WhiteFiber, Inc. (NASDAQ:WYFI) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• WhiteFiber, Inc. has received an average consensus recommendation of "Moderate Buy" from six brokerages, with one hold rating and five buy ratings.
• The average 1-year price target for WhiteFiber is currently set at $30.60, with various analysts providing higher estimates, some reaching up to $34.00.
• Despite a recent downturn of 3.2% in trading, WhiteFiber's stock has experienced fluctuations between a 1-year low of $14.01 and a high of $29.53.

Shares of WhiteFiber, Inc. (NASDAQ:WYFI - Get Free Report) have earned an average recommendation of "Moderate Buy" from the six brokerages that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $30.60.

A number of analysts recently issued reports on the company. Needham & Company LLC reaffirmed a "buy" rating and set a $34.00 price objective on shares of WhiteFiber in a research report on Thursday, September 18th. Craig Hallum assumed coverage on WhiteFiber in a research report on Tuesday, September 2nd. They set a "buy" rating and a $25.00 price objective for the company. Roth Capital increased their price objective on WhiteFiber from $25.00 to $28.00 and gave the stock a "buy" rating in a research report on Thursday, September 18th. Macquarie increased their price objective on WhiteFiber from $28.00 to $32.00 and gave the stock an "outperform" rating in a research report on Friday. Finally, B. Riley assumed coverage on WhiteFiber in a research report on Tuesday, September 2nd. They set a "buy" rating and a $34.00 price objective for the company.

WhiteFiber Trading Down 3.2%

NASDAQ:WYFI opened at $22.83 on Friday. WhiteFiber has a 1 year low of $14.01 and a 1 year high of $29.53.

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”).

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