SharpLink Gaming Performance: SharpLink Gaming, Inc. (NASDAQ:SBET) experienced a significant increase of 15.69% on Friday, closing at $20.87, driven by positive investor sentiment linked to Ethereum's record high.
Ethereum Surge: Ethereum reached a new peak of $4,866, contributing to an overall rally in both cryptocurrency and stock markets following hints from Federal Reserve Chairman Jerome Powell about potential rate cuts.
Investment in Ethereum: SharpLink Gaming has become one of the largest holders of Ethereum, increasing its treasury to over $3.2 billion after acquiring 143,593 ETH for $667 million at an average price of $4,648.
AI Stocks Perspective: While SBET shows promise as an investment, there is a belief that certain AI stocks may offer better returns with lower risk, prompting a recommendation to explore a report on a promising short-term AI stock.
SBET
$9.71+Infinity%1D
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.
4 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 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.
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 9.510
Low
19.00
Averages
35.25
High
50.00
Current: 9.510
Low
19.00
Averages
35.25
High
50.00
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.
Citizens JMP
Outperform
initiated
$50
2025-10-16
Reason
Citizens JMP
Price Target
$50
2025-10-16
initiated
Outperform
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.
B. Riley
NULL -> Buy
initiated
$32
2025-10-15
Reason
B. Riley
Price Target
$32
2025-10-15
initiated
NULL -> Buy
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.
