$WYFI

WhiteFiber, Inc. (WYFI) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. EX-10.2 3 ea029977501ex10-2.htm EMPLOYMENT AGREEMENT, BY AND BETWEEN WHITEFIBER, INC. AND JUSTIN ZHU Exhibit 10.2 EMPLOYMENT AGREEMENT This Employment Agreement (“ Agreement ”) is entered into effective as of August 1, 2026 (the “ Effective Date ”) by and between WhiteFiber, Inc.

WhiteFiber (NASDAQ:WYFI) said it achieved 111.2 Tbps over 83 km of dark fiber using its distributed GPU supercluster architecture, about twice prior field-trial capacity, and plans a commercial launch in Q3 2026. The stock was up 8.81% to $39.97. Analysts have a Buy rating with an average $32.40 target; next earnings are estimated Aug. 9, 2026.

WhiteFiber (NASDAQ:WYFI) shares fell 7.1% to about $29.90 midday Friday, after closing at $32.18. The stock traded as low as $29.57 on volume of 482,905 shares, down 58% from average. Analysts cited mixed calls: Cantor raised its target to $27 (neutral) and BTIG to $35 (buy), while HC Wainwright cut to $20 (buy). In its May 14 earnings, the company reported EPS of -$0.31 and revenue of $21.92M.

Craig-Hallum has reduced its price target for WhiteFiber Inc (NASDAQ:WYFI) from $25.00 to $21.00, while maintaining a Buy rating. The firm acknowledges near-term challenges impacting the stock but anticipates gains within the next couple of quarters, citing strong demand in AI data center and GPU-as-a-Service markets. This update follows WhiteFiber's significant Q4 2025 earnings miss, though Citizens reiterated a Market Outperform rating on the company's infrastructure progress.

Principal Financial Group Inc. recently acquired 56,468 shares of WhiteFiber, Inc. (NASDAQ:WYFI) in the third quarter, a new position valued at approximately $1,534,000. This makes Principal Financial Group Inc. the owner of 0.15% of WhiteFiber's stock. The article also notes that multiple analysts have issued "Buy" ratings for WhiteFiber, with a consensus target price of $36.22.

WhiteFiber, Inc. has priced an upsized private offering of $210.0 million in 4.500% Convertible Senior Notes due 2031, a significant increase from the initial $200.0 million. The company plans to use the net proceeds, estimated at $202.1 million, primarily for data center expansion, including property acquisition, construction, energy agreements, equipment purchases, and potential acquisitions, partnerships, and joint ventures related to AI infrastructure and high-performance computing solutions. A portion of the proceeds, approximately $120.0 million, will cover the cost of a privately negotiated zero-strike call option transaction aimed at facilitating hedging activities for investors in the notes.

WhiteFiber (NASDAQ:WYFI) shares dropped 4% after B. Riley lowered its price target, although the analyst consensus remains a "Moderate Buy." The company faced mixed fundamentals, missing Q3 EPS and revenue estimates, but saw significant year-over-year revenue growth. Analysts highlight a 10-year Nscale colocation deal and unusual call-option buying as potential positive catalysts for the stock.

WhiteFiber grew sales 65% year over year last quarter, but investors expected more.

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