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HC Wainwright & Co. Initiates Coverage of Sharplink (SBET) with Buy Recommendation

Fintel
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⚡ Quantum Brief
HC Wainwright & Co. initiated coverage of Sharplink Gaming (Nasdaq: SBET) with a "Buy" rating on April 7, 2026, projecting a 211.44% upside from its $6.25 closing price to a $19.46 average target. Analysts forecast Sharplink’s annual revenue to surge 2,615.88% to $762 million, with non-GAAP EPS reaching $0.12, signaling aggressive growth expectations. Institutional ownership rose 38.08% in three months, with 168 funds now holding 92.47M shares—a 15.07% increase in holders quarter-over-quarter, reflecting strengthening confidence. Qube Research & Technologies entered as a new major stakeholder (3.49% ownership), while UBS Group reduced its position by 29.31%, highlighting mixed but net-positive institutional activity. A 0.34 put/call ratio underscores bullish market sentiment, aligning with Sharplink’s projected expansion and heightened investor interest.
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks SBET HC Wainwright & Co. Initiates Coverage of Sharplink (SBET) with Buy Recommendation April 07, 2026 — 08:04 pm EDT Written by George Maybach for Fintel-> Fintel reports that on April 7, 2026, HC Wainwright & Co. initiated coverage of Sharplink (NasdaqCM:SBET) with a Buy recommendation.

Analyst Price Forecast Suggests 211.44% Upside As of March 27, 2026, the average one-year price target for Sharplink is $19.46/share. The forecasts range from a low of $10.10 to a high of $42.00. The average price target represents an increase of 211.44% from its latest reported closing price of $6.25 / share. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Sharplink is 762MM, an increase of 2,615.88%. The projected annual non-GAAP EPS is 0.12. What is the Fund Sentiment? There are 168 funds or institutions reporting positions in Sharplink. This is an increase of 22 owner(s) or 15.07% in the last quarter. Average portfolio weight of all funds dedicated to SBET is 0.11%, an increase of 51.23%. Total shares owned by institutions increased in the last three months by 38.08% to 92,469K shares. The put/call ratio of SBET is 0.34, indicating a bullish outlook. What are Other Shareholders Doing? Qube Research & Technologies holds 6,880K shares representing 3.49% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%. UBS Group holds 4,771K shares representing 2.42% ownership of the company. In its prior filing, the firm reported owning 6,169K shares , representing a decrease of 29.31%. The firm decreased its portfolio allocation in SBET by 57.93% over the last quarter.

Alyeska Investment Group holds 4,269K shares representing 2.17% ownership of the company. In its prior filing, the firm reported owning 2,499K shares , representing an increase of 41.46%. The firm decreased its portfolio allocation in SBET by 16.19% over the last quarter. ParaFi Capital holds 3,902K shares representing 1.98% ownership of the company. In its prior filing, the firm reported owning 4,125K shares , representing a decrease of 5.71%. The firm decreased its portfolio allocation in SBET by 35.99% over the last quarter. Millennium Management holds 3,239K shares representing 1.64% ownership of the company. In its prior filing, the firm reported owning 1,164K shares , representing an increase of 64.08%. The firm increased its portfolio allocation in SBET by 44.16% over the last quarter. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.Click to Learn MoreThis story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags Stocks Fintel Fintel is a leading provider of financial data and insights for intelligent, data-driven investors. With coverage of over 75,000 listed companies on all major stock exchanges, Fintel has the most comprehensive coverage of global equities at prices individual investors can afford. Check out our Unique Analysis of Insider Sentiment for Sharplink, Inc.-> Find out what the Options Markets think of Sharplink, Inc.-> See our take on Sharplink, Inc. Upcoming Earnings-> More articles by this source-> Stocks mentioned SBET More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

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