Brokerages Set SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) PT at $84.67

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) has received an average rating of “Hold” from the five brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $84.6667.

Several equities analysts have issued reports on SHAZ shares. Compass Point upped their price objective on shares of SharonAI Holdings, Inc. Class A Common Stock from $50.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Wall Street Zen downgraded SharonAI Holdings, Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a report on Monday. Cantor Fitzgerald started coverage on SharonAI Holdings, Inc. Class A Common Stock in a research report on Thursday, April 9th. They issued an “overweight” rating and a $40.00 target price for the company. B. Riley Financial initiated coverage on SharonAI Holdings, Inc. Class A Common Stock in a research note on Thursday, July 9th. They set a “buy” rating and a $124.00 price target on the stock. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of SharonAI Holdings, Inc. Class A Common Stock in a research note on Monday, July 6th.

SharonAI Holdings, Inc. Class A Common Stock Trading Down 2.0%

Shares of NASDAQ:SHAZ opened at $62.34 on Tuesday. The stock has a market cap of $1.04 billion, a P/E ratio of -43.59 and a beta of 5.89. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. SharonAI Holdings, Inc. Class A Common Stock has a twelve month low of $1.90 and a twelve month high of $178.00. The business’s 50 day moving average is $71.29.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) last issued its earnings results on Friday, May 15th. The company reported ($1.43) earnings per share (EPS) for the quarter. The firm had revenue of $0.29 million for the quarter. As a group, equities research analysts predict that SharonAI Holdings, Inc. Class A Common Stock will post -1.67 EPS 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.