Sharplink Gaming (SBET) Stock Price, News & Analysis

Company Overview

Sharplink Gaming (NASDAQ: SBET) is a technology-driven gaming company that specializes in developing and operating integrated online sports betting and casino platforms. Leveraging proprietary software and a modular, cloud-based architecture, the company provides scalable turnkey solutions to licensed operators and state regulators. Sharplink’s core offerings include real-time odds generation, risk management tools, player account management, and secure transaction processing, all delivered through customizable front-end interfaces for desktop and mobile devices.

In addition to its B2B platform services, Sharplink Gaming manages its own branded gaming properties under strategic partnerships with state-licensed operators in regulated jurisdictions. The company’s managed services encompass marketing, customer support, compliance reporting, and payment processing, allowing partners to launch and maintain digital sports wagering and casino sites without extensive in-house resources. Sharplink’s technology stack supports a broad range of sports, virtual events, and casino game content sourced from leading third-party providers as well as proprietary titles developed by its in-house studio.

Founded in 2016 by a team of veteran gaming executives and technologists, Sharplink initially focused on digital marketing solutions for the entertainment sector before pivoting to online wagering in 2018. The company completed its initial public offering on the Nasdaq exchange in late 2022, adopting the ticker SBET. Since then, Sharplink has expanded its footprint through strategic partnerships and licensing agreements, securing market access in key U.S. states and international territories that have adopted regulated online gaming frameworks.

Headquartered in Toronto with regional offices in New Jersey and London, Sharplink Gaming serves operators and regulators in North America, Europe, and select Latin American markets. Under the leadership of CEO Jonathan Reeves and CFO Melissa Chang, the company emphasizes regulatory compliance, data analytics, and user experience as cornerstones of its growth strategy. With a focus on innovation and adaptability, Sharplink continues to develop new gaming verticals, explore emerging markets, and form alliances aimed at enhancing its platform capabilities and broadening its global reach.

Key Stats

• Today's Range: $23.17 to $27.61
• 50-Day Range: $2.79 to $79.21
• 52-Week Range: $2.26 to $124.12
• Volume: 54.74 million shs
• Average Volume: 2.93 million shs
• Market Capitalization: $15.86 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Sharplink Gaming Stock Analysis - MarketRank™

Sharplink Gaming scored higher than 26% of companies evaluated by MarketBeat, and ranked 238th out of 287 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Sharplink Gaming.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Sharplink Gaming has a P/B Ratio of 4.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.22% of the float of Sharplink Gaming has been sold short.

Short Interest Ratio / Days to Cover

Sharplink Gaming has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sharplink Gaming has recently decreased by 60.94%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sharplink Gaming does not currently pay a dividend.

Dividend Growth

Sharplink Gaming does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.22% of the float of Sharplink Gaming has been sold short.

Short Interest Ratio / Days to Cover

Sharplink Gaming has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sharplink Gaming has recently decreased by 60.94%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.38

News Sentiment

Sharplink Gaming has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.84 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 22 news articles for Sharplink Gaming this week, compared to 1 article on an average week.

Search Interest

56 people have searched for SBET on MarketBeat in the last 30 days. This is an increase of 70% compared to the previous 30 days.

MarketBeat Follows

19 people have added Sharplink Gaming to their MarketBeat watchlist in the last 30 days. This is an increase of 138% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Sharplink Gaming insiders have bought more of their company's stock than they have sold. Specifically, they have bought $349,978.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 7.50% of the stock of Sharplink Gaming is held by insiders.

Percentage Held by Institutions

Only 13.75% of the stock of Sharplink Gaming is held by institutions.

SBET Stock Analysis - Frequently Asked Questions

How have SBET shares performed this year?

Sharplink Gaming's stock was trading at $7.7304 on January 1st, 2025. Since then, SBET stock has increased by 208.9% and is now trading at $23.88.

How were Sharplink Gaming's earnings last quarter?

Sharplink Gaming Inc. (NASDAQ:SBET) announced its earnings results on Thursday, May, 15th. The company reported ($1.73) earnings per share (EPS) for the quarter. The business had revenue of $0.74 million for the quarter. Sharplink Gaming had a negative net margin of 94.08% and a negative trailing twelve-month return on equity of 162.25%.

When did Sharplink Gaming's stock split?

Shares of Sharplink Gaming reverse split on the morning of Tuesday, May 6th 2025.The 1-12 reverse split was announced on Thursday, May 1st 2025. The number of shares owned by shareholders was adjusted after the closing bell on Monday, May 5th 2025. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split.

How do I buy shares of Sharplink Gaming?

Shares of SBET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Sharplink Gaming own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sharplink Gaming investors own include Jiuzi (JZXN), Faraday Future Intelligent Electric (FFIE), Draganfly (DPRO), Forza X1 (FRZA), Canoo (GOEV) and Greenwave Technology Solutions (GWAV).

Company Calendar

• Last Earnings: 5/15/2025
• Today: 7/15/2025
• Next Earnings (Estimated): 8/13/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: GAMING
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:SBET
• CIK: 1025561
• Web: www.mtsint.com
• Phone: (612) 293-0619
• Fax: 972-9777-7566
• Employees: 62
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $10.10 million
• Net Margins: -94.08%
• Pretax Margin: -105.98%
• Return on Equity: -162.25%
• Return on Assets: -120.73%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.27
• Quick Ratio: 3.27

Sales & Book Value

• Annual Sales: $3.43 million
• Price / Sales: 4.63
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $5.12 per share
• Price / Book: 4.66

Miscellaneous

• Outstanding Shares: 664,000
• Free Float: 594,000
• Market Cap: $15.86 million
• Optionable: Not Optionable
• Beta: 9.46