Q1 Earnings Estimate for SBET Issued By HC Wainwright

Key Points

• HC Wainwright projects Q1 2026 EPS of $0.04 for Sharplink Gaming, reiterating a Buy rating with a $10 target and forecasting FY2026/FY2027 EPS of $0.18 and $0.15 respectively.
• Sharplink reported $0.06 EPS on March 6, beating consensus by $0.11, but revenue missed at $13.31M versus $17.19M and the company showed extremely negative profitability metrics (net margin -2,618.38% and ROE -50.72%).
• Analyst views are mixed but overall positive—seven Buys, one Hold, one Sell—with an average rating of “Moderate Buy” and an average target price of $22.88; institutional ownership is about 13.75% and market cap is roughly $1.27B.

Sharplink Gaming Inc. (NASDAQ:SBET - Free Report) - Investment analysts at HC Wainwright issued their Q1 2026 earnings estimates for shares of Sharplink Gaming in a research report issued to clients and investors on Tuesday, April 7th. HC Wainwright analyst K. Dede expects that the company will post earnings of $0.04 per share for the quarter. HC Wainwright currently has a "Buy" rating and a $10.00 target price on the stock. HC Wainwright also issued estimates for Sharplink Gaming's Q2 2026 earnings at $0.05 EPS, Q3 2026 earnings at $0.04 EPS, Q4 2026 earnings at $0.04 EPS, FY2026 earnings at $0.18 EPS and FY2027 earnings at $0.15 EPS.

Sharplink Gaming (NASDAQ:SBET - Get Free Report) last posted its earnings results on Friday, March 6th. The company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of ($0.05) by $0.11. Sharplink Gaming had a negative net margin of 2,618.38% and a negative return on equity of 50.72%. The company had revenue of $13.31 million for the quarter, compared to analysts' expectations of $17.19 million.

A number of other research analysts have also recently commented on SBET. Wall Street Zen raised shares of Sharplink Gaming from a "sell" rating to a "hold" rating in a research report on Saturday, March 14th. Cantor Fitzgerald started coverage on shares of Sharplink Gaming in a research report on Monday, January 5th. They issued an "overweight" rating and a $15.00 target price on the stock. Citizens Jmp decreased their target price on shares of Sharplink Gaming from $50.00 to $40.00 and set a "market outperform" rating on the stock in a research report on Wednesday, March 11th. iA Financial set a $20.00 target price on shares of Sharplink Gaming in a research report on Wednesday, January 7th. Finally, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Sharplink Gaming in a research report on Thursday, January 22nd. Seven research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Sharplink Gaming presently has an average rating of "Moderate Buy" and an average target price of $22.88.

Sharplink Gaming Price Performance

NASDAQ SBET opened at $6.42 on Thursday. The firm's 50-day moving average is $7.12 and its two-hundred day moving average is $10.33. Sharplink Gaming has a 12 month low of $2.26 and a 12 month high of $124.12. The stock has a market capitalization of $1.27 billion, a P/E ratio of -2.69 and a beta of 11.31.

Institutional Trading of Sharplink Gaming

A number of institutional investors and hedge funds have recently bought and sold shares of the business. J. Derek Lewis & Associates Inc. purchased a new stake in Sharplink Gaming during the fourth quarter worth about $434,000. Hsbc Holdings PLC increased its stake in Sharplink Gaming by 12.6% during the fourth quarter. Hsbc Holdings PLC now owns 99,001 shares of the company's stock worth $867,000 after purchasing an additional 11,114 shares during the period. Invesco Ltd. increased its stake in Sharplink Gaming by 165.9% during the fourth quarter. Invesco Ltd. now owns 2,734,052 shares of the company's stock worth $24,442,000 after purchasing an additional 1,706,011 shares during the period. Empowered Funds LLC purchased a new stake in Sharplink Gaming during the fourth quarter worth about $56,000. Finally, XTX Topco Ltd purchased a new stake in Sharplink Gaming during the fourth quarter worth about $871,000. 13.75% of the stock is currently owned by hedge funds and other institutional investors.

Sharplink Gaming Company Profile

SharpLink Gaming, Inc operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. The company operates through four segments: Affiliate Marketing Services United States, Affiliate Marketing Services International, Sports Gaming Client Services, and SportsHub Games Network. It operates a performance marketing platform, which owns and operates state-specific web domains to attract, acquire, and drive local sports betting and casino traffic directly to the company's sportsbook and casino partners, which are licensed to operate in each respective state; and offers sports betting data to sports media publishers.

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