Needham & Company LLC Boosts WhiteFiber (NASDAQ:WYFI) Price Target to $38.00

WhiteFiber (NASDAQ:WYFI) had its price objective increased by investment analysts at Needham & Company LLC from $36.00 to $38.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Needham & Company LLC’s price objective would indicate a potential upside of 26.71% from the company’s current price.

Other equities research analysts have also issued research reports about the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of WhiteFiber in a research note on Friday, March 27th. HC Wainwright dropped their target price on WhiteFiber from $34.00 to $20.00 and set a “buy” rating for the company in a research report on Friday, March 27th. Cantor Fitzgerald initiated coverage on shares of WhiteFiber in a research report on Thursday, April 9th. They set a “neutral” rating and a $13.00 price target on the stock. Finally, BTIG Research upped their price objective on shares of WhiteFiber from $20.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday. Ten analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $32.73.

WhiteFiber Price Performance

Shares of NASDAQ:WYFI opened at $29.99 on Friday. The company’s fifty day moving average price is $16.25 and its 200-day moving average price is $18.69. The firm has a market capitalization of $1.15 billion and a price-to-earnings ratio of -26.31. WhiteFiber has a one year low of $10.51 and a one year high of $40.75.

WhiteFiber (NASDAQ:WYFI) last announced its earnings results on Thursday, May 14th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($0.07). The company had revenue of $21.92 million for the quarter. WhiteFiber’s revenue was up 30.4% on a year-over-year basis. As a group, equities research analysts expect that WhiteFiber will post -0.93 EPS for the current year.

Institutional Trading of WhiteFiber

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Galaxy Digital Inc. bought a new position in shares of WhiteFiber in the first quarter worth approximately $834,000. Sei Investments Co. raised its holdings in WhiteFiber by 196.0% during the 1st quarter. Sei Investments Co. now owns 72,138 shares of the company’s stock valued at $859,000 after buying an additional 47,770 shares during the last quarter. Cetera Investment Advisers purchased a new stake in WhiteFiber during the 1st quarter valued at $203,000. Buffalo Business & Estate Services Ltd. bought a new stake in WhiteFiber in the 1st quarter worth $602,000. Finally, Feynman Point Asset Management LLC bought a new stake in WhiteFiber in the 4th quarter worth $2,511,000.

Key Headlines Impacting WhiteFiber

Here are the key news stories impacting WhiteFiber this week:

• Positive Sentiment: BTIG Research raised its price target on WhiteFiber to $35 from $20 and kept a buy rating, signaling confidence in further upside for the AI infrastructure company. WhiteFiber (NASDAQ:WYFI) Price Target Raised to $35.00 at BTIG Research
• Positive Sentiment: WhiteFiber reported first-quarter revenue of $21.92 million, up about 30%–31% year over year, driven by stronger colocation sales and continued demand for AI/HPC infrastructure. WhiteFiber, Inc. Reports First Quarter 2026 Results
• Positive Sentiment: Management highlighted strong gross margins and positive adjusted EBITDA, suggesting the business is scaling even as it continues investing in its platform. Whitefiber Inc (WYFI) Q1 2026 Earnings Call Highlights: Revenue Surge and Strategic Advances …
• Neutral Sentiment: Investors also reviewed the full Q1 earnings call transcript and related commentary for more detail on the company’s strategy and operational progress. WhiteFiber, Inc. (WYFI) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Despite strong sales growth, WhiteFiber posted a net loss of about $12 million and an adjusted EPS loss of $0.31, missing the consensus estimate of -$0.24, which may temper enthusiasm. WhiteFiber Q1 revenue rises 31% to $21.9 million as colocation sales jump, net loss reaches $12 million

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.