Sharplink Faces Major Forecast Cuts, Following Massive Ethereum Losses

Analysts downgraded Sharplink, Inc. forecasts on August 12, 2026.

Consensus revenue estimates for 2026 fell from US$53 million to US$46 million. This new target represents an 8.7% decline compared to the prior 12 months.

Analysts increased the projected loss per share from US$3.16 to US$5.06.

The adjustment follows a Q2 earnings report issued on August 10. Sharplink reported a US$394.3 million net loss for the quarter. Unrealized losses on the company's Ethereum treasury drove the deficit.