SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• SHAZ has a consensus “Moderate Buy” rating from six analysts: four buys, one hold, and one sell. The average 12-month price target is $104.50.
• Recent analyst actions were mixed: Northland Securities initiated coverage with an “outperform” rating and a $95 target, while Cantor Fitzgerald lowered its target to $109; Wall Street Zen downgraded the stock to “sell.”
• The stock opened at $54.68 and has shown extreme volatility, with a 52-week range of $1.90 to $178.00. Its latest quarterly results included a $22.84 loss per share on $1.93 million in revenue, missing the consensus loss estimate of $0.21 per share.

Shares of SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ - Get Free Report) have earned a consensus rating of "Moderate Buy" from the six ratings firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $104.50.

A number of research analysts recently commented on the stock. Zacks Research upgraded shares of SharonAI Holdings, Inc. Class A Common Stock to a "hold" rating in a research note on Friday, July 10th. Cantor Fitzgerald cut their target price on SharonAI Holdings, Inc. Class A Common Stock from $116.00 to $109.00 and set an "overweight" rating for the company in a research report on Friday, August 7th. Northland Securities started coverage on SharonAI Holdings, Inc. Class A Common Stock in a research note on Friday, September 18th. They set an "outperform" rating and a $95.00 price target for the company. Wall Street Zen cut SharonAI Holdings, Inc. Class A Common Stock from a "hold" rating to a "sell" rating in a research report on Monday, July 20th. Finally, Weiss Ratings reiterated 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 stock opened at $54.68 on Friday. The company has a 50-day simple moving average of $58.28 and a 200 day simple moving average of $54.82. The company has a market capitalization of $1.96 billion, a P/E ratio of -32.16 and a beta of 5.89. The company has a quick ratio of 10.55, a current ratio of 10.55 and a debt-to-equity ratio of 0.90. 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.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported ($22.84) EPS for the quarter, missing the consensus estimate of ($0.21) by ($22.63). The business had revenue of $1.93 million for the quarter. Sell-side analysts predict that SharonAI Holdings, Inc. Class A Common Stock will post 10.96 earnings per share for the current fiscal 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.

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