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May 18, 2026 12:01 PM

What's Going On With SharonAI On Monday?

SharonAI Holdings, Inc. (NASDAQ:SHAZ) shares are up at last check on Monday, three days after the company reported strong growth in its AI Cloud business.

Q1 Results And AI Cloud Growth

SharonAI 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 ...