SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Stock Rating Upgraded by Wall Street Zen

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Sunday.

SHAZ has been the topic of several other research reports. Compass Point increased their price target on shares of SharonAI Holdings, Inc. Class A Common Stock from $50.00 to $90.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. B. Riley Financial initiated coverage on SharonAI Holdings, Inc. Class A Common Stock in a report on Thursday. They set a “buy” rating and a $124.00 target price on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SharonAI Holdings, Inc. Class A Common Stock in a research report on Monday, July 6th. Finally, Cantor Fitzgerald started coverage on SharonAI Holdings, Inc. Class A Common Stock in a research note on Thursday, April 9th. They set an “overweight” rating and a $40.00 price target for the company. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $84.67.

SharonAI Holdings, Inc. Class A Common Stock Stock Performance

Shares of SharonAI Holdings, Inc. Class A Common Stock stock traded down $5.38 during trading on Friday, hitting $74.62. 1,349,203 shares of the stock traded hands, compared to its average volume of 1,718,960. The company has a market capitalization of $1.25 billion, a PE ratio of -52.18 and a beta of 5.89. The business’s fifty day moving average is $69.35. 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 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 (NASDAQ:SHAZ) last released its quarterly earnings data on Friday, May 15th. The company reported ($1.43) EPS for the quarter. The company had revenue of $0.29 million during the quarter. On average, equities research analysts expect 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

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.