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EBET, Inc. (EBET) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

$0.0002 $0.00 (0.00%) |CouncilSplit View · 49 · C
Vol: 254| 52-wk range: $0.0001 – $0.02
Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

EBET, Inc. (EBET) trades at $0.0002. EBET, Inc. focuses on providing real money online gambling experiences, particularly in esports and competitive gaming. The company operates several proprietary online casino and sportsbook brands. Sector: Consumer cyclical.

Price as of Sep 11, 2026 · Last analyzed: Mar 16, 2026
EBET, Inc. focuses on providing real money online gambling experiences, particularly in esports and competitive gaming. The company operates several proprietary online casino and sportsbook brands.

Analyst Coverage for EBET: EBET does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates EBET against Consumer Cyclical peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the EBET film Every key number, told as a short cinematic story — just press play. ~2 min

Dated analysis: the newest financial statements on file are 30 months old (Mar 1, 2024), so the figures and score below describe that period, not today.

No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.

Council Score · Weighted Average of 3 Disciplines
Split View 49/100 · C

EBET: 1/2 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated)Ray Dalio
Favorable read
Englander-style lens (simulated)Izzy Englander
Favorable read
Klarman-style lens (simulated)Seth Klarman
Neutral read
Moon AI lens (model)
Unfavorable read
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Weak
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

EBET, Inc. (EBET) Consumer Business Overview

CEOAaron Speach
Employees28
HeadquartersLas Vegas, US
IPO Year2021

EBET, Inc., operating in the Consumer Cyclical sector, develops and operates platforms for real money online gambling, concentrating on esports and competitive gaming. With a portfolio of proprietary online casino and sportsbook brands, EBET aims to capture a segment of the growing iGaming market, facing competition from established players.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 16, 2026

What Is the Investment Thesis for EBET?

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

EBET, Inc. presents a high-risk, high-reward investment profile within the online gambling sector. The company's focus on esports and competitive gaming provides a niche market opportunity, but its negative profit margin of -215.0% raises concerns about its financial sustainability. With a market capitalization of $0.00B and no dividend, EBET is currently reliant on revenue growth and cost management to achieve profitability. Key catalysts include expanding its iGaming offerings and successful marketing campaigns to attract and retain customers. Investors should closely monitor EBET's ability to improve its financial performance and navigate the competitive landscape.

Based on FMP financials and quantitative analysis

EBET Key Highlights

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

Operates a portfolio of proprietary online casino and sportsbook brands including Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP.

  • Focuses on the intersection of online gambling and esports, a rapidly growing market segment.
  • Gross Margin of 43.9% indicates potential for profitability if operating expenses are managed effectively.
  • Market Cap of $0.00B reflects the company's early stage and associated risks.
  • Profit Margin of -215.0% signals significant challenges in achieving profitability and operational efficiency.

Who Are EBET's Competitors?

EBET is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
ROLR High Roller Technologies, Inc. $6.16 +0.57% $67.6M 345-pillar
FLL Full House Resorts, Inc. $2.04 -0.73% $74.2M
MSC Studio City International Holdings Limited $1.69 +3.36% $81.4M
CPHC Canterbury Park Holding Corporation $15.99 +0.88% $82.4M 595-pillar
INSE Inspired Entertainment, Inc. $5.10 -3.23% $136M
CDRO Codere Online Luxembourg, S.A. $9.31 +1.42% $423M 475-pillar
BALY Bally's Corporation $9.07 +2.25% $444M
EHGRF The Star Entertainment Group Limited $0.14 0.00% $448M 429-signal

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.

What Are EBET's Key Strengths?

Focus on the growing esports betting market.

  • Portfolio of proprietary online casino and sportsbook brands.
  • Offers a diverse range of iGaming products and services.
  • Established presence in multiple geographic markets.

What Are EBET's Weaknesses?

Negative profit margin and financial sustainability concerns.

  • Limited market share compared to larger competitors.
  • Reliance on revenue growth to achieve profitability.
  • Exposure to evolving regulations and technological changes.

What Could Drive EBET Stock Higher?

Expansion of iGaming offerings to attract new customers.

  • Marketing campaigns to increase brand awareness and customer acquisition.
  • Potential partnerships with esports organizations and game developers.
  • Regulatory approvals for expansion into new geographic markets.

What Are the Key Risks for EBET?

Financial-distress signal — its Altman Z-Score of -34.73 sits in the distress zone (elevated bankruptcy risk).

  • Inconsistent delivery — missed Wall Street EPS estimates in 3 of the last 4 reported quarters.
  • Intense competition from established online gambling operators.
  • Evolving regulations and compliance requirements.
  • Technological disruptions and cybersecurity risks.
  • Negative profit margin and financial sustainability concerns.
  • Economic downturns and changes in consumer spending patterns.

What Are the Growth Opportunities for EBET?

