SharpLink (SBET) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- -$1.88
- Estimate
- $0.01
- Surprise
- -14203.5%
- Revenue (period 2026-06-30)
- $11.5M
- Score at report (before → after)
- 5.8 → 6.1/10
Revenue source: xbrl.
How the report landed
SharpLink (SBET) reported a wider loss than forecast — diluted EPS of -$1.88 against the $0.01 estimate (a 14203.5% shortfall). TrendMatrix's engine moved from Buy (Wait) (5.8/10) to Sell at 6.1/10 after the report — the engine's score rose despite the miss.
Where TrendMatrix's rating stands now
TrendMatrix currently rates SBET Sell at 5.7/10.
0 of the last 4 quarters beat the estimate; this quarter's -14203.5% surprise compares with a -14743.9% four-quarter average. Next scheduled report: 2026-11-12.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Strong growth profile
What argues against it
- Concentration risk — Commodity: ETH holdings concentration
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.4)
- Consecutive earnings misses (4)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $8.86
- Price target
- $14.67
- Stop
- $8.26
- Upside to target
- +65.6%
- Reward-to-risk
- 4.3:1
Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.
SBET at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Capital Markets
- Market cap
- $1.93B
- P/E (fwd)
- 74.0
- 52-week range
- $4.46–$19.54
- Off 52-week high
- 54.7%
- RSI (14)
- 60
- Volume vs avg
- 1.38×
- Score today
- 5.7/10