Q1 Results And AI Cloud GrowthSharonAI reported first-quarter EPS loss of $1.43, compared with a loss of $1.34 in the prior-year quarter. Meanwhile, revenue declined to $294,014 from $325,092 a year earlier.The company highlights significant demand for its services and an upgrade in expected data center capacity to 100MW. SharonAI Holdings announced its first-quarter results, showcasing a robust acceleration in its AI Cloud growth across key markets. CEO James Manning explained the company’s services led to increased data center capacity and a positive outlook for future growth.Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $46.67. Recent analyst moves include:
Compass Point: Initiated with Buy (Target $50.00) (April 22)
LUCID CAPITAL MARKETS: Initiated with Buy (Target $50.00) (April 17)
Cantor Fitzgerald: Initiated with Overweight (Target $40.00) (April 9)
