Companies /Financial Services

Sharplink Gaming Ltd

NASDAQ: SBET Capital Markets
$6.02
▲ $0.17 (+2.91%) today
Markets closed · 8:47pm ET

SBET at a Glance

Valuation
Market cap
$1.3B
Profitability
Revenue (TTM)
$52.8M
EPS (TTM)
$-8.92
Price
52-week range
$4 – $12
Street target
$16.12

Headquartered in Miami, FL Fiscal year ends December NASDAQ: SBET sharplink.com

About Sharplink

Sharplink, Inc. (Nasdaq: SBET) operates an Ethereum treasury platform designed to give public market investors exposure to ETH. It is one of the largest corporate holders of Ether, with approximately 892,708 ETH as of September 30, 2026.

Holdings include native ETH and liquid staking/restaking tokens:
- LsETH
- weETH
- wstETH

The company actively manages its treasury to generate yield. Staking produces the large majority of its revenue, with a smaller legacy affiliate marketing business making up the remainder.

Recent initiatives include:
- A $200 million ETH staking allocation through Lido.
- The Galaxy Sharplink Onchain Yield Fund, co-launched with Galaxy Digital.
- A strategic equity investment in Ethereum infrastructure company Blockspace.

The company's chairman is Ethereum co-founder Joseph Lubin. Its financial results are heavily influenced by ETH price movements through fair-value accounting and impairment charges. Sharplink was founded in 2019, previously operated as Sharplink Gaming, and funds its strategy partly through equity issuance, including an ATM facility, alongside a stock repurchase program. Updated

Latest Activity

SBETSharplink
Q3 2026
EPS
$3.45
Revenue
$13M
est $11M+28.1%

Nearly all of the $751.4 million in net income was non-cash: $676.7 million of unrealized gains on Ethereum held at fair value. The operating business is still tiny, with revenue of $13.5 million exceeding expectations by 28%, staking doing almost all the work, and a nine-month tally that remains a $328.4 million net loss. Earnings here are an ETH price chart with a ticker attached.

Quarterly EPS — reported vs estimate
Earnings on deck — Nov 9–13
601 companies248 before open353 after close

601 companies report next week, and Monday alone front-loads the power trade: Constellation Energy, NRG and Fervo Energy all deliver before the open, alongside KKR, Barrick Mining and monday.com. Data center electricity demand gets its clearest read of the quarter.

  • CEGConstellation Energy CorporationMon Nov 9Before open
  • MNDYmonday.com Ltd.Mon Nov 9Before open
  • NRGNRG Energy, Inc.Mon Nov 9Before open
  • SBETSharplink, Inc.Mon Nov 9Before open
  • VRTSVirtus Investment Partners, Inc.Mon Nov 9Before open
  • BBarrick Mining CorporationMon Nov 9Before open
  • CEVACeva, Inc.Mon Nov 9Before open
  • CGENCompugen Ltd.Mon Nov 9Before open
  • IONSIonis Pharmaceuticals, Inc.Mon Nov 9Before open
  • UNITUniti Group Inc.Mon Nov 9Before open
  • FRVOFervo Energy CompanyMon Nov 9Before open
  • HRTXHeron Therapeutics, Inc.Mon Nov 9Before open
  • KGSKodiak Gas Services, Inc. Mon Nov 9Before open
  • KKRKKR & Co. Inc.Mon Nov 9Before open
  • KSPIJoint Stock Company Kaspi.kzMon Nov 9Before open

SBET Coverage

Frequently Asked Questions

What does Sharplink do?

Sharplink, Inc. (Nasdaq: SBET) operates an Ethereum treasury platform designed to give public market investors exposure to ETH. It is one of the largest corporate holders of Ether, with approximately 892,708 ETH as of September 30, 2026.

What is the SBET stock price target?

The Wall Street consensus 12-month price target for SBET is $16.12.