WhiteFiber, Inc. (NASDAQ:WYFI) Receives $29.20 Consensus Price Target from Analysts

Shares of WhiteFiber, Inc. (NASDAQ:WYFI) have been assigned an average rating of “Buy” from the five analysts that are presently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a buy rating. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $29.20.

A number of research firms recently weighed in on WYFI. Roth Capital began coverage on shares of WhiteFiber in a report on Tuesday. They issued a “buy” rating and a $25.00 price objective on the stock. Macquarie began coverage on shares of WhiteFiber in a report on Tuesday. They issued an “outperform” rating and a $28.00 price objective on the stock. Craig Hallum began coverage on shares of WhiteFiber in a research report on Tuesday. They issued a “buy” rating and a $25.00 target price for the company. Wall Street Zen upgraded shares of WhiteFiber to a “hold” rating in a research report on Saturday, August 16th. Finally, B. Riley began coverage on shares of WhiteFiber in a research report on Tuesday. They issued a “buy” rating and a $34.00 target price for the company.

WhiteFiber Stock Down 2.7%

WYFI stock opened at $16.26 on Tuesday. WhiteFiber has a fifty-two week low of $14.01 and a fifty-two week high of $25.13.

WhiteFiber Company Profile

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”).