<div id="readability-page-1"><p>WhiteFiber, Inc. (NASDAQ:WYFI - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $17.41, but opened at $18.92. WhiteFiber shares last traded at $18.68, with a volume of 362,008 shares trading hands.</p><h2>Analysts Set New Price Targets</h2><p>WYFI has been the topic of a number of research reports. B. Riley  restated a &#34;buy&#34; rating on shares of WhiteFiber in a research note on Wednesday, October 22nd. Macquarie upped their price target on shares of WhiteFiber from $28.00 to $32.00 and gave the company an &#34;outperform&#34; rating in a research note on Friday, September 26th. Wall Street Zen lowered shares of WhiteFiber from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research note on Friday, September 5th. JMP Securities  set a $37.00 target price on WhiteFiber in a research report on Wednesday. Finally, Citigroup started coverage on WhiteFiber in a research report on Wednesday. They issued an &#34;outperform&#34; rating for the company. Eight analysts have rated the stock with a Buy rating, one  has assigned  a Hold rating and one  has issued  a Sell rating to the stock. Based on data from MarketBeat.com, the stock  has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $36.11.</p><p><b>Check Out Our Latest Stock Analysis on WhiteFiber</b></p><h2>WhiteFiber Trading Up 10.9%</h2><p>The stock's 50 day moving average is $28.32. </p><p>WhiteFiber (NASDAQ:WYFI - Get Free Report) last announced its quarterly earnings results on Thursday, November 13th. The company reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.35). The business had revenue of $20.18 million for the quarter, compared to analysts' expectations of $21.18 million. The firm's quarterly revenue was up 64.2% compared to the same quarter last year. </p><h2>Institutional Trading of WhiteFiber</h2><p>Several institutional investors and hedge funds have recently modified their holdings of WYFI. Monashee Investment Management LLC bought a new position in shares of  WhiteFiber in the third quarter worth approximately $9,645,000.  Marshall Wace LLP bought a new stake in  WhiteFiber during the third quarter worth about $9,105,000.  Wasatch Advisors LP purchased a new stake in  WhiteFiber during the third quarter valued at about $8,382,000.  Clearfield Capital Management LP bought a new position in shares of  WhiteFiber during the third quarter valued at about $6,778,000.  Finally, Vanguard Group Inc. purchased a new position in shares of  WhiteFiber in the third quarter worth about $6,563,000. </p><h2>WhiteFiber Company Profile</h2> (Get Free Report)<p>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”).</p><h2>See Also</h2><ul><li>Five stocks we like better than WhiteFiber</li><li>Stock Market Sectors: What Are They and How Many Are There? </li><li>NVIDIA Just Proved the AI Boom Is Bigger Than Anyone Thought</li><li>Are Penny Stocks a Good Fit for Your Portfolio?</li><li>Why Target Stock May Keep Falling Despite a 5% Dividend Yield </li><li>What Are Earnings Reports?</li><li>Is Tesla Setting Up for a Year-End Rebound—or a Collapse?</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in WhiteFiber Right Now?</h2><p>Before you consider WhiteFiber, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WhiteFiber wasn't on the list.</p><p>While WhiteFiber currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

WYFI

<p>WhiteFiber (NASDAQ:WYFI) shares gapped up, opening at $18.92 from a previous close of $17.41. Analysts have mixed ratings, with a consensus of "Moderate Buy" and an average price target of $36.11. The company reported a quarterly revenue increase of 64.2% year-over-year but missed EPS estimates. Institutional investors have recently acquired significant stakes in WhiteFiber.</p>

WhiteFiber (NASDAQ:WYFI) Shares Gap Up - What's Next?