Analysts Set SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Price Target at $107.67

Shares of SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) have been given a consensus recommendation of “Hold” by the five ratings firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $107.6667.

A number of brokerages have weighed in on SHAZ. Zacks Research upgraded SharonAI Holdings, Inc. Class A Common Stock to a “hold” rating in a research note on Friday, July 10th. Weiss Ratings restated a “sell (d-)” rating on shares of SharonAI Holdings, Inc. Class A Common Stock in a research report on Monday, July 6th. Compass Point lifted their target price 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 report on Monday, May 18th. B. Riley Financial began coverage on shares of SharonAI Holdings, Inc. Class A Common Stock in a research report on Thursday, July 9th. They issued a “buy” rating and a $124.00 price target for the company. Finally, Wall Street Zen downgraded 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.

SharonAI Holdings, Inc. Class A Common Stock Stock Performance

SharonAI Holdings, Inc. Class A Common Stock stock opened at $76.46 on Friday. SharonAI Holdings, Inc. Class A Common Stock has a fifty-two week low of $1.90 and a fifty-two week high of $178.00. The company has a debt-to-equity ratio of 0.90, a current ratio of 10.55 and a quick ratio of 1.04. The stock has a market cap of $1.28 billion, a P/E ratio of -44.98 and a beta of 6.02. The firm has a 50-day moving average price of $68.71.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) last released its quarterly earnings results on Friday, May 15th. The company reported ($1.43) earnings per share (EPS) for the quarter. The company had revenue of $0.29 million during the quarter. As a group, analysts forecast that SharonAI Holdings, Inc. Class A Common Stock will post 10.96 earnings per share for the current year.

About SharonAI Holdings, Inc. Class A Common Stock

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.