Clear Street lowered the firm’s price target on WhiteFiber (WYFI) to $45 from $51 and keeps a Buy rating on the shares. The firm reduced 2027 EBITDA estimates to reflect a more conservative pace of growth for WhiteFibers’ cloud services revenue. Clear views NC-1, which is s in the final stages of negotiation with two counterparties, as the cornerstone of the company’s mid-2026 ramp.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WYFI:
- Crypto Currents: Grayscale Investments files for IPO
- WhiteFiber price target lowered to $38 from $45 at Needham
- WhiteFiber price target lowered to $37 from $42 at Roth Capital
- WhiteFiber, Inc. Reports Strong Revenue Growth Amid IPO Challenges
- Closing Bell Movers: Applied Materials down 4% after earnings and guidance