  • Expansion into New Geographic Markets: EBET can pursue growth by expanding its online gambling platforms into new geographic markets where online gambling is legal and regulated. This includes exploring opportunities in emerging markets with growing internet penetration and a rising interest in online gaming. Successful market entry requires adapting the platform to local regulations, cultural preferences, and payment methods.
  • Enhancement of Esports Betting Platform: EBET can further develop its esports betting platform by adding new games, features, and betting options. This includes integrating live streaming, interactive elements, and social features to enhance the user experience. By offering a wider range of esports betting options, EBET can attract more esports fans and increase engagement on its platform. The esports betting market is expected to continue growing rapidly, driven by the increasing popularity of esports tournaments and leagues.
  • Strategic Partnerships and Acquisitions: EBET can pursue strategic partnerships and acquisitions to expand its market reach, acquire new technologies, and enhance its product offerings. This includes partnering with esports organizations, game developers, and technology providers to create innovative betting experiences. Acquisitions can provide EBET with access to new markets, customer bases, and intellectual property. The online gambling industry is consolidating, with larger players acquiring smaller companies to gain market share and expand their capabilities.
  • Development of New iGaming Products: EBET can develop new iGaming products and features to attract and retain customers. This includes creating innovative online casino games, virtual sports simulations, and other interactive gaming experiences. By offering a diverse range of iGaming products, EBET can cater to a wider range of customer preferences and increase revenue per user. The online casino market is constantly evolving, with new games and technologies emerging regularly.
  • Leveraging Data Analytics and AI: EBET can leverage data analytics and artificial intelligence (AI) to personalize the user experience, optimize marketing campaigns, and improve risk management. This includes using AI to analyze customer behavior, predict betting patterns, and detect fraudulent activity. By leveraging data analytics and AI, EBET can improve its operational efficiency, enhance customer engagement, and reduce its risk exposure. The online gambling industry is increasingly relying on data analytics and AI to gain a competitive advantage.

What Are EBET's Competitive Advantages?

  • Proprietary online gambling platforms and brands.
  • Focus on the niche market of esports betting.
  • Portfolio of diverse iGaming products and services.

What Does EBET Do?

EBET, Inc., formerly known as Esports Technologies, Inc., was incorporated in 2020 and is based in Las Vegas, Nevada. The company underwent a name change in May 2022 to better reflect its broader focus beyond just esports. EBET develops products and operates platforms designed to offer a real money online gambling experience, with a particular emphasis on esports and competitive gaming. The company's business model centers around providing a comprehensive suite of iGaming options, including traditional online casino games, sports betting, and virtual sports. EBET operates a portfolio of proprietary online casino and sportsbook brands, including Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. These brands cater to a diverse range of customer preferences and geographic markets. The company's iGaming offerings include online casino and table games like blackjack, virtual sport computer simulated games, and slot machines, in addition to traditional sports betting options. EBET aims to capitalize on the increasing popularity of online gambling and the growing interest in esports by providing a platform that caters to both traditional casino enthusiasts and esports fans.

What Products and Services Does EBET Offer?

  • Develops online gambling platforms focused on esports and competitive gaming.
  • Operates proprietary online casino and sportsbook brands.
  • Provides iGaming services, including online casino and table games.
  • Offers virtual sport computer simulated games.
  • Provides traditional sports betting options.
  • Caters to both traditional casino enthusiasts and esports fans.

How Does EBET Make Money?

  • Generates revenue through online casino games and sports betting activities.
  • Operates multiple brands to target different customer segments.
  • Focuses on acquiring and retaining customers through marketing and promotions.

What Industry Does EBET Operate In?

EBET, Inc. operates within the global online gambling market, which is experiencing substantial growth driven by increasing internet penetration, mobile gaming adoption, and favorable regulatory changes in various jurisdictions. The market includes traditional online casinos, sports betting platforms, and emerging segments like esports betting. EBET's focus on esports betting positions it within a niche market that is attracting younger demographics. The company faces competition from established players with larger market shares and greater financial resources. The industry is subject to evolving regulations and technological advancements, requiring companies to adapt quickly to maintain competitiveness.

Who Are EBET's Key Customers?

  • Esports enthusiasts who enjoy betting on competitive gaming events.
  • Traditional sports bettors seeking a variety of betting options.
  • Online casino players interested in virtual games and table games.
  • Customers in various geographic markets where online gambling is legal.
Model self-rating on this text: 71% (not a measure of the evidence) Updated: Mar 16, 2026

Research confidence

Low 23/100

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • Scoring coverage unknown
  • Price is current
  • Latest filing 844 days ago
  • No analyst coverage

MoonshotScore History

Recorded daily since 2026-08-23 · 19 snapshots

2026-08-23 41
2026-08-26 41
2026-08-29 41
2026-09-01 41
2026-09-04 41
2026-09-07 41
2026-09-10 41

What changed?

The score has stayed at 41.

Over the same 18 days the stock moved +0.0%.

Company Profile

EBET, Inc. operates in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector. It is headquartered in Las Vegas, US. The company is led by CEO Aaron Speach. EBET has traded publicly since 2021.

F-Score 4/9

Financial Health

EBET, Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -34.73 places it in the distress zone, a signal of elevated financial risk.

