SharonAI Holdings, Inc. Class A Common Stock (SHAZ) - What Are Analysts Thinking About This Stock?

Key Points

• Analysts have a “Moderate Buy” consensus on SHAZ, with four buy ratings, one hold, and one sell. The average 12-month price target is $104.50, though targets range from $95 to $124.
• The stock opened at $28.00, far below its 12-month high of $139.00, and has exceptionally high volatility with a beta of 6.00. Institutional investors own 25.44% of the company, while Steel Grove Capital recently purchased a roughly $205,000 stake.
• SharonAI reported a steep quarterly loss of $22.84 per share, dramatically missing the $0.21 loss estimate, on revenue of $1.93 million. Analysts nevertheless expect full-year earnings of $10.96 per share.

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

Several research firms have recently issued reports on SHAZ. Wall Street Zen cut SharonAI Holdings, Inc. Class A Common Stock from a "hold" rating to a "sell" rating in a research note on Monday, July 20th. Northland Securities assumed coverage on SharonAI Holdings, Inc. Class A Common Stock in a report on Friday, September 18th. They set an "outperform" rating and a $95.00 price target on the stock. B. Riley Financial started coverage on shares of 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 objective 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. Finally, Cantor Fitzgerald reduced their price objective on shares of SharonAI Holdings, Inc. Class A Common Stock from $116.00 to $109.00 and set an "overweight" rating for the company in a report on Friday, August 7th.

Hedge Funds Weigh In On 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 bought a new position in shares of SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ - Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,750 shares of the company's stock, valued at approximately $205,000. Institutional investors own 25.44% of the company's stock.

SharonAI Holdings, Inc. Class A Common Stock Stock Up 3.8%

Shares of SharonAI Holdings, Inc. Class A Common Stock stock opened at $28.00 on Thursday. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of -16.47 and a beta of 6.00. SharonAI Holdings, Inc. Class A Common Stock has a twelve month low of $1.90 and a twelve month high of $139.00. The company has a current ratio of 10.55, a quick ratio of 10.55 and a debt-to-equity ratio of 0.90. The business's 50 day simple moving average is $52.21 and its 200-day simple moving average is $57.16.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ - Get Free Report) last released its quarterly 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 firm had revenue of $1.93 million for the quarter. Equities research analysts forecast that SharonAI Holdings, Inc. Class A Common Stock will post 10.96 earnings per share for the current 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.

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