SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Research Coverage Started at Northland Securities

Northland Securities started coverage on shares of SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) in a research report report published on Friday morning, Marketbeat.com reports. The brokerage issued an outperform rating and a $95.00 target price on the stock.

Several other equities analysts have also issued reports on SHAZ. Zacks Research upgraded SharonAI Holdings, Inc. Class A Common Stock to a “hold” rating in a research report on Friday, July 10th. B. Riley Financial started coverage on shares of SharonAI Holdings, Inc. Class A Common Stock in a research report on Thursday, July 9th. They issued a “buy” rating and a $124.00 price target on the stock. Wall Street Zen lowered shares of SharonAI Holdings, Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a research note on Monday, July 20th. Cantor Fitzgerald decreased 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. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SharonAI Holdings, Inc. Class A Common Stock in a research note on Monday, July 6th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, 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 SharonAI Holdings, Inc. Class A Common Stock stock opened at $57.56 on Friday. The firm has a fifty day moving average of $59.22 and a two-hundred day moving average of $53.68. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of -33.86 and a beta of 5.89. SharonAI Holdings, Inc. Class A Common Stock has a 52 week low of $1.90 and a 52 week 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.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) last announced its quarterly earnings data on Thursday, August 6th. The company reported ($22.84) EPS for the quarter, missing analysts’ consensus estimates of ($0.21) by ($22.63). The company had revenue of $1.93 million during the quarter. As a group, equities research analysts predict that SharonAI Holdings, Inc. Class A Common Stock will post 10.96 EPS for the current 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.