Bernstein Initiates Coverage of SharpLink Gaming with Outperform Rating

Bernstein projects a $24 year-end 2026 target for SharpLink Gaming, reflecting a 75% potential rise from current NASDAQ-listed SBET share prices.

Summary

According to the company’s official announcement, Bernstein began coverage of SharpLink Gaming (NASDAQ: SBET) on October 30 with an Outperform rating. The firm set a 2026 year-end price target of $24 per share, indicating approximately 75% upside from the current market price.

Terms & Concepts
  • Outperform Rating: An analyst recommendation indicating a stock is expected to perform better than the overall market or sector average.
  • Price Target: The projected share price level set by analysts based on financial forecasts, valuation models, and market outlook.
  • NASDAQ: An American stock exchange known for hosting many technology and growth-oriented companies.