WhiteFiber (NASDAQ:WYFI – Free Report) had its price objective lifted by Cantor Fitzgerald from $13.00 to $27.00 in a research note issued to investors on Friday, Marketbeat reports. They currently have a neutral rating on the stock.
Several other brokerages have also issued reports on WYFI. HC Wainwright lowered their price target on shares of WhiteFiber from $34.00 to $20.00 and set a “buy” rating on the stock in a report on Friday, March 27th. BTIG Research boosted their price target on shares of WhiteFiber from $20.00 to $35.00 and gave the company a “buy” rating in a report on Thursday. Needham & Company LLC boosted their price target on shares of WhiteFiber from $36.00 to $38.00 and gave the company a “buy” rating in a report on Friday. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of WhiteFiber in a report on Friday, March 27th. Ten equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, WhiteFiber presently has a consensus rating of “Moderate Buy” and an average price target of $34.00.
View Our Latest Report on WhiteFiber
WhiteFiber Trading Down 19.3%
WhiteFiber (NASDAQ:WYFI – Get Free Report) last announced its earnings results on Thursday, May 14th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.07). The company had revenue of $21.92 million for the quarter. WhiteFiber had a negative return on equity of 9.00% and a negative net margin of 45.24%.The business’s revenue for the quarter was up 30.4% on a year-over-year basis. Equities research analysts anticipate that WhiteFiber will post -0.93 EPS for the current fiscal year.
Institutional Investors Weigh In On WhiteFiber
Several institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada boosted its stake in shares of WhiteFiber by 108.2% in the 4th quarter. Royal Bank of Canada now owns 2,394 shares of the company’s stock valued at $37,000 after purchasing an additional 1,244 shares in the last quarter. Strs Ohio acquired a new stake in shares of WhiteFiber in the 4th quarter valued at $30,000. Shikiar Asset Management Inc. boosted its stake in shares of WhiteFiber by 4.9% in the 4th quarter. Shikiar Asset Management Inc. now owns 48,790 shares of the company’s stock valued at $771,000 after purchasing an additional 2,290 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of WhiteFiber by 5.3% in the 4th quarter. Russell Investments Group Ltd. now owns 49,513 shares of the company’s stock valued at $782,000 after purchasing an additional 2,477 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of WhiteFiber in the 4th quarter valued at $44,000.
Key Stories Impacting WhiteFiber
Here are the key news stories impacting WhiteFiber this week:
- Positive Sentiment: Needham & Company raised its price target on WhiteFiber to $38 from $36 and reiterated a buy rating, signaling significant upside potential from current levels. Needham raises WhiteFiber target to $38, keeps Buy
- Positive Sentiment: BTIG Research lifted its price target to $35 from $20 and kept a buy rating, adding to the bullish post-earnings sentiment around the stock. BTIG raises WhiteFiber target to $35, keeps Buy
- Positive Sentiment: Cantor Fitzgerald raised its price target to $27 from $13, reflecting a more constructive view even though it maintained a neutral rating. Cantor Fitzgerald raises WhiteFiber target to $27, keeps Neutral
- Neutral Sentiment: WhiteFiber reported first-quarter revenue of $21.92 million, up about 30% year over year, and said gross margins and adjusted EBITDA were positive, but EPS came in at a loss of $0.31, missing estimates. WhiteFiber Q1 2026 results
- Negative Sentiment: The earnings release also showed a wider-than-expected quarterly loss, which may limit near-term upside despite strong revenue growth. WhiteFiber Q1 earnings transcript
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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