SHARPLINK INC (SBET)
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-09-04
$8.68-3.34%
Close 2026-09-04 · 1-day change
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-09-04
QuarterlyIQ Insights · SBET
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -41.1% |
| Our one-year growth estimate | diamond | 41.4% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 82.5 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Worth watching into the next print: this name has been missing across recent quarters and is on a run of consecutive earnings misses. A fundamental tilt, not a price call.
Model as of 2026-09-04 · Compared with 28 industry peers · Company calendar date is not available
SBET — earnings in line
Dated 2026-08-10
of this Current Report on Form 8-K and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Why it matters: Smaller net losses mean better financial health. This shows the company is more efficient.
Supportive ifNet losses are below $300 million. This shows good cost management.
Worry ifNet losses are above $400 million. This shows ongoing financial problems.
Why it matters: Strong revenue growth shows the ETH treasury strategy is working and there is market demand.
Supportive ifQ2 revenue reported above $12.1 million, showing continued growth from Q1.
Worry ifQ2 revenue is below $12.1 million. This may mean problems with the business model.
Why it matters: More share repurchases may show management's faith in the company's value.
Supportive ifCumulative share repurchases are over 5 million shares. This shows strong capital use.
Worry ifShare repurchases are below 4 million shares. This may show worries about value.
Why it matters: Higher net income shows the company is making more money. This can help investors trust management to improve finances.
Supportive ifNet income was above -$685.6 million. This shows a positive trend.
Worry ifNet income worsened below -$685.6 million. This shows ongoing financial problems.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$344 on $10,000 · ±3.4% | How much price usually moves either way. |
| Bad day | $796 loss on $10,000 · 8.0% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $7,630 loss on $10,000 · 76.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Improving cash flow would show better management of operational costs. It would help reduce cash burn and improve overall financial health.
Supportive ifCash flow from operations was above -$10.6 million. This shows better cash management.
Worry ifCash flow from operations fell below -$10.6 million. This shows more cash burn.
Why it matters: M&A can impact growth and strategy. Updates can clarify future direction.
Watch forManagement announces a big M&A deal or a new partnership.
Also watch forNo news on M&A activity or a statement saying plans are on hold.
Why it matters: A rise in ETH holdings would show Sharplink's commitment to growing its treasury. This supports their strategy to enhance ETH per share.
Supportive ifTotal ETH holdings are over 900,000 ETH. This shows good treasury management.
Worry ifTotal ETH holdings are under 886,881 ETH. This shows poor treasury strategy.
Why it matters: Launching this fund shows Sharplink can make money. It also helps ETH productivity.
Supportive ifThe Galaxy Sharplink Onchain Yield Fund has launched. Initial investments have been made.
Worry ifThe fund launch is delayed or fails to attract committed capital.
Why it matters: A smaller net loss shows better financial management. It also means more profit may come.
Supportive ifNet loss reported below $300 million in the next quarter.
Worry ifNet loss is still over $394.3 million. This shows ongoing financial problems.