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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
09/25/2026: SBET (1-star) has a low Upturn Star Rating. Not recommended to BUY.
SharpLink Gaming is a technology-focused company providing conversion solutions for the sports betting and iGaming industry. Its primary strength lies in its proprietary technology designed to convert sports media audiences into active bettors for operators. The main investment story centers on the continued growth of legal sports betting and the scalability of its tech platform. However, risks include high operational costs, dependence on a few key partners, and stiff competition from larger, well-funded affiliate firms. Investors should monitor quarterly progress on cash management and new partnership sign-ups, as the company remains an early-stage growth play with high volatility and no current dividend yield.
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 offers exposure to the growing sports betting market, but requires significant proof of scalable, profitable growth. |
| Momentum investor | Weak fit | The stock lacks the consistent trend of positive performance required for traditional momentum strategies. |
| Value investor | Weak fit | The company's lack of consistent earnings makes standard valuation metrics difficult to apply. |
| Dividend investor | Weak fit | The company does not pay dividends and focuses on growth and survival. |
| Low-risk investor | Weak fit | High volatility and operational uncertainty make this unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is susceptible to significant price swings due to its small market capitalization and industry sensitivity. |
| Valuation risk | High | Determining a fair value is challenging given the company's early-stage revenue and lack of positive cash flow. |
| Competition risk (affiliate industry) | High | Large competitors like Better Collective have scale advantages that pressure pricing and market share. |
| Business quality | Medium | The business provides essential conversion services, but its market position is still maturing. |
| Dividend income | Low / none | Investors cannot rely on this stock for income generation. |
| Execution risk | High | The company's success depends on effectively scaling its technology platform and winning key media partnerships. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
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 -75.2% | Avg. Invested days 26 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
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 Mid-Cap Stock | Market Capitalization 2.09B USD | Price to earnings Ratio - | 1Y Target Price 16.62 |
Price to earnings Ratio - | 1Y Target Price 16.62 | ||
Volume (30-day avg) 9.8M shares | Beta 10.55 | 52 Weeks Range 4.46 - 19.54 | Updated Date 09/27/2026 |
52 Weeks Range 4.46 - 19.54 | Updated Date 09/27/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -4.49 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Conversion Technology | Revenue generated from helping operators acquire customers via embedded technology. | The company earns fees by acting as a bridge that turns sports fans into betting customers for operators. |
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 196.08 | Enterprise Value 2.07B | Price to Sales(TTM) 41.67 |
Enterprise Value 2.07B | Price to Sales(TTM) 41.67 | ||
Enterprise Value to Revenue 41.29 | Enterprise Value to EBITDA -0.18 | Shares Outstanding 217.22M | Shares Floating 190.12M |
Shares Outstanding 217.22M | Shares Floating 190.12M | ||
Percent Insiders 7.4 | Percent Institutions 51.6 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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.
About Sharplink Gaming Ltd
Exchange NASDAQ | Headquarters Miami, FL, United States | ||
IPO Launch date 1997-05-21 | CEO, President & Director Mr. Joseph Chalom | ||
Sector Financial Services | Industry Capital Markets | Full time employees 15 | Website https://www.sharplink.com |
Full time employees 15 | Website https://www.sharplink.com | ||
Sharplink, Inc. engages in the digital asset treasury business in the United States and internationally. The company operates as an institutional-grade Ethereum treasury platform. It operates in two segments, Ether (ETH) Treasury Management and Affiliate Marketing. The ETH Treasury Management segment focuses on the accumulation and active management of ETH as a long-term treasury asset. Its activities include native and liquid staking arrangements executed within a governance, custody, and risk management framework. The Affiliate Marketing segment provides performance-based customer acquisition services to sportsbook and online casino gaming operators. It also drives user traffic and player acquisition for licensed gaming operators through PAS.net, an international affiliate network, as well as a portfolio of U.S. state-specific digital properties. The company was formerly known as SharpLink Gaming, Inc. and changed its name to Sharplink, Inc. in February 2026. The company was founded in 2019 and is headquartered in Miami, Florida.
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