Cantor Fitzgerald initiated coverage on SharonAI Holdings Inc. with a new price target
$SHAZ
EDP Services
Technology
Cantor Fitzgerald initiated coverage of SharonAI Holdings Inc. with a rating of Overweight and set a new price target of $40.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/9/2026 | $40.00 | Overweight | Cantor Fitzgerald |
Results in Total Proceeds of US$74 million Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries ("Sharon AI" or "the Company"), a leading Australian neocloud, announced the accelerated receipt of the remaining outstanding US$50 million Senior Secured Convertible Promissory Note, and receipt of a true-up share issuance from New Era Energy & Digital, Inc. (NASDAQ:NUAI). This accelerated receipt results in total proceeds of sale of Sharon AI's 50% ownership interest in Texas Critical Data Centers LLC ("TCDC") to NUAI of US$74 million, US$4 million higher than the originally anticipated US$70 million. On April 10, 2026, NUAI delivered an Optional Redemption Notice to Sharon AI
Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries ("Sharon AI" or "the Company"), a leading Australian Neocloud, announced a significant expansion of its AI Cloud services business, with the signing of an initial five-year, US$1.25BN TCV AI infrastructure agreement with ESDS Software Solutions Ltd. The customer has an option to extend for an additional 2 years. Under the terms of the contract, Sharon AI will deploy an 8K B300 cluster within one of the company's existing data center providers in Australia, with revenue expected to commence in the third quarter of 2026. James Manning, Co-Founder and CEO, Sharon AI said, "This contract is one of many we have been working on
Foundation Built for Acceleration in 2026 and Beyond Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries ("Sharon AI" or "the Company"), a leading Australian Neocloud, announced the release of its financial results for the fourth quarter and fiscal year ended 31 December 2025. The fiscal 2025 financial results reflect the Company's full year operations after becoming a certified NVIDIA Cloud Partner ("NCP") in December 2024. As a result, 2025 was a year that saw the foundations built upon which Sharon AI intends to accelerate its growth, at scale, into 2026 and beyond. Key activities in 2025 included: Nasdaq IPO: Preparation for the Company's Nasdaq IPO which took plac
Cantor Fitzgerald initiated coverage of SharonAI Holdings Inc. with a rating of Overweight and set a new price target of $40.00
4 - SharonAI Holdings Inc. (0002068385) (Issuer)
4 - SharonAI Holdings Inc. (0002068385) (Issuer)
3 - SharonAI Holdings Inc. (0002068385) (Issuer)
POS AM - SharonAI Holdings Inc. (0002068385) (Filer)
SCHEDULE 13G - SharonAI Holdings Inc. (0002068385) (Subject)
8-K - SharonAI Holdings Inc. (0002068385) (Filer)
SharonAI Holdings Inc. ("Sharon AI"), a leading Australian neocloud (NASDAQ:SHAZ), announced on February 24, 2026, that highly experienced global technology executive, Mr. Benjamin Adams, joined the Sharon AI Holdings Inc. board of directors on February 22, 2026. Mr. Adams is a global business and technology leader with deep and broad expertise across financial, technology and regulatory law, mergers & acquisitions, corporate securities reporting, intellectual property and real estate. "I am honoured to join the board at such a pivotal and exciting time. I look forward to leveraging my experience to help Sharon AI shape its strategic goals and expand its impact in the coming years," sai