WhiteFiber, Inc. (WYFI) – What Are Researchers Thinking About This Stock?

WhiteFiber, Inc. (NASDAQ:WYFI) has been given a consensus rating of “Moderate Buy” by the eleven analysts that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $38.00.

Several analysts recently commented on WYFI shares. Needham & Company LLC raised their target price on WhiteFiber from $38.00 to $41.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Weiss Ratings downgraded WhiteFiber from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, August 12th. Barclays upped their price objective on WhiteFiber from $29.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Friday, August 14th. Cantor Fitzgerald raised shares of WhiteFiber from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $27.00 to $36.00 in a research note on Thursday, August 13th. Finally, BTIG Research reaffirmed a “buy” rating and set a $50.00 target price on shares of WhiteFiber in a report on Wednesday, August 12th.

WhiteFiber Stock Up 13.8%

WYFI stock opened at $8.88 on Friday. The firm’s fifty day simple moving average is $15.41 and its 200-day simple moving average is $20.90. The company has a market capitalization of $402.09 million, a P/E ratio of -4.83 and a beta of 6.77. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.79 and a quick ratio of 0.79. WhiteFiber has a 12 month low of $7.43 and a 12 month high of $46.87.

WhiteFiber (NASDAQ:WYFI) last issued its earnings results on Wednesday, August 12th. The company reported ($0.39) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.40) by $0.01. The firm had revenue of $28.84 million during the quarter. WhiteFiber had a negative net margin of 46.87% and a negative return on equity of 10.72%. As a group, equities research analysts forecast that WhiteFiber will post -1.05 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Penn Capital Management Company LLC raised its holdings in WhiteFiber by 37.0% in the 3rd quarter. Penn Capital Management Company LLC now owns 28,940 shares of the company’s stock worth $521,000 after purchasing an additional 7,813 shares during the period. State of Alaska Department of Revenue purchased a new position in WhiteFiber during the third quarter worth approximately $55,000. Polaris Financial Partners acquired a new stake in WhiteFiber in the third quarter valued at approximately $27,000. Tidal Investments LLC grew its holdings in WhiteFiber by 115.9% in the second quarter. Tidal Investments LLC now owns 125,510 shares of the company’s stock valued at $4,876,000 after purchasing an additional 67,379 shares during the period. Finally, WINTON GROUP Ltd acquired a new stake in WhiteFiber in the second quarter valued at approximately $439,000.

WhiteFiber Company Profile

WhiteFiber, Inc (NASDAQ: WYFI) is a digital infrastructure company focused on providing high-performance computing resources for artificial intelligence, machine learning and other data-intensive workloads.

The company develops and operates infrastructure intended to support advanced computing, including data center capacity, power and connectivity solutions, and access to specialized computing resources. Its offerings are designed for customers that require scalable, reliable infrastructure for applications such as AI model development, cloud computing and high-performance computing.

WhiteFiber is an emerging company in the rapidly expanding AI and digital infrastructure sector.