1/4 beats

Earnings Track Record

EBET, Inc. has missed Wall Street's EPS estimate in 3 of its last 4 reported quarters — a mixed record worth weighing. Reported results have landed about 30.1% below estimates on average.

FY2026 est

Forward Outlook

Wall Street analysts project EBET, Inc. revenue of about $187.6M for fiscal 2026, with EPS near $19.50.

Net buying

Insider Activity

The most recent 12 insider filings for EBET, Inc. break down as 6 sales and 6 purchases. On net that is roughly 12K shares acquired (about $10K) — insiders putting money in tends to read as conviction.

EBET Financials

Bull Case vs Bear Case

Bull Case

  • Focus on the growing esports betting market.
  • Portfolio of proprietary online casino and sportsbook brands.
  • Offers a diverse range of iGaming products and services.
  • Established presence in multiple geographic markets.

Bear Case

  • Negative profit margin and financial sustainability concerns.
  • Limited market share compared to larger competitors.
  • Reliance on revenue growth to achieve profitability.
  • Exposure to evolving regulations and technological changes.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

Recent Quarterly Results

Quarter Revenue Net Income EPS
Q2 FY2024 $4M -$5M -$0.34

Q2 FY2024 · filed 20 May 2024 · SEC EDGAR →

Based on FMP financials and quantitative analysis

EBET Latest News

EBET Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for EBET.

Price Targets

Wall Street price target analysis for EBET.

EBET MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for EBET; grades run from A+ (80-100) to F (below 30).

Leadership: Aaron Speach

CEO

Aaron Speach serves as the CEO of EBET, Inc., leading the company's strategic direction and overseeing its operations. His background includes experience in managing and growing technology-driven businesses. Speach is responsible for guiding EBET's efforts in developing and operating online gambling platforms focused on esports and competitive gaming. He manages a team of 28 employees.

Track Record: Since taking the helm, Aaron Speach has focused on rebranding the company from Esports Technologies to EBET, Inc., signaling a broader focus on the online gambling market. His leadership is geared towards expanding the company's portfolio of proprietary brands and enhancing its iGaming offerings. The company's financial performance and market capitalization remain key areas of focus under his leadership.

EBET OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, encompassing stocks that may not meet the minimum financial standards or have chosen not to comply with the disclosure requirements of the higher tiers (OTCQX and OTCQB). Companies in this tier may have limited financial information available to the public, making it difficult for investors to assess their financial health and prospects. Trading on the OTC Other tier carries significant risks due to the lack of regulatory oversight and the potential for fraud or manipulation. Investing in companies on this tier requires a high degree of due diligence and risk tolerance compared to stocks listed on major exchanges like NYSE or NASDAQ.

  • OTC Tier: OTC Other
Liquidity: Liquidity for EBET shares traded on the OTC market is likely to be limited, potentially leading to wider bid-ask spreads and increased trading difficulty. Lower trading volumes can make it challenging to buy or sell shares quickly without significantly impacting the price. Investors should be aware of the potential for price volatility and the difficulty of exiting their positions in a timely manner. Thoroughly assess the trading volume and bid-ask spread before investing.
OTC Risk Factors:
  • Limited financial disclosure and transparency.
  • Potential for price manipulation and fraud.
  • Lower trading volume and liquidity.
  • Higher bid-ask spreads and transaction costs.
  • Increased risk of delisting or suspension of trading.
Due Diligence Checklist:
  • Verify the company's registration and regulatory filings.
  • Review available financial statements and disclosures.
  • Assess the company's business model and competitive landscape.
  • Evaluate the management team and their track record.
  • Understand the risks associated with investing in OTC stocks.
  • Consult with a financial advisor before making any investment decisions.
  • Monitor the company's news and announcements for any red flags.
Legitimacy Signals:
  • Company has been in operation since 2020.
  • Operates a portfolio of proprietary online casino and sportsbook brands.
  • Focuses on the growing esports betting market.

Common Questions About EBET (Consumer Cyclical)

Is EBET a good stock?

Stock Expert AI does not rate EBET buy, sell or hold. EBET, Inc. has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.

What do analysts say about EBET stock?

As of 2026-03-16, there is no available analyst coverage for EBET, Inc. due to its OTC listing and small market capitalization. Key valuation metrics such as P/E ratio are not meaningful due to the company's negative profitability. Investors should conduct their own thorough research and consider the risks associated with investing in OTC stocks.

What are the key factors to evaluate for EBET?

Evaluate EBET on fundamentals, analyst consensus, and risk factors. EBET, Inc. presents a high-risk, high-reward investment profile within the online gambling sector. Not financial advice.

How frequently does EBET data refresh on this page?

EBET's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.

What has driven EBET's recent stock price performance?

EBET, Inc. (EBET) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Focus on the growing esports betting market. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider EBET overvalued or undervalued right now?

EBET, Inc. (EBET) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

Can I buy fractional shares of EBET?

Yes, most major brokerages offer fractional shares of EBET, Inc. (EBET) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.

How can I track EBET's earnings and financial reports?

EBET, Inc. (EBET) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for EBET earnings announcements.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • OTC market data may be less reliable than major exchange data.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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