CRWV and NBIS to Join Nasdaq-100 Index
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 12 2026
0mins
Source: stocktwits
- Nasdaq-100 Inclusion: CRWV and NBIS stocks are set to join the Nasdaq-100 index on June 22, with market expectations that this will drive their stock prices higher as index funds and ETFs are required to purchase shares to track the index.
- Stock Performance: Following the Nasdaq announcement, CRWV and NBIS jumped 7% and 8% respectively in pre-market trading, reflecting strong investor confidence in the surge of demand for AI infrastructure, particularly given both companies' leading positions in cloud computing.
- Financial Growth: CoreWeave reported a 111% year-over-year revenue increase to $2.08 billion in the last quarter, indicating robust demand in the AI workload cloud computing market, while Nebius's stock surged 342% over the past 12 months, showcasing its successful expansion in AI infrastructure.
- Analyst Sentiment: Analysts are more bullish on CRWV, with 23 out of 36 analysts rating it as 'Buy' or higher, compared to only 9 out of 16 analysts giving 'Buy' or higher ratings for NBIS, indicating strong market confidence in CRWV's prospects.
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Analyst Views on CRWV
Wall Street analysts forecast CRWV stock price to rise
25 Analyst Rating
12 Buy
13 Hold
0 Sell
Moderate Buy
Current: 115.210
Low
68.00
Averages
123.23
High
180.00
Current: 115.210
Low
68.00
Averages
123.23
High
180.00
About CRWV
CoreWeave, Inc. is a cloud infrastructure technology company. The Company offers the CoreWeave Cloud Platform, which consists of software and cloud services that deliver the automation and efficiency needed to manage complex artificial intelligence (AI) infrastructure. Its CoreWeave Cloud Platform is an integrated solution that is purpose-built for running AI workloads such as model training and inference. Its solutions include infrastructure services, managed software services, and application software services. Its Infrastructure Services provide its customers with access to advanced graphics processing unit (GPU) and central processing unit (CPU) compute, highly performant networking, and storage. Its Managed Software Services include CKS, a flexible virtual private cloud and a bare metal service that runs kubernetes directly on high-performance servers. Its Application Software Services build on top of its infrastructure and managed software services, integrating additional tools.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Market Expansion: The number of companies with trillion-dollar market caps has grown to about 20, reflecting the significant impact of AI spending on the market; while most companies have limited growth potential, some smaller firms exhibit greater upside.
- Sandisk Performance: Sandisk's stock has surged nearly 800% in 2026, and while another such gain is unlikely, its forward P/E ratio is expected to drop to 11.5 by fiscal 2027, suggesting a potential tripling of stock price if earnings triple as anticipated, indicating strong investment potential.
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See More
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- Sandisk Stock Performance: Sandisk's stock has surged nearly 800% this year, and while another similar gain is unlikely, the strong demand and rising prices in the NAND storage market for data centers will continue to drive revenue and profit growth, with a projected P/E ratio of only 11.5 for fiscal 2027, indicating significant upside potential.
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- CoreWeave Revenue Outlook: CoreWeave's stock has increased about 50% this year, and despite a relatively weaker performance, it generated $2.1 billion in revenue in Q1 with a backlog nearing $100 billion, expecting to realize over a third of that in the next two years, showcasing robust growth potential.
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See More
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- New Member Introduction: The Nasdaq-100 index will add five companies on June 22, including Astera Labs, CoreWeave, Nebius Group, Teradyne, and Rocket Lab, all of which excel in networking, AI, and computing capacity, with year-to-date gains ranging from 53% to 242%, reflecting strong market demand in these sectors.
- Astera Labs Rapid Growth: Astera Labs focuses on providing high-speed connectivity hardware and software for AI systems, reporting first-quarter revenue of $308.4 million, a 93% increase year-over-year, and net income of $80.3 million, up from $31.8 million last year, indicating robust performance and future growth potential in the AI market.
- CoreWeave