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

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) has been assigned a consensus rating of “Hold” from the five analysts that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $107.6667.

Several research analysts have commented on SHAZ shares. Cantor Fitzgerald cut their price target on shares of SharonAI Holdings, Inc. Class A Common Stock from $116.00 to $109.00 and set an “overweight” rating for the company in a report on Friday. Zacks Research raised shares of SharonAI Holdings, Inc. Class A Common Stock to a “hold” rating in a report on Friday, July 10th. B. Riley Financial began coverage on SharonAI Holdings, Inc. Class A Common Stock in a research report on Thursday, July 9th. They issued a “buy” rating and a $124.00 price objective on the stock. Wall Street Zen lowered SharonAI Holdings, Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a research note on Monday, July 20th. Finally, 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.

SharonAI Holdings, Inc. Class A Common Stock Stock Down 4.5%

Shares of SHAZ opened at $49.79 on Friday. 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 market capitalization of $833.68 million, a PE ratio of -34.82 and a beta of 6.02. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.04 and a current ratio of 1.04. The firm’s 50-day moving average is $69.94.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) last released its quarterly earnings data on Friday, May 15th. The company reported ($1.43) EPS for the quarter. The firm had revenue of $0.29 million for the quarter. Analysts expect 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.