WhiteFiber Analysts Boost Their Forecasts Following Q1 Results - Whitefiber (NASDAQ:WYFI)

WhiteFiber, Inc. (NASDAQ:WYFI) reported mixed first-quarter results on Thursday. WhiteFiber reported a loss of 31 cents per share, missing the consensus estimate of a 28 cent-loss. In addition, it reported revenue of $21.92 million, beating the consensus estimate of $21.62 million, and representing a 31% year-over-year increase. Cloud services revenue totaled $16.8 million in the quarter, up 13.0% year-over-year from $14.8 million in the first quarter of 2025. Colocation services revenue increased 190.2% year-over-year to $4.8 million, driven by the commencement of operations at MTL-3 in October 2025. "WhiteFiber delivered a solid first quarter, with year-over-year revenue growth, strong gross margins, and positive adjusted EBITDA, while continuing to invest in the AI infrastructure platform we are building," the company said. WhiteFiber shares fell 16.8% to trade at $24.94 on Friday. These analysts made changes to their price targets on WhiteFiber following earnings announcement. Needham analyst John Todaro maintained the stock with a Buy and raised the price target from $36 to $38. Cantor Fitzgerald analyst Brett Knoblauch maintained Whitefiber with a Neutral and raised the price target from $13 to $27. Considering buying WYFI stock? Here's what analysts think: Photo via Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.