SharpLink Gaming's Stock Declines Amid Market Weakness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 30 Jan 26
SharpLink Gaming Inc's stock fell by 5.66% as it hit a 20-day low, reflecting broader market trends.
The decline comes amid significant market weakness, with the Nasdaq-100 down 1.23% and the S&P 500 down 0.61%. Despite the company's CEO praising the influence of Michael Saylor on cryptocurrency strategies, the stock has suffered a substantial drop of 82% since implementing its Ethereum strategy, raising concerns about its long-term viability.
This poor performance highlights the challenges faced by SharpLink in a volatile market, as investors remain cautious amid ongoing economic uncertainties.
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 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
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
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.
