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WYFI Stock Rallies 56% in 6 Months: Here's What You Should Know
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Key Takeaways
WhiteFiber's NC-1 has begun billing under a 10-year Nscale deal covering 40 MW and nearly $865M.
WhiteFiber has signed multi-year cloud services agreements with more than $540M in aggregate contract value.
NC-2 and NC-3 could support nearly 200 MW of combined gross utility capacity, with service targeted for Q3'27.
WhiteFiber (WYFI - Free Report) stock has soared dramatically over the past six months. It has gained 55.6%, far outstripping the industry’s 3.6% return and the Zacks S&P 500 Composite's 18.4% advance.
6-Month Share Price Performance
Image Source: Zacks Investment Research
Let us delve deeper into the factors that have contributed to the company’s outperformance.
NC-1 Approaches Revenue Generation Phase
NC1 signed a 10-year agreement with Nscale, covering 40 MW and nearly $865 million in contracted revenues. The company has moved the project through construction into active customer deployment. By the second-quarter 2026 earnings call, WYFI held approximately 20 MW of IT capacity to support installation and testing activities of Nscale and its investment-grade offtaker.
Samir Tabar, the CEO, mentioned that initial billing commenced and expected the full 40 MW to have reached run-rate billing by the end of August. The investment has pivoted from promised capacity toward actual monetization of a large contracted asset.
Long-Term Cloud Contracts Expand Rapidly
WhiteFiber made substantial progress in transforming cloud services business around larger, longer duration customer engagements and a more capital efficient operating model. The CEO stated that the company has entered new multi-year cloud services agreements representing more than $540 million in aggregate contract value.
The company is assigned to deploy 1,392 NVIDIA B300 GPUs at a third-party data center in Ontario. This three-year agreement is targeted to commence in November, representing $165.2 million in contract value. A three-year agreement with Prime Intellect, representing $108.2 million in contract value, assigned the company to deploy 576 NVIDIA Vera Rubin 200 GPUs in Canada. WhiteFiber also entered a five-year agreement with an existing customer, supporting the deployment of 576 NVIDIA B300 GPUs in Iceland. The contract is valued at $87.5 million.
Counting on contracts signed to date, WhiteFiber’s cloud services portfolio is anticipated to generate more than $200 million in annualized revenues once fully deployed. These multi-year agreements have the potential to expand the contracted revenue base and enhance the top-line visibility.
NC-2 & NC-3: Path to Development
On Aug. 17, 2026, WhiteFiber announced that it entered a definitive agreement to acquire two industrial properties in Yadkin County, NC. The company aims to retrofit the properties into data center campuses — NC-2 and NC-3.
These properties are anticipated to provide a minimum of 60 MW of initial gross utility capacity, with the potential to support up to nearly 200 MW of combined gross utility capacity over time. The initial ready-for-service capacity is targeted for the third quarter of 2027. Sam Tabar, the CEO, remarked that management expects these properties to become meaningful for the next phase of the company’s growth.
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Image: Shutterstock
WYFI Stock Rallies 56% in 6 Months: Here's What You Should Know
Key Takeaways
WhiteFiber (WYFI - Free Report) stock has soared dramatically over the past six months. It has gained 55.6%, far outstripping the industry’s 3.6% return and the Zacks S&P 500 Composite's 18.4% advance.
6-Month Share Price Performance
Let us delve deeper into the factors that have contributed to the company’s outperformance.
NC-1 Approaches Revenue Generation Phase
NC1 signed a 10-year agreement with Nscale, covering 40 MW and nearly $865 million in contracted revenues. The company has moved the project through construction into active customer deployment. By the second-quarter 2026 earnings call, WYFI held approximately 20 MW of IT capacity to support installation and testing activities of Nscale and its investment-grade offtaker.
Samir Tabar, the CEO, mentioned that initial billing commenced and expected the full 40 MW to have reached run-rate billing by the end of August. The investment has pivoted from promised capacity toward actual monetization of a large contracted asset.
Long-Term Cloud Contracts Expand Rapidly
WhiteFiber made substantial progress in transforming cloud services business around larger, longer duration customer engagements and a more capital efficient operating model. The CEO stated that the company has entered new multi-year cloud services agreements representing more than $540 million in aggregate contract value.
The company is assigned to deploy 1,392 NVIDIA B300 GPUs at a third-party data center in Ontario. This three-year agreement is targeted to commence in November, representing $165.2 million in contract value. A three-year agreement with Prime Intellect, representing $108.2 million in contract value, assigned the company to deploy 576 NVIDIA Vera Rubin 200 GPUs in Canada. WhiteFiber also entered a five-year agreement with an existing customer, supporting the deployment of 576 NVIDIA B300 GPUs in Iceland. The contract is valued at $87.5 million.
Counting on contracts signed to date, WhiteFiber’s cloud services portfolio is anticipated to generate more than $200 million in annualized revenues once fully deployed. These multi-year agreements have the potential to expand the contracted revenue base and enhance the top-line visibility.
NC-2 & NC-3: Path to Development
On Aug. 17, 2026, WhiteFiber announced that it entered a definitive agreement to acquire two industrial properties in Yadkin County, NC. The company aims to retrofit the properties into data center campuses — NC-2 and NC-3.
These properties are anticipated to provide a minimum of 60 MW of initial gross utility capacity, with the potential to support up to nearly 200 MW of combined gross utility capacity over time. The initial ready-for-service capacity is targeted for the third quarter of 2027. Sam Tabar, the CEO, remarked that management expects these properties to become meaningful for the next phase of the company’s growth.
Zacks Rank & Stocks to Consider
WYFI currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader Zacks Business Services sector are Ingram Micro Holding Corporation (INGM - Free Report) and Ralliant Corporation (RAL - Free Report) , each currently carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Ingram has a long-term earnings growth expectation of 11.5%. INGM delivered a trailing four-quarter earnings surprise of 8.4%, on average.
Ralliant has a long-term earnings growth expectation of 9.4%. RAL delivered a trailing four-quarter earnings surprise of 7.1%, on average.