.00
Canaccord
Buy
initiated
$16
2026-01-29
New
Reason
Canaccord
Price Target
$16
AI Analysis
2026-01-29
New
initiated
Buy
Reason
Canaccord initiated coverage of SharpLink Gaming with a Buy rating and $16 price target. The firm likes the digital asset treasury company operating model and says it "has legs." SharpLink management is a "key differentiator," the analyst tells investors in a research note.
Alliance Global
Buy
downgrade
$48 -> $20
2026-01-07
Reason
Alliance Global
Price Target
$48 -> $20
2026-01-07
downgrade
Buy
Reason
Alliance Global lowered the firm's price target on SharpLink Gaming to $20 from $48 and keeps a Buy rating on the shares. SharpLink now holds 864,402 Ethereum worth about $2.9B and has about 210M shares outstanding, notes the analyst, who also points out that the price of ETH is down about 30% since the firm's last report, driving its lowered price target.
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B. Riley
Buy
downgrade
$32 -> $19
2025-11-18
Reason
B. Riley
Price Target
$32 -> $19
2025-11-18
downgrade
Buy
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.
Bernstein
Outperform
initiated
$24
2025-10-31
Reason
Bernstein
Price Target
$24
2025-10-31
initiated
Outperform
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.
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. Its segment includes ETH Treasury Management and Affiliate Marketing. The ETH Treasury Management segment captures ETH-based yield generated by participating in the Ethereum network’s staking protocol, which is currently comprised of rewards received from native staking. The Affiliate Marketing segment is focused on performance-based customer acquisition services for leading sportsbooks and online casino gaming operators throughout the world. 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.
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.
