SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Rating Lowered to “Sell” at Wall Street Zen

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZGet Free Report) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Monday.

Other equities research analysts have also recently issued reports about the stock. Compass Point boosted 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 report on Monday, May 18th. Zacks Research raised shares of SharonAI Holdings, Inc. Class A Common Stock to a “hold” rating in a research report on Friday, July 10th. Cantor Fitzgerald started coverage on SharonAI Holdings, Inc. Class A Common Stock in a report on Thursday, April 9th. They issued an “overweight” rating and a $40.00 price target for the company. B. Riley Financial began coverage on SharonAI Holdings, Inc. Class A Common Stock in a report on Thursday, July 9th. They issued a “buy” rating and a $124.00 price target for the company. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of SharonAI Holdings, Inc. Class A Common Stock in a research note on Monday, July 6th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, SharonAI Holdings, Inc. Class A Common Stock currently has an average rating of “Hold” and a consensus target price of $84.67.

Read Our Latest Stock Analysis on SharonAI Holdings, Inc. Class A Common Stock

SharonAI Holdings, Inc. Class A Common Stock Trading Up 13.9%

NASDAQ:SHAZ opened at $71.00 on Monday. The company has a market capitalization of $1.19 billion, a P/E ratio of -49.65 and a beta of 5.89. SharonAI Holdings, Inc. Class A Common Stock has a twelve month low of $1.90 and a twelve month high of $178.00. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.04 and a current ratio of 1.04. The stock’s fifty day simple moving average is $71.67.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZGet Free Report) last posted its quarterly earnings results on Friday, May 15th. The company reported ($1.43) 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

(Get Free Report)

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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Analyst Recommendations for SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ)

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