SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Receives $107.67 Average Price Target from Brokerages

Shares of SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) have been assigned a consensus rating of “Hold” from the five analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $107.6667.

Several research analysts recently issued reports on SHAZ shares. Wall Street Zen lowered shares of SharonAI Holdings, Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a research note on Monday, July 20th. Weiss Ratings restated a “sell (d-)” rating on shares of SharonAI Holdings, Inc. Class A Common Stock in a report on Monday, July 6th. Cantor Fitzgerald cut their price objective on shares of SharonAI Holdings, Inc. Class A Common Stock from $116.00 to $109.00 and set an “overweight” rating on the stock in a report on Friday, August 7th. Compass Point raised their target price 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 note on Monday, May 18th. Finally, Zacks Research upgraded shares of SharonAI Holdings, Inc. Class A Common Stock to a “hold” rating in a report on Friday, July 10th.

SharonAI Holdings, Inc. Class A Common Stock Price Performance

Shares of SHAZ stock opened at $57.63 on Wednesday. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of -33.90 and a beta of 5.89. The business’s fifty day moving average is $62.35 and its 200 day moving average is $52.29. SharonAI Holdings, Inc. Class A Common Stock has a twelve month low of $1.90 and a twelve month high of $178.00. The company has a quick ratio of 10.55, a current ratio of 10.55 and a debt-to-equity ratio of 0.90.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) last announced its quarterly earnings data on Thursday, August 6th. The company reported ($22.84) EPS for the quarter, missing the consensus estimate of ($0.21) by ($22.63). The business had revenue of $1.93 million during the quarter. Research analysts expect that SharonAI Holdings, Inc. Class A Common Stock will post 10.96 EPS for the current fiscal year.

About SharonAI Holdings, Inc. Class A Common Stock

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.