B. Riley Expects 127% Increase for WhiteFiber

B. Riley stated that WhiteFiber’s NC-1 Nscale agreement supports the company's timing and execution. He also emphasized that negotiations for construction financing are progressing and there are potential credit enhancements.

Analysts reiterated their 'buy' recommendations for the stock. However, following a decline of more than 50% from record highs, they reduced their price target from 44 dollars to 40 dollars.