SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Now Covered by Northland Securities

Stock analysts at Northland Securities began coverage on shares of SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) in a research note issued to investors on Friday, Briefing.com reports. The firm set an “outperform” rating and a $95.00 price target on the stock. Northland Securities’ target price would suggest a potential upside of 67.49% from the stock’s current price.

Other equities research analysts have also issued reports about the company. B. Riley Financial initiated coverage on SharonAI Holdings, Inc. Class A Common Stock in a research report on Thursday, July 9th. They set a “buy” rating and a $124.00 target price on the stock. 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. Cantor Fitzgerald cut their price objective on SharonAI Holdings, Inc. Class A Common Stock from $116.00 to $109.00 and set an “overweight” rating on the stock in a report on Friday, August 7th. Zacks Research raised shares of SharonAI Holdings, Inc. Class A Common Stock to a “hold” rating in a research note on Friday, July 10th. Finally, Wall Street Zen cut shares of SharonAI Holdings, Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a report on Monday, July 20th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $104.50.

SharonAI Holdings, Inc. Class A Common Stock Stock Performance

Shares of SHAZ opened at $56.72 on Friday. SharonAI Holdings, Inc. Class A Common Stock has a 1 year low of $1.90 and a 1 year high of $178.00. The company has a debt-to-equity ratio of 0.90, a quick ratio of 10.55 and a current ratio of 10.55. The company has a market cap of $2.03 billion, a price-to-earnings ratio of -33.36 and a beta of 5.89. The firm has a fifty day moving average of $59.57 and a 200-day moving average of $53.42.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) last posted its quarterly earnings data on Thursday, August 6th. The company reported ($22.84) earnings per share (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. As a group, equities analysts anticipate 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.