SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Given Average Recommendation of “Hold” by Brokerages

Shares of SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZGet Free Report) have been given a consensus rating of “Hold” by the five analysts that are currently covering the firm, Marketbeat 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 1-year target price among brokers that have issued a report on the stock in the last year is $107.6667.

A number of equities research analysts have recently commented on the company. Zacks Research upgraded SharonAI Holdings, Inc. Class A Common Stock to a “hold” rating in a research note on Friday, July 10th. Compass Point raised 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. B. Riley Financial began coverage on SharonAI Holdings, Inc. Class A Common Stock in a report on Thursday, July 9th. They issued a “buy” rating and a $124.00 price target for the company. Weiss Ratings restated a “sell (d-)” rating on shares of SharonAI Holdings, Inc. Class A Common Stock in a report on Monday, July 6th. Finally, Cantor Fitzgerald dropped their price objective 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 research note on Friday, August 7th.

View Our Latest Stock Analysis on SHAZ

SharonAI Holdings, Inc. Class A Common Stock Stock Down 4.0%

SHAZ stock opened at $52.64 on Wednesday. The company has a 50 day moving average price of $65.02 and a two-hundred day moving average price of $53.07. The company has a debt-to-equity ratio of 0.90, a quick ratio of 10.55 and a current ratio of 10.55. The stock has a market capitalization of $1.88 billion, a P/E ratio of -30.96 and a beta of 5.90. SharonAI Holdings, Inc. Class A Common Stock has a one year low of $1.90 and a one year high of $178.00.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZGet Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported ($22.84) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($22.63). The business had revenue of $1.93 million during the quarter. As a group, sell-side analysts expect that SharonAI Holdings, Inc. Class A Common Stock will post 10.96 EPS for the current year.

SharonAI Holdings, Inc. Class A Common Stock Company Profile

(Get Free Report)

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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Analyst Recommendations for SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ)

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