10 AI Stocks on Market Radar

8. WhiteFiber, Inc. (NASDAQ:WYFI)

Number of Hedge Fund Holders: 18

WhiteFiber, Inc. (NASDAQ:WYFI) is one of the 10 AI Stocks on Market Radar. On December 19, Citizens maintained its Market Outperform rating on the stock with a $37.00 price target. Firm analysts view the recent colocation deal with Nscale a step forward in strengthening its long-term AI infrastructure positioning.

The 10 year agreement with Nscale for 40MW of critical IT load, valued at about $865 million, will be delivered in two phases in 2026. WhiteFiber has already invested $150 million in the project, the firm noted, covering a third of total construction costs and reducing financial risks.

“WhiteFiber announced a major milestone with the signing of a long-term colocation agreement with Nscale for 40MW of critical IT load at the company’s data center campus NC-1 in Madison, North Carolina. The agreement is structured as a modified gross lease with a 10-year term and an estimated total contract value of approximately $865 million, inclusive of annual escalators and installation charges. Capacity will be delivered in two phases, with the first 20 MW expected to come online April 30, 2026 and the remaining 20 MW on May 30, 2026. WhiteFiber already invested $150 million of equity into the site, roughly 35% of the total build cost by our estimates, significantly de-risking financing for the planned build out.”

According to the firm, NOI margins are estimated to approximately 90%, consistent with other recently signed HPC colocation agreements. Contract terms across the sector are improving as demand for AI capacity accelerates.

Now that a major tenant is in place, the firm sees WhiteFiber as well positioned to expand further “including additional campuses targeted for late 2026 and 2027.”

“We reiterate our Market Outperform rating and $37 price target, which implies an ~7x 2027E EV/EBITDA multiple.”

WhiteFiber, Inc. (NASDAQ:WYFI) is an AI infrastructure company that designs, develops, and operates data centers and provides artificial intelligence (AI) infrastructure solutions.