SBET — Sharplink Gaming Ltd

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Sharplink Gaming Ltd

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. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$7.44
Market Cap$1.47B
Float184.7M
Shares Outstanding197.2M
P/E (Forward)75.76
Price/Sales (TTM)52.36
Operating Margin (TTM)-4657.07%
Revenue (TTM)$28.1M
Dividend RateNone

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $2.3M -$1.1M $423,716 -$1.0M
2021 $2.6M -$55.6M -$299,362 -$33.3M
2022 $3.5M -$15.2M $1.3M -$13.1M
2023 $5.0M -$14.2M $1.5M -$6.2M
2024 $3.7M $10.1M $906,273 -$4.8M
2025 $28.1M -$735M $26.2M -$32.7M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Mar 2025 $741,731 -$974,901
Jun 2025 $697,291 -$103M
Sep 2025 $10.8M $104M
Dec 2025 $15.8M -$734M

Ownership & Float

Insider Ownership7.1%
Institutional Ownership49.9%
Short Float13.9%
% of All Funds Holding0.00%
Number of Funds Holding0

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$7.11Near-term / short-term trend
Weekly40-Week SMA$11.37Medium-term trend
Weekly80-Week SMA$11.01Cyclical trend (business cycle)
Weekly200-Week SMA$28.23Secular trend (multi-year)
Monthly10-Month SMA$10.50Near-term monthly trend
Monthly20-Month SMA$12.50Medium-term monthly trend
Monthly40-Month SMA$17.23Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$55.00 resistance 6.88x 10 months ago
$3.30 support 8.74x 11 months ago

Historical Earnings Reactions (64 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 2.38% 0.00% 40.63% 118.64% -11.11%
1 Day -0.77% -0.81% 35.94% 27.97% -16.73%
1 Week 0.63% 0.00% 48.44% 128.57% -40.12%
2 Weeks 25.42% -5.03% 39.06% 1783.33% -43.02%
1 Month 0.70% -5.44% 34.38% 240.14% -40.70%

Next earnings: May 11, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan5.2%58.6%29
Feb1.4%37.9%29
Mar-2.1%44.8%29
Apr-6.5%27.6%29
May77.0%28.6%28
Jun-6.2%34.5%29
Jul8.4%58.6%29
Aug-3.7%31.0%29
Sep3.4%62.1%29
Oct-0.5%34.5%29
Nov-2.6%48.3%29
Dec-1.7%48.3%29

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.38% 33.0% 1368
Tuesday 0.57% 36.5% 1495
Wednesday 0.35% 35.3% 1495
Thursday -0.00% 33.1% 1465
Friday 0.27% 33.3% 1459

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 49.9%

Insider Transactions — Smart Summary

Total insider ownership: 7.1%

12-Month Insider Activity Summary

Total Filings6
Net Value+$332,281.552
Net Shares Change5,134
% of Float0.0%
C-Suite Filings3
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
GUTKOWSKI ROBERT M -$351,503.115 1 1 sell
Bernhard Leslie -$351,400.444 1 1 sell
MCKENZIE OBIE -$351,394.944 1 1 sell
Phythian Rob Chief Executive Officer +$299,980.8 1 1 buy
DeLucia Robert Michael Chief Financial Officer +$32,300.752 2 1 buy, 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-08-18 – 2025-08-18 3 3 -$1.1M

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-03-31 DeLucia Robert Michael Chief Financial Officer -$17,696.048 Transaction at $6.21, now +19.7%
2025-06-02 Phythian Rob Chief Executive Officer +$299,980.8 Transaction at $6.72, now +10.7%
2025-06-02 DeLucia Robert Michael Chief Financial Officer +$49,996.8 Transaction at $6.72, now +10.7%
2025-08-18 MCKENZIE OBIE -$351,394.944 Transaction at $19.17, now -61.2%
2025-08-18 GUTKOWSKI ROBERT M -$351,503.115 Transaction at $19.17, now -61.2%
2025-08-18 Bernhard Leslie -$351,400.444 Transaction at $19.17, now -61.2%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Sharplink Gaming Ltd (SBET) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for SBET on Trend Edge →