Overview
- WhiteFiber, which reported Q4 results Thursday, said revenue rose 61% to $23.6 million and adjusted EBITDA, a cash-flow proxy, reached $5.8 million as its GAAP loss widened to $0.67 per share.
- Following the release, the stock fell about 12.5% to $10.63 in Friday trading as investors weighed faster growth against deeper losses.
- Analysts trimmed targets but kept positive ratings, with HC Wainwright cutting its goal to $20 and Needham to $36 while both maintained Buy calls.
- Looking ahead, analysts highlight a planned $865 million Nscale deal linked to the 40MW NC-1 data center, with the contract start targeted for May 2026.
- Shares have dropped roughly 60% from October 2025 highs, reflecting concern over reliance on Nscale and the risk that new capacity may not fill as quickly as planned.