WhiteFiber (NASDAQ: WYFI) Surges 9.38% on Bullish Analyst Note and $865M Partnership

WhiteFiber (NASDAQ: WYFI) surged 9.3787% in pre-market trading on Dec. 23, 2025, driven by renewed investor optimism following a bullish analyst note and a high-impact partnership. The rally was catalyzed by H.C. Wainwright analyst Kevin Dede, who reiterated a "Buy" rating and maintained a $34 price target—over double the current share price—citing strategic momentum from a 10-year colocation agreement with Nscale Global Holdings. The deal, valued at $865 million, requires WhiteFiber to supply 40 megawatts of IT load for an AI data center in North Carolina, positioning the company to directly support major clients like OpenAI and Microsoft through Nscale's infrastructure.

Analysts highlighted the dual benefits of the contract: securing long-term revenue and enhancing WhiteFiber's credibility in the competitive AI sector. While the agreement alone isn’t transformative, its alignment with growing demand for AI infrastructure and the analyst upgrade created a compelling narrative for investors. The stock’s sharp pre-market gain underscored market confidence in WhiteFiber’s ability to leverage infrastructure partnerships to scale its operations amid the AI boom.

WhiteFiber’s stock price has historically shown strong volatility in line with its niche infrastructure market and speculative investor sentiment. The recent upgrade by H.C. Wainwright, coupled with the long-term, high-value Nscale contract, suggests a shift toward more sustained demand. While the company's fundamentals remain under scrutiny by institutional analysts, its exposure to the AI infrastructure boom positions it as a high-growth speculative play in the short to medium term.

Looking ahead, the key risks for WhiteFiber include regulatory scrutiny, execution risks in delivering the required infrastructure capacity, and the broader macroeconomic environment. However, the combination of a strong analyst rating and a strategic infrastructure contract has created a short-term tailwind that could extend the bullish momentum into early 2026.