SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Receives Average Rating of “Hold” from Brokerages

Shares of SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) have been assigned an average rating of “Hold” from the five analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $84.6667.

Several equities research analysts have recently commented on SHAZ shares. B. Riley Financial began coverage on SharonAI Holdings, Inc. Class A Common Stock in a research note on Thursday, July 9th. They set a “buy” rating and a $124.00 price target on the stock. Compass Point boosted their target price on SharonAI Holdings, Inc. Class A Common Stock from $50.00 to $90.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Wall Street Zen upgraded SharonAI Holdings, Inc. Class A Common Stock from a “sell” rating to a “hold” rating in a research report on Sunday. Weiss Ratings reiterated a “sell (d-)” rating on shares of SharonAI Holdings, Inc. Class A Common Stock in a research report on Monday, July 6th. Finally, Zacks Research raised shares of SharonAI Holdings, Inc. Class A Common Stock to a “hold” rating in a research note on Friday.

SharonAI Holdings, Inc. Class A Common Stock Price Performance

Shares of NASDAQ SHAZ opened at $68.26 on Tuesday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.04. The business’s fifty day moving average is $69.79. SharonAI Holdings, Inc. Class A Common Stock has a 1-year low of $1.90 and a 1-year high of $178.00. The firm has a market capitalization of $1.14 billion, a P/E ratio of -47.73 and a beta of 5.89.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) last announced its quarterly earnings data on Friday, May 15th. The company reported ($1.43) EPS for the quarter. The company had revenue of $0.29 million for the quarter. Analysts anticipate that SharonAI Holdings, Inc. Class A Common Stock will post -1.67 earnings per share for the current fiscal 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.