HC Wainwright reaffirmed their buy rating on shares of WhiteFiber (NASDAQ:WYFI – Free Report) in a research note released on Thursday morning, Marketbeat reports. The brokerage currently has a $37.00 target price on the stock.
Several other research firms have also recently weighed in on WYFI. Weiss Ratings cut shares of WhiteFiber from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, August 12th. Barclays boosted their price target on shares of WhiteFiber from $29.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Friday, August 14th. B. Riley Financial reissued a “buy” rating on shares of WhiteFiber in a report on Monday, May 18th. Cantor Fitzgerald upgraded shares of WhiteFiber from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $27.00 to $36.00 in a research report on Thursday, August 13th. Finally, BTIG Research reaffirmed a “buy” rating and set a $50.00 price objective on shares of WhiteFiber in a report on Wednesday, August 12th. Ten investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $38.64.
Read Our Latest Stock Analysis on WhiteFiber
WhiteFiber Price Performance
WhiteFiber (NASDAQ:WYFI – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported ($0.39) earnings per share for the quarter, beating the consensus estimate of ($0.40) by $0.01. The firm had revenue of $28.84 million for the quarter. WhiteFiber had a negative return on equity of 10.72% and a negative net margin of 46.87%. On average, research analysts expect that WhiteFiber will post -1.06 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the stock. Strs Ohio purchased a new stake in WhiteFiber during the 4th quarter valued at about $30,000. Royal Bank of Canada increased its stake in WhiteFiber by 108.2% in the 4th quarter. Royal Bank of Canada now owns 2,394 shares of the company’s stock worth $37,000 after purchasing an additional 1,244 shares during the period. Police & Firemen s Retirement System of New Jersey bought a new stake in WhiteFiber in the fourth quarter valued at approximately $44,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of WhiteFiber during the fourth quarter valued at approximately $55,000. Finally, MetLife Investment Management LLC purchased a new stake in shares of WhiteFiber during the fourth quarter valued at approximately $106,000.
Key Stories Impacting WhiteFiber
Here are the key news stories impacting WhiteFiber this week:
- Positive Sentiment: HC Wainwright reiterated a “Buy” rating and assigned a $37 price target, substantially above recent trading levels. The firm projects WhiteFiber’s losses will narrow from an estimated $1.24 per share in fiscal 2026 to $0.93 per share in fiscal 2027, suggesting improving profitability. WhiteFiber Earns Buy Rating from HC Wainwright
- Positive Sentiment: WhiteFiber’s second-quarter colocation and cloud-services revenue both increased, supporting the company’s strategy of providing AI-optimized data centers and GPU cloud capacity. Continued revenue growth could help validate its infrastructure buildout. WhiteFiber’s Cloud and Colocation Revenue Grew
- Neutral Sentiment: About 6.04 million shares were sold short as of August 14. That creates the possibility of a short squeeze if operating momentum improves, but it also reflects significant bearish positioning and can increase volatility.
- Negative Sentiment: HC Wainwright still expects quarterly and full-year losses, including a projected $1.24 per-share loss for fiscal 2026. WhiteFiber’s recent results also showed a negative net margin, underscoring that growth has not yet translated into profitability.
About WhiteFiber
We believe we are a leading provider of artificial intelligence (“AI”) infrastructure solutions. We own high-performance computing (“HPC”) data centers and provide cloud-based HPC graphics processing units (“GPU”) services, which we term cloud services, for customers such as AI application and machine learning (“ML”) developers (the “HPC Business”). Our Tier-3 data centers provide hosting and colocation services. Our cloud services support generative AI workstreams, especially training and inference.
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