Cantor Fitzgerald Has Lowered Expectations for SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Stock Price

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZGet Free Report) had its target price reduced by Cantor Fitzgerald from $116.00 to $109.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Cantor Fitzgerald’s price target would suggest a potential upside of 109.01% from the stock’s previous close.

Several other brokerages also recently commented on SHAZ. Wall Street Zen downgraded SharonAI Holdings, Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a research note on Monday, July 20th. Zacks Research upgraded 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 note on Thursday, July 9th. They issued a “buy” rating and a $124.00 price objective for the company. Compass Point boosted their price objective on SharonAI Holdings, Inc. Class A Common Stock from $50.00 to $90.00 and gave the company a “buy” rating in a report on Monday, May 18th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of SharonAI Holdings, Inc. Class A Common Stock in a report on Monday, July 6th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $107.67.

View Our Latest Report on SHAZ

SharonAI Holdings, Inc. Class A Common Stock Stock Down 8.5%

Shares of NASDAQ SHAZ opened at $52.15 on Friday. 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 company has a market capitalization of $872.99 million, a price-to-earnings ratio of -36.47 and a beta of 6.02. The business’s fifty day moving average is $70.46. SharonAI Holdings, Inc. Class A Common Stock has a 12-month low of $1.90 and a 12-month high of $178.00.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZGet Free Report) last posted its quarterly 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. On average, equities analysts predict that SharonAI Holdings, Inc. Class A Common Stock will post -1.67 earnings per share 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.

Recommended Stories

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

Receive News & Ratings for SharonAI Holdings Inc. Class A Common Stock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SharonAI Holdings Inc. Class A Common Stock and related companies with MarketBeat.com's FREE daily email newsletter.