WhiteFiber: Contracted Capacity Supports A Speculative Buy

WhiteFiber Inc. earns a buy rating for its rapid conversion of powered industrial sites into AI-ready data center capacity, addressing urgent infrastructure bottlenecks. NC-1’s ten-year, $865M contract validates WYFI’s model, with phased revenue ramping from Q2 2026 and a clear path for scaling via an additional 45 MW expansion. Longer cloud contracts and customer prepayments de-risk capital requirements, supporting growth without overburdening WYFI’s balance sheet. Valuation targets $1.5B firm value ($35/share), contingent on successful project financing and execution of the next NC-1 tranche.

My view is a buy rating for WhiteFiber, Inc. (WYFI). The part I like about WYFI is that it is solving an immediate AI-infrastructure problem. Customers need powered sites now, while new data centers