WhiteFiber (NASDAQ:WYFI) Now Covered by B. Riley

Key Points

• Investment analysts at B. Riley have initiated coverage on WhiteFiber (NASDAQ:WYFI) with a "buy" rating and a price target of $34.00, indicating a potential upside of over 101% from the current price.
• Other analysts, including Macquarie and Needham & Company, have also issued buy ratings with targets of $28.00 and $34.00 respectively, contributing to a consensus "buy" rating for the stock.
• WhiteFiber opened trading at $16.91 and has shown price fluctuations with a 1-year low of $14.01 and a high of $25.13.

Equities research analysts at B. Riley began coverage on shares of WhiteFiber (NASDAQ:WYFI - Get Free Report) in a research note issued on Tuesday, Marketbeat.com reports. The brokerage set a "buy" rating and a $34.00 price target on the stock. B. Riley's target price points to a potential upside of 108.08% from the company's current price. B. Riley also issued estimates for WhiteFiber's Q2 2025 earnings at ($0.17) EPS, Q3 2025 earnings at $0.01 EPS, Q4 2025 earnings at $0.01 EPS, FY2025 earnings at ($0.15) EPS, Q1 2026 earnings at ($0.02) EPS, Q2 2026 earnings at ($0.09) EPS, Q3 2026 earnings at $0.09 EPS, Q4 2026 earnings at $0.14 EPS, FY2026 earnings at $0.12 EPS and FY2027 earnings at $0.70 EPS.

Other research analysts have also recently issued reports about the company. Wall Street Zen upgraded WhiteFiber to a "hold" rating in a research report on Saturday, August 16th. Macquarie initiated coverage on WhiteFiber in a research report on Tuesday, September 2nd. They set an "outperform" rating and a $28.00 price target for the company. Finally, Needham & Company LLC initiated coverage on WhiteFiber in a research note on Tuesday, September 2nd. They set a "buy" rating and a $34.00 price objective on the stock. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $29.20.

WhiteFiber Stock Performance

Shares of NASDAQ:WYFI traded up $0.08 during trading on Tuesday, hitting $16.34. The stock had a trading volume of 300,546 shares, compared to its average volume of 903,746. WhiteFiber has a 12-month low of $14.01 and a 12-month high of $25.13.

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”).