What is B. Riley’s Forecast for SBET Q3 Earnings?

Sharplink Gaming Inc. (NASDAQ:SBET) – B. Riley issued their Q3 2025 earnings per share estimates for shares of Sharplink Gaming in a research note issued to investors on Wednesday, October 15th. B. Riley analyst F. Shabalin expects that the company will post earnings of ($0.08) per share for the quarter. B. Riley currently has a “Buy” rating and a $32.00 price objective on the stock. B. Riley also issued estimates for Sharplink Gaming’s Q4 2025 earnings at ($0.05) EPS, FY2025 earnings at ($6.24) EPS and FY2026 earnings at ($0.01) EPS.

Sharplink Gaming (NASDAQ:SBET) last posted its quarterly earnings results on Thursday, August 14th. The company reported ($0.64) earnings per share for the quarter. The company had revenue of $0.70 million for the quarter. Sharplink Gaming had a negative return on equity of 15.93% and a negative net margin of 3,377.39%.

A number of other research analysts have also weighed in on SBET. Weiss Ratings reissued a “sell (d)” rating on shares of Sharplink Gaming in a report on Wednesday, October 8th. Citizens Jmp started coverage on Sharplink Gaming in a report on Thursday, October 16th. They set a “mkt outperform” rating and a $50.00 target price on the stock. Zacks Research raised Sharplink Gaming to a “hold” rating in a report on Friday, October 17th. JMP Securities started coverage on Sharplink Gaming in a report on Thursday, October 16th. They set a “market outperform” rating and a $50.00 target price on the stock. Finally, Alliance Global Partners started coverage on Sharplink Gaming in a report on Tuesday, August 26th. They set a “buy” rating and a $48.00 target price on the stock. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $45.00.

Sharplink Gaming Stock Down 3.0%

NASDAQ:SBET opened at $14.34 on Monday. Sharplink Gaming has a twelve month low of $2.26 and a twelve month high of $124.12. The stock’s 50 day moving average price is $17.43 and its two-hundred day moving average price is $16.54.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Marshall Wace LLP acquired a new position in Sharplink Gaming in the 2nd quarter valued at $26,852,000. Anatole Investment Management Ltd acquired a new stake in shares of Sharplink Gaming during the 2nd quarter worth $6,332,000. JPMorgan Chase & Co. acquired a new stake in shares of Sharplink Gaming during the 2nd quarter worth $3,229,000. Thames Capital Management LLC acquired a new stake in shares of Sharplink Gaming during the 2nd quarter worth $1,566,000. Finally, XTX Topco Ltd grew its holdings in shares of Sharplink Gaming by 509.9% during the 2nd quarter. XTX Topco Ltd now owns 110,270 shares of the company’s stock worth $1,095,000 after purchasing an additional 92,189 shares in the last quarter. 13.75% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Sharplink Gaming

In other Sharplink Gaming news, Director Obie Mckenzie sold 18,334 shares of the company’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $19.17, for a total value of $351,462.78. Following the transaction, the director directly owned 24,998 shares of the company’s stock, valued at $479,211.66. This represents a 42.31% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Robert M. Gutkowski sold 18,334 shares of the company’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $19.17, for a total value of $351,462.78. Following the completion of the transaction, the director directly owned 24,998 shares in the company, valued at approximately $479,211.66. This represents a 42.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 55,002 shares of company stock valued at $1,054,388 in the last ninety days. 3.40% of the stock is currently owned by corporate insiders.

About Sharplink Gaming

SharpLink Gaming, Inc operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. The company operates through four segments: Affiliate Marketing Services United States, Affiliate Marketing Services International, Sports Gaming Client Services, and SportsHub Games Network.