On October 21, 2026, Cantor Fitzgerald reiterated its Overweight rating for SharonAI Holdings Inc. The firm maintained its $109.00 price target. SharonAI shares had fallen 13% over the week leading up to the announcement.
Cantor Fitzgerald addressed investor concerns about SharonAI’s potential exposure to power delays at NEXTDC’s M3 data center in Melbourne. The delays affect the facility’s expansion, not existing operations, where SharonAI has a small presence.
The analyst note said SharonAI’s contract with NVIDIA for 72 megawatts is at NEXTDC’s M2 facility. The note did not identify any delays at M2.