WYFI
WhiteFiber, Inc. Ordinary SharesTechnology·Information Technology Services
$29.74
$1.1B market cap
Revenue
$45.5M
Free Cash Flow
$176.9M
Rev Growth
+0.0%
FCF Margin
389.0%
P/FCF
6.5x
EV/FCF
6.5x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
WhiteFiber, Inc. provides AI-focused infrastructure solutions through the development and operation of GPU-optimized data centers and cloud platforms. The company offers colocation, hosting, and GPU-as-a-service, supporting compute, storage, and networking needs for AI and machine learning workloads. WhiteFiber operates on a vertically integrated model and was spun off from Bit Digital, Inc. before going public in August 2025. It is headquartered in the United States.
2-Year Price History
$30.19+97.3%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 21.9 | -2.5 | -11.0 | -12.0 | 0.0 | -1.3 | -1.4 | 0.6 | 2.0 | 38.4 | <-999% | -1.3x | -- |
| Act | 2025-Q4 | 23.6 | 2.9 | -5.2 | -1.5 | 25.5 | 178.3 | -152.8 | 114.4 | 23.4 | 38.3 | -7.5% | -- | -- |
Valuation & Metrics
Market Stats
Price$29.74
Market Cap$1.1B
Enterprise Value$1.1B
P/S Ratio25.3x
P/FCF6.5x
EV/FCF6.5x
FCF Margin (TTM)389.0%
FCF Yield15.4%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$45.5M
Net Income$-13.6M
Free Cash Flow$176.9M
Revenue Growth (YoY)+0.0%
EBITDA Margin0.8%
Net Margin-29.8%
FCF Margin389.0%
CapEx % of Revenue338.9%
SBC % of Revenue0.0%
ROIC-1094.1%
WC Change % Rev-1.2%
Interest Coverage0.2x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares2.6M
Days to Cover3.7
Change (vs Prior)+1.2%
Need at least 2 settlement dates for chart
Employees
Headcount39
Revenue / Employee$1,166,267
Gross Profit / Employee$705,717
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
8.7%(-7.4% YoY)
87 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
1.7%(+0.3% YoY)
10 filers
Vanguard, iShares, SPDR
Market makers
0.0%(-0.3% YoY)
1 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Situational Awareness Partners LP | $20.9M | $11.91 | +$20.9M | +$20.9M | — | $3.86B |
| Situational Awareness LP | $20.9M | $15.80 | +$0 | +$20.9M | +13.1% | $3.86B |
| BlackRock, Inc.Passive | $8.8M | $17.79 | −$600K | +$8.8M | -0.2% | $5.69T |
| CenterBook Partners LP | $6.5M | $13.65 | +$3.6M | +$6.5M | -0.3% | $1.85B |
| MILLENNIUM MANAGEMENT LLC | $5.8M | $13.53 | +$5.5M | +$5.8M | -0.5% | $127.40B |
| CastleKnight Management LP | $5.1M | $11.91 | +$5.1M | +$5.1M | +1.2% | $2.13B |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $3.3M | $20.45 | +$292K | +$3.3M | +2.3% | $1.61T |
| UBS Group AG | $3.3M | $15.83 | +$952K | +$3.3M | -0.3% | $562.11B |
| BALYASNY ASSET MANAGEMENT LLC | $2.9M | $22.58 | −$2.6M | +$2.9M | -0.4% | $48.01B |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $2.7M | $12.00 | +$2.6M | +$2.7M | +1.7% | $73.71B |
| STATE STREET CORPPassive | $2.6M | $17.55 | +$110K | +$2.6M | -0.2% | $2.89T |
| CLEARFIELD CAPITAL MANAGEMENT LP | $2.2M | $17.96 | −$13.4M | +$2.2M | +0.5% | $182M |
| Feynman Point Asset Management LLC | $2.0M | $15.55 | +$131K | +$2.0M | +13.2% | $29.1M |
| Vident Advisory, LLC | $1.7M | $11.91 | +$1.7M | +$1.7M | -2.3% | $11.74B |
| LAZARD ASSET MANAGEMENT LLC | $1.6M | $15.25 | +$225K | +$1.6M | -0.3% | $60.69B |
| PRICE T ROWE ASSOCIATES INC /MD/ | $1.5M | $26.71 | −$5.6M | +$1.5M | -0.2% | $864.93B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $1.4M | $11.91 | +$1.4M | +$1.4M | — | $4.04T |
| Trexquant Investment LP | $1.3M | $11.91 | +$1.3M | +$1.3M | -0.2% | $13.81B |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $1.0M | $23.05 | +$36K | +$1.0M | +0.7% | $645.81B |
| NORTHERN TRUST CORPPassive | $959K | $18.37 | +$44K | +$959K | -0.2% | $755.34B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
+3.82%
avg per quarter
Holders (ex-self)
+3.90%
excl. this stock
Buyers (this Q)
-0.02%
51 buyers · $0.05B in
Sellers (this Q)
+0.03%
18 sellers · $0.04B out
alpha coverage: 79% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-12.8%
how holders react when this stock falls
On quiet Qs
+3.7%
−10% to +10% baseline
On rallies (+10%+)
-3.9%
how they react when this stock rises
Holders' portfolio flow this Q
-5.3%
outflows — trims may be forced
Sellers' portfolio flow this Q
+0.2%
Sellers' overall flow ~ flat.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
+5.1%
Holder mid (any stock)
+3.7%
Holder rally (any stock)
-3.9%
Biggest decreases this quarter
CLEARFIELD CAPITAL MANAGEMENT LP−$13.4Mα+0.5PRICE T ROWE ASSOCIATES INC /MD/−$5.6Mα-0.2AWM Investment Company, Inc.exited−$5.2MCITADEL ADVISORS LLCexited−$3.9MSUSQUEHANNA INTERNATIONAL GROUP, LLPexited−$3.1MZweig-DiMenna Associates LLCexited−$2.9MBALYASNY ASSET MANAGEMENT LLC−$2.6Mα-0.4Empowered Funds, LLCexited−$791KSHIKIAR ASSET MANAGEMENT INCexited−$771KMonashee Investment Management LLC−$715Kα+1.9
New buyers this quarter
Top-5 holders · 53.8%
Situational Awareness Partners LP--
Situational Awareness LP--
BlackRock, Inc.--
CenterBook Partners LP--
MILLENNIUM MANAGEMENT LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
DRIEHAUS CAPITAL MANAGEMENT LLC—Situational Awareness LP1.8MSituational Awareness Partners LP1.8MCLEARFIELD CAPITAL MANAGEMENT LP185KPRICE T ROWE ASSOCIATES INC /MD/128KCITADEL ADVISORS LLC—AWM Investment Company, Inc.—Monashee Investment Management LLC80KMARSHALL WACE, LLP—WASATCH ADVISORS INC—
Analyst Coverage
Analyst Coverage
Price Targets
Last Quarter (6 analysts)$24.67-1700.0%
Last Year (20 analysts)$31.90730.0%
Current Price$29.74
Analyst Ratings
6
1
Buy: 6Hold: 1Consensus: Buy
Corporate
Order Flow (FINRA, ~3w lag)
31.2%retail+2.1pp
19.6%dark-3.2pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
WhiteFiber, Inc.: Earnings Propped by Accounting Magic and Parent Dependency
Overall Risk
7/10
Fraud
4/10
Dilution
8/10
Insolvency
3/10
Earnings Overstated
8/10
Hidden Liabilities
5/10
Legal
3/10
Audit Warnings
5/10
Hidden Upside
4/10
Contextually Acceptable
4/10