Q3 Earnings Estimate for Sharplink Gaming Issued By B. Riley

Key Points

• B. Riley has issued a "Buy" rating on Sharplink Gaming with a price target of $32.00, anticipating Q3 2025 earnings per share of ($0.08).
• Sharplink Gaming reported a Q2 loss of ($0.64) EPS and has a negative return on equity of 15.93%.
• Insiders have sold a total of 55,002 shares within the last 90 days, indicating a significant decrease in ownership for some directors.

Sharplink Gaming Inc. (NASDAQ:SBET - Free Report) - Investment analysts at B. Riley issued their Q3 2025 earnings per share (EPS) estimates for shares of Sharplink Gaming in a research note issued to investors on Wednesday, October 15th. B. Riley analyst F. Shabalin expects that the company will post earnings per share of ($0.08) for the quarter. B. Riley currently has a "Buy" rating and a $32.00 price target on the stock. B. Riley also issued estimates for Sharplink Gaming's Q4 2025 earnings at ($0.05) EPS, FY2025 earnings at ($6.24) EPS and FY2026 earnings at ($0.01) EPS.

Sharplink Gaming (NASDAQ:SBET - Get Free Report) last announced its earnings results on Thursday, August 14th. The company reported ($0.64) earnings per share for the quarter. Sharplink Gaming had a negative return on equity of 15.93% and a negative net margin of 3,377.39%.The company had revenue of $0.70 million for the quarter.

Several other research firms also recently issued reports on SBET. Alliance Global Partners assumed coverage on Sharplink Gaming in a report on Tuesday, August 26th. They issued a "buy" rating and a $48.00 price objective on the stock. JMP Securities began coverage on shares of Sharplink Gaming in a research note on Thursday. They set a "market outperform" rating and a $50.00 target price on the stock. Citizens Jmp initiated coverage on shares of Sharplink Gaming in a research note on Thursday. They issued a "mkt outperform" rating and a $50.00 price target for the company. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of Sharplink Gaming in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Sharplink Gaming currently has an average rating of "Moderate Buy" and an average target price of $45.00.

Sharplink Gaming Price Performance

Shares of NASDAQ SBET opened at $14.34 on Monday. The business's 50 day moving average is $17.74 and its two-hundred day moving average is $16.48. Sharplink Gaming has a 52-week low of $2.26 and a 52-week high of $124.12.

Insider Buying and Selling

In related news, Director Obie Mckenzie sold 18,334 shares of the company's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $19.17, for a total value of $351,462.78. Following the completion of the transaction, the director directly owned 24,998 shares of the company's stock, valued at $479,211.66. This represents a 42.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Leslie Bernhard sold 18,334 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $19.17, for a total value of $351,462.78. Following the sale, the director directly owned 24,998 shares of the company's stock, valued at approximately $479,211.66. This represents a 42.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 55,002 shares of company stock worth $1,054,388 over the last 90 days. 3.40% of the stock is owned by insiders.

Institutional Investors Weigh In On Sharplink Gaming

A number of large investors have recently bought and sold shares of SBET. NewEdge Advisors LLC purchased a new position in shares of Sharplink Gaming during the 2nd quarter worth $101,000. Qube Research & Technologies Ltd acquired a new stake in shares of Sharplink Gaming during the 2nd quarter worth $151,000. S.A. Mason LLC acquired a new stake in Sharplink Gaming during the 3rd quarter worth approximately $249,000. HUB Investment Partners LLC purchased a new position in shares of Sharplink Gaming in the 2nd quarter valued at $298,000. Finally, Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Sharplink Gaming during the third quarter worth about $407,000. Institutional investors and hedge funds own 13.75% of the company's stock.

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.

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