Cantor Fitzgerald Rates Sharplink (SBET) buy, $8.10 Price Target
Analyst Gareth Gacetta maintains a buy rating on SBET with a price target of $8.1, a 68.75% upside from the current price.
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Cantor Fitzgerald rated Sharplink, Inc. ($SBET) "buy" with a $8.10 price target on July 1, 2026.
Since the rating, $SBET is up 5.0% after 1 week, up 18.4% after 1 month and up 46.4% to date (from the $5.17 close on Jul 1, 2026).
SBET
Sharplink, Inc.
Key Points
- Cantor Fitzgerald's Gareth Gacetta reiterated a buy rating on SBET, setting a price target of $8.1 on July 1, 2026.
- Cantor Fitzgerald's $8.10 price target implies 68.75% upside from Sharplink, Inc.'s ($SBET) current $4.80 share price.
- Shares of SBET traded near $4.80 on Wednesday, with significant institutional activity noted among major funds.
- Analysts from various firms consistently rate SBET as a buy, with targets ranging from $8.1 to $40.0.
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On July 1, 2026, Cantor Fitzgerald's analyst Gareth Gacetta reiterated his buy rating on SBET, setting a price target of $8.1. This reflects continued confidence in the company's prospects.
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Other Institutional Activity in SBET
FMR LLC increased its holdings in SBET by 879,137 shares, ending with 18,561,855 shares valued at about $119.7 million. Millennium Management LLC made a significant move, boosting its position by 3,142,465 shares to a total of 6,381,673 shares, worth approximately $41.2 million, marking a 97% increase. UBS Group AG added 61,006 shares, bringing its total to 4,832,118 shares valued at $31.2 million, a 1.3% rise. Conversely, Alyeska Investment Group, L.P. reduced its stake by 386,958 shares, now holding 3,881,715 shares valued at $25 million, a decrease of 9.1%. Qube Research & Technologies Ltd cut its position by 3,220,081 shares, holding 3,660,032 shares worth $23.6 million, a 46.8% decrease.
Sharplink, Inc. Stock Down 48.7%
Shares of SBET traded around $4.80 on Wednesday. The stock has seen varied analyst ratings, with price targets spanning from $8.1 to $40.0, indicating diverse expectations for its future performance.
$SBET price target
Sharplink, Inc. daily closes and this analyst's $8.10 target. Not advice.
Insider Buying and Selling at Sharplink, Inc.
On May 12, 2026, insiders McKenzie Obie, Robert Gutkowski, and Leslie Bernhard each sold 12,892 shares at an average price of $7.41. Earlier, on April 10, 2026, the same insiders bought 11,503 shares each at an average price of $6.52.
Analysts Set New Price Targets
On July 1, 2026, Cantor Fitzgerald maintained its buy rating for SBET with a target price of $8.1. Other analysts have also shown optimism; TD Cowen initiated coverage with a buy rating and a $16.0 target on April 10, 2026, and HC Wainwright & Co. set a $10.0 target on April 7, 2026. The consensus among analysts is a buy rating, with an average target price reflecting varied expectations.
Bottom Line
Cantor Fitzgerald's reaffirmation of a buy rating with an $8.1 target underscores ongoing interest in SBET. With varied institutional moves and consistent buy ratings from analysts, SBET remains a stock to watch. Remember, these ratings are backward-looking and reflect positions as of their respective dates.
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Source: Cantor Fitzgerald's rating change on $SBET (Jul 1, 2026). Written by software, not financial advice. How we make alerts