Analyst Kevin Dede from H.C. Wainwright reiterated a Buy rating on WhiteFiber, Inc. and keeping the price target at $34.00.
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Kevin Dede has given his Buy rating due to a combination of factors that highlight WhiteFiber, Inc.’s strategic positioning and growth potential. The company has demonstrated strong sales performance, exceeding expectations in the recent quarter, and is poised for further growth with the upcoming launch of NC-1 in May 2026. This project is expected to significantly boost revenue, as WhiteFiber is actively negotiating with potential customers for long-term contracts.
Moreover, WhiteFiber’s innovative approach to interconnecting smaller sites to function as a hyperscale facility sets it apart in the market. This strategy not only enhances operational efficiency but also increases the value of its infrastructure, particularly in AI applications. The company’s focus on expanding its portfolio and securing customer partnerships further solidifies its potential for future growth, justifying the Buy rating and the $34 price target set by Kevin Dede.
In another report released on November 14, Craig-Hallum also maintained a Buy rating on the stock with a $25.00 price target.