SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Given New $109.00 Price Target at Cantor Fitzgerald

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) had its price objective cut by Cantor Fitzgerald from $116.00 to $109.00 in a report published on Friday morning,Benzinga reports. They currently have an overweight rating on the stock.

Several other equities research analysts have also commented on SHAZ. B. Riley Financial started coverage on shares of 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 on the stock. Zacks Research upgraded SharonAI Holdings, Inc. Class A Common Stock to a “hold” rating in a research note on Friday, July 10th. Compass Point boosted their price objective on 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. Weiss Ratings restated a “sell (d-)” rating on shares of SharonAI Holdings, Inc. Class A Common Stock in a research note on Monday, July 6th. Finally, Wall Street Zen lowered SharonAI Holdings, Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a report on Monday, July 20th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $107.67.

SharonAI Holdings, Inc. Class A Common Stock Stock Down 4.5%

Shares of NASDAQ SHAZ opened at $49.79 on Friday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.04. SharonAI Holdings, Inc. Class A Common Stock has a 52 week low of $1.90 and a 52 week high of $178.00. The firm has a 50 day moving average price of $69.94. The stock has a market capitalization of $833.68 million, a price-to-earnings ratio of -34.82 and a beta of 6.02.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) last released its quarterly earnings data 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, research analysts expect that SharonAI Holdings, Inc. Class A Common Stock will post -1.67 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.