WhiteFiber: Premium Nscale Colocation Deal Underscores Speed-to-Market Advantage and Supports Buy Rating with $34 Target

Kevin Dede, an analyst from H.C. Wainwright, reiterated the Buy rating on WhiteFiber, Inc.. The associated price target remains the same with $34.00.Kevin Dede has given his Buy rating due to a combination of factors tied to WhiteFiber’s latest strategic contract and market positioning. He highlights the newly signed 10‑year, 40MW colocation agreement with Nscale—worth roughly $865 million in contracted revenue—as a strong validation of WhiteFiber’s value proposition and partner selection. The deal aligns WhiteFiber with a specialized AI infrastructure provider that already serves top-tier technology clients, creating a platform for a broader, longer-term relationship and potential expansion on remaining NC‑1 capacity. Dede also emphasizes that the contract’s pricing per megawatt is at the high end of recent AI/HPC colocation transactions, reflecting a premium for WhiteFiber’s high-density, energy-efficient design and rapid deployment timeline under its retrofit model. Kevin Dede further underscores that WhiteFiber’s focus on smaller, faster-to-deploy power blocks can generate superior economics in a capacity-constrained market where demand still exceeds available supply. By delivering capacity quickly and in tailored increments, the company stands to benefit from higher revenue per megawatt and accelerated cash generation, as shown by prior deployments. He believes this speed-to-market advantage, coupled with a growing visible development pipeline, strengthens WhiteFiber’s competitive standing and supports the view that the shares can revisit their 52-week high. Based on these factors—premium contract economics, strategic validation through Nscale, and favorable market dynamics—Dede reiterates his Buy rating and maintains a $34 price target.In another report released on December 19, Craig-Hallum also reiterated a Buy rating on the stock with a $25.00 price target.