Sharplink (STU:7710) Shares Outstanding (EOP): 199.13 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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STU:7710 Sharplink Inc STU:7710
37 GF Score
Price €4.94
GF Value €0.38
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Sharplink Shares Outstanding (EOP)?

Sharplink STU:7710 -1.08% 37 Shares Outstanding (EOP) is 199.13 Mil as of Mar. 2026. GuruFocus rates STU:7710 with a GF Score™ of 37/100 and a GF Value™ of €0.38 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Sharplink's shares outstanding for the quarter that ended in Mar. 2026 was 199.13 Mil.

Sharplink's quarterly shares outstanding increased from Dec. 2025 (196.70 Mil) to Mar. 2026 (199.13 Mil). It means Sharplink issued new shares from Dec. 2025 to Mar. 2026 .

Sharplink's annual shares outstanding increased from Dec. 2024 (0.41 Mil) to Dec. 2025 (196.70 Mil). It means Sharplink issued new shares from Dec. 2024 to Dec. 2025 .


Sharplink  (STU:7710) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Sharplink Shares Outstanding (EOP) Related Terms


Sharplink Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Sharplink's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sharplink Shares Outstanding (EOP) Chart

Sharplink Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial 0.19 0.22 0.24 0.41 196.70

Sharplink Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 66.16 192.19 196.70 199.13

STU:7710 vs OPY, LCLN, PWP: Shares Outstanding (EOP) Comparison

For the Capital Markets subindustry, Sharplink's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sharplink Shares Outstanding (EOP) vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sharplink's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Sharplink's Shares Outstanding (EOP) falls into.


STU:7710
37GF Score
Sharplink Inc STU:7710
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sharplink Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 199.13 Mil mean?
Sharplink (STU:7710) has a Shares Outstanding (EOP) of 199.13 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Sharplink and its competitors.
Is Sharplink's Shares Outstanding (EOP) too high?
Sharplink's current Shares Outstanding (EOP) is 199.13 Mil. Overall, Sharplink has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sharplink's Shares Outstanding (EOP) compare to OPY and LCLN?
Sharplink's Shares Outstanding (EOP) of 199.13 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Capital Markets company?
A good Shares Outstanding (EOP) depends on the Capital Markets industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Sharplink and its competitors. Sharplink's current Shares Outstanding (EOP) is 199.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharplink stock overvalued right now?
Based on GuruFocus' analysis, Sharplink (STU:7710) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.38, compared to a current price of €4.94 — trading 1201.2% above its estimated fair value. The current Shares Outstanding (EOP) is 199.13 Mil. Sharplink's overall GF Score™ is 37/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Sharplink (STU:7710), the current Shares Outstanding (EOP) is 199.13 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sharplink (STU:7710) Overvalued in 2026?

Based on GuruFocus' analysis, Sharplink stock appears to be overvalued. The current stock price of €4.94 is trading 1201.2% above its estimated GF Value™ of €0.38. GuruFocus considers Sharplink to be Significantly Overvalued.

Key valuation signals for STU:7710:

  • Shares Outstanding (EOP): 199.13 Mil
  • GF Value™: €0.38 vs. price of €4.94 (1201.2% above fair value)
  • GF Score™: 37/100 with 4 warning signs

No single metric tells the full story. See the STU:7710 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sharplink Business Description

Address 200 South Biscayne Boulevard, Miami, FL, USA, 33131
SharpLink Inc is one of those publicly traded companies to adopt ETH as its primary treasury reserve asset. This move reflects the Company's commitment to align corporate treasury with the future of programmable finance, digital capital markets, and decentralized infrastructure. The Company also operates an online affiliate marketing company that delivers different fan activation solutions to its sportsbook and online casino gaming partners. The company operates in two reportable segments: ETH Treasury Management and Affiliate Marketing. The majority of its revenue is generated from the ETH Treasury Management. Geographically, the company operates in the United States and the rest of the world.
37GF Score

Get the complete analysis for STU:7710

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.94
Price
€0.38
GF Value