Brokerages Set SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Target Price at $84.67

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) has been given a consensus rating of “Hold” by the five analysts that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $84.6667.

Several brokerages have issued reports on SHAZ. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SharonAI Holdings, Inc. Class A Common Stock in a report on Monday, July 6th. Cantor Fitzgerald initiated coverage on shares of SharonAI Holdings, Inc. Class A Common Stock in a report on Thursday, April 9th. They issued an “overweight” rating and a $40.00 price objective on the stock. Compass Point increased their price objective on shares of SharonAI Holdings, Inc. Class A Common Stock from $50.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Wall Street Zen upgraded shares of SharonAI Holdings, Inc. Class A Common Stock from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. Finally, B. Riley Financial assumed coverage on shares of SharonAI Holdings, Inc. Class A Common Stock in a report on Thursday, July 9th. They set a “buy” rating and a $124.00 target price for the company.

SharonAI Holdings, Inc. Class A Common Stock Stock Down 3.0%

SHAZ opened at $63.64 on Tuesday. SharonAI Holdings, Inc. Class A Common Stock has a 12-month low of $1.90 and a 12-month high of $178.00. The firm has a market capitalization of $1.07 billion, a PE ratio of -44.50 and a beta of 5.89. The company has a 50 day simple moving average of $71.12. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.04 and a current ratio of 1.04.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) last issued its earnings results on Friday, May 15th. The company reported ($1.43) EPS for the quarter. The firm had revenue of $0.29 million during the quarter. As a group, analysts expect that SharonAI Holdings, Inc. Class A Common Stock will post -1.67 earnings per share for the current year.

SharonAI Holdings, Inc. Class A Common Stock Company Profile

SharonAI Holdings Inc is a high-performance computing (HPC) company deploying large-scale energy and compute infrastructure, USA energy markets and infrastructure asset management. Its services include: Sovereign AI Australia, GPU-as-a-Service, SHARON AI Cloud, SHARON AI Private Cloud, Virtual Private Clusters, HPC Servers, SHARON AI Supercluster, GPU Fleet, Virtual Servers, Cloud Storage, AI Model Training, High-Performance Computing (HPC), and Video Encoding & Decoding. The company’s products are: Sovereign AI Australia, GPU-as-a-Service, SHARON AI Cloud, SHARON AI Private Cloud, Virtual Private Clusters, HPC Servers, SHARON AI Supercluster, GPU Fleet, Virtual Servers, Cloud Storage, AI Model Training, High Performance Computing (HPC), and Video Encoding & Decoding.