WhiteFiber’s Colocation Deal Signals Positive Outlook, Analysts Say
- WhiteFiber (WYFI) signed a long-term colocation deal with Nscale Global at its NC-1 campus, valued at approximately $865 million.
- B. Riley analysts noted the deal supports WhiteFiber’s original deployment timeline and execution capabilities.
- The firm’s price target for WYFI was adjusted to $40 from $44, indicating a potential upside of about 127% from its recent close of $17.62.
- WhiteFiber is in advanced discussions with lenders for a construction facility expected to close in early 2026.
- Currently, WhiteFiber trades at about 11x EV/EBITDA based on its estimates for the year ending in Q4.
The recent colocation agreement positions WhiteFiber favorably within the market, highlighting its operational strengths and strategic planning as noted by B. Riley analysts.
With a price target reflecting a significant upside potential of around 127%, WhiteFiber is positioned to recover from its recent stock price decline effectively.
