Needham & Company LLC Has Lowered Expectations for WhiteFiber (NASDAQ:WYFI) Stock Price

WhiteFiber (NASDAQ:WYFI) had its price objective reduced by equities research analysts at Needham & Company LLC from $38.00 to $36.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC’s price target points to a potential upside of 217.04% from the stock’s current price.

Several other brokerages also recently commented on WYFI. Weiss Ratings restated a “sell (d)” rating on shares of WhiteFiber in a research note on Monday, December 29th. B. Riley Financial cut their price target on WhiteFiber from $44.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, December 24th. HC Wainwright reduced their price objective on WhiteFiber from $34.00 to $20.00 and set a “buy” rating for the company in a research note on Friday. Finally, Compass Point began coverage on WhiteFiber in a report on Tuesday, December 16th. They set a “buy” rating and a $32.00 price objective for the company. Nine research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $34.44.

WhiteFiber Trading Down 6.6%

NASDAQ WYFI traded down $0.81 on Friday, hitting $11.36. 287,454 shares of the company were exchanged, compared to its average volume of 909,402. The company has a market cap of $434.44 million and a PE ratio of -24.24. The stock has a fifty day moving average of $17.56 and a 200-day moving average of $21.43. WhiteFiber has a 12 month low of $11.33 and a 12 month high of $40.75.

WhiteFiber (NASDAQ:WYFI) last posted its quarterly earnings results on Thursday, March 26th. The company reported ($0.67) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.53). The business had revenue of $23.56 million for the quarter, compared to analysts’ expectations of $23.07 million.

Institutional Investors Weigh In On WhiteFiber

Hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada raised its holdings 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 worth $37,000 after acquiring an additional 1,244 shares during the last quarter. Strs Ohio acquired a new position in WhiteFiber during the 4th quarter valued at about $30,000. Shikiar Asset Management Inc. boosted its stake in WhiteFiber by 4.9% during 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 during the last quarter. Russell Investments Group Ltd. increased its holdings in WhiteFiber by 5.3% during the 4th quarter. Russell Investments Group Ltd. now owns 49,513 shares of the company’s stock worth $782,000 after purchasing an additional 2,477 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of WhiteFiber in the fourth quarter worth approximately $44,000.

Key Stories Impacting WhiteFiber

Here are the key news stories impacting WhiteFiber this week:

• Positive Sentiment: Analyst keeps Buy rating — HC Wainwright lowered its price target from $34 to $20 but maintained a “buy” rating, signaling continued analyst conviction in the story despite the cut; the new PT still implies large upside from current levels. Read More.
• Positive Sentiment: Longer-term growth thesis highlighted — A Seeking Alpha piece argues investors should “look past Q4 noise” for an $865M NC-1 inflection point, suggesting upcoming product/contract milestones could materially improve revenue and margins. Read More.
• Neutral Sentiment: Revenue slightly beat estimates — Q4 revenue was $23.56M vs. consensus $23.07M, showing top-line resilience even as profitability missed. Conference call and the company press release are available for details on guidance/driver commentary. Read More. Read More.
• Neutral Sentiment: Company messaging emphasizes transformation — The PR release frames 2025 as a “transformational year,” which could support a longer-term recovery if execution on product ramps and contracts meets expectations. Read More.
• Negative Sentiment: Big EPS miss drove the sell-off — WYFI reported ($0.67) EPS vs. a consensus of ($0.14), a material miss that prompted an immediate negative market reaction and headlines of a double-digit share drop. That EPS shortfall is the primary reason shares are down today. Read More.
• Negative Sentiment: Technical and valuation context is weak — WYFI sits below its 50- and 200-day moving averages and carries a negative trailing P/E, increasing downside sensitivity until profits or clearer guidance return. Read More.

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.