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

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) has earned an average rating of “Hold” from the five ratings firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $84.6667.

SHAZ has been the topic of a number of recent analyst reports. Wall Street Zen upgraded SharonAI Holdings, Inc. Class A Common Stock from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Zacks Research raised SharonAI Holdings, Inc. Class A Common Stock to a “hold” rating in a research note on Friday, July 10th. Cantor Fitzgerald started coverage on SharonAI Holdings, Inc. Class A Common Stock in a research report on Thursday, April 9th. They set an “overweight” rating and a $40.00 target price on the stock. Compass Point boosted their price target on shares of SharonAI Holdings, Inc. Class A Common Stock from $50.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Finally, 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.

SharonAI Holdings, Inc. Class A Common Stock Stock Performance

SHAZ opened at $65.60 on Tuesday. 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 quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. The firm has a fifty day moving average price of $70.90. The stock has a market capitalization of $1.10 billion, a PE ratio of -45.87 and a beta of 5.89.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) last posted 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. On average, equities research analysts forecast that SharonAI Holdings, Inc. Class A Common Stock will post -1.67 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.