Analysts Set WhiteFiber, Inc. (NASDAQ:WYFI) Price Target at $34.00

WhiteFiber, Inc. (NASDAQ:WYFIGet Free Report) has earned an average recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $34.00.

A number of equities research analysts have recently commented on WYFI shares. Wall Street Zen cut shares of WhiteFiber from a “hold” rating to a “sell” rating in a report on Friday, September 5th. Zacks Research upgraded shares of WhiteFiber to a “hold” rating in a report on Wednesday, September 3rd. Craig Hallum started coverage on shares of WhiteFiber in a report on Tuesday, September 2nd. They set a “buy” rating and a $25.00 price target on the stock. Macquarie increased their price target on shares of WhiteFiber from $28.00 to $32.00 and gave the company an “outperform” rating in a report on Friday, September 26th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $34.00 price target on shares of WhiteFiber in a report on Thursday, September 18th.

View Our Latest Stock Report on WYFI

Institutional Investors Weigh In On WhiteFiber

A hedge fund recently bought a new stake in WhiteFiber stock. Gladstone Institutional Advisory LLC purchased a new stake in shares of WhiteFiber, Inc. (NASDAQ:WYFIFree Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 12,850 shares of the company’s stock, valued at approximately $349,000.

WhiteFiber Stock Performance

Shares of WYFI opened at $34.04 on Wednesday. WhiteFiber has a fifty-two week low of $14.01 and a fifty-two week high of $40.75. The business has a 50-day simple moving average of $24.78.

WhiteFiber Company Profile

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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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Analyst Recommendations for WhiteFiber (NASDAQ:WYFI)

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