SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Now Covered by B. Riley Financial

Research analysts at B. Riley Financial assumed coverage on shares of SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ – Get Free Report) in a research report issued on Thursday. The firm set a “buy” rating and a $124.00 price target on the stock. B. Riley Financial’s price objective suggests a potential upside of 62.79% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Compass Point upped their price target on SharonAI Holdings, Inc. Class A Common Stock from $50.00 to $90.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of SharonAI Holdings, Inc. Class A Common Stock in a report on Monday. Cantor Fitzgerald began coverage on SharonAI Holdings, Inc. Class A Common Stock in a research note on Thursday, April 9th. They issued an “overweight” rating and a $40.00 target price on the stock. Finally, Wall Street Zen downgraded SharonAI Holdings, Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a report on Saturday, June 27th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $84.67.

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SharonAI Holdings, Inc. Class A Common Stock Price Performance

NASDAQ:SHAZ opened at $76.17 on Thursday. SharonAI Holdings, Inc. Class A Common Stock has a one year low of $1.90 and a one year high of $178.00. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.04. The business’s 50-day simple moving average is $68.04. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of -53.27 and a beta of 5.89.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ – Get Free Report) last announced its earnings results on Friday, May 15th. The company reported ($1.43) earnings per share for the quarter. The business had revenue of $0.29 million for the quarter.

About SharonAI Holdings, Inc. Class A Common Stock

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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.

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