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Upturn AI Summary - About
Sharplink Gaming Ltd(SBET)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for SBET
10/23/2026: SBET (3-star) is currently NOT-A-BUY. Pass it for now.
SharpLink Gaming Ltd. is a specialized technology provider for the sports betting industry, focusing on conversion and affiliate marketing tools. The company’s primary strength lies in its proprietary C4 technology, which embeds betting services directly into sports media platforms. Its growth story hinges on the continued expansion of legalized sports betting in the U.S. and the successful scaling of its B2B partnerships. However, SharpLink faces significant risks, including intense competition from larger affiliate giants, sensitivity to sportsbook marketing budgets, and the need for more consistent profitability. It is a speculative investment that may suit growth-oriented investors who can tolerate high volatility and execution risk.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company operates in a high-growth industry but has yet to demonstrate consistent profitable growth. |
| Momentum investor | Weak fit | The stock lacks the consistent positive price trends often required by momentum strategies. |
| Value investor | Weak fit | The absence of reliable earnings and cash flow makes it difficult to apply traditional value metrics. |
| Dividend investor | Weak fit | The company does not pay dividends and focuses entirely on growth/sustainability. |
| Low-risk investor | Weak fit | High price volatility and speculative business status make it unsuitable for risk-averse investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is subject to significant price swings due to low liquidity and market sentiment. |
| Valuation risk | High | Valuations are difficult to support in the absence of stable profitability. |
| Competition risk (affiliate/tech competition) | High | The company faces intense competition from well-established affiliate giants with larger resources. |
| Business quality | Medium | While the technology is niche, the company lacks a broad, defensive economic moat. |
| Dividend income | Low / none | Investors should expect no income from dividends. |
| Execution risk | High | Failure to scale the platform or retain key media partners could severely impact the business. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Highly Choppy
The stock has experienced frequent, large price swings that make its near-term movement less predictable.
Analysis of Past Performance
Type Stock | Historic Profit 36.41% | Avg. Invested days 26 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/23/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.66B USD | Price to earnings Ratio - | 1Y Target Price 16.62 |
Price to earnings Ratio - | 1Y Target Price 16.62 | ||
Volume (30-day avg) 8.1M shares | Beta 10.59 | 52 Weeks Range 4.46 - 14.90 | Updated Date 10/25/2026 |
52 Weeks Range 4.46 - 14.90 | Updated Date 10/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -11.91 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Conversion Technologies | Fees and revenue share generated from affiliate links and conversion tools on publisher sites. | The company earns money by helping sportsbooks find new customers through media websites. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 151.52 | Enterprise Value 3.49B | Price to Sales(TTM) 33.01 |
Enterprise Value 3.49B | Price to Sales(TTM) 33.01 | ||
Enterprise Value to Revenue 1108.71 | Enterprise Value to EBITDA -0.18 | Shares Outstanding 217.22M | Shares Floating 195.79M |
Shares Outstanding 217.22M | Shares Floating 195.79M | ||
Percent Insiders 6.36 | Percent Institutions 51.63 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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