SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Stock Has Consensus Price Target of $104.50 According to Brokerages

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) has earned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $104.50.

Several brokerages have recently issued reports on SHAZ. Zacks Research upgraded SharonAI Holdings, Inc. Class A Common Stock to a “hold” rating in a report on Friday, July 10th. Northland Securities began coverage on SharonAI Holdings, Inc. Class A Common Stock in a report on Friday, September 18th. They issued an “outperform” rating and a $95.00 price objective on the stock. Wall Street Zen lowered shares of SharonAI Holdings, Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a research report on Monday, July 20th. Cantor Fitzgerald cut their price objective on shares of SharonAI Holdings, Inc. Class A Common Stock from $116.00 to $109.00 and set an “overweight” rating on the stock in a research report on Friday, August 7th. Finally, B. Riley Financial began coverage on shares of SharonAI Holdings, Inc. Class A Common Stock in a research note on Thursday, July 9th. They issued a “buy” rating and a $124.00 target price for the company.

SharonAI Holdings, Inc. Class A Common Stock Stock Performance

SharonAI Holdings, Inc. Class A Common Stock stock opened at $28.00 on Thursday. SharonAI Holdings, Inc. Class A Common Stock has a fifty-two week low of $1.90 and a fifty-two week high of $139.00. The firm’s 50 day simple moving average is $52.21 and its 200-day simple moving average is $57.16. The company has a debt-to-equity ratio of 0.90, a current ratio of 10.55 and a quick ratio of 10.55. The company has a market cap of $1.00 billion, a P/E ratio of -16.47 and a beta of 6.00.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($22.84) earnings per share for the quarter, missing the consensus estimate of ($0.21) by ($22.63). The company had revenue of $1.93 million during the quarter. As a group, equities research analysts predict that SharonAI Holdings, Inc. Class A Common Stock will post 10.96 EPS for the current year.

Institutional Trading of SharonAI Holdings, Inc. Class A Common Stock

A hedge fund recently bought a new stake in SharonAI Holdings, Inc. Class A Common Stock stock. Steel Grove Capital Advisors LLC acquired a new position in SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,750 shares of the company’s stock, valued at approximately $205,000. 25.44% of the stock is currently owned by institutional investors.

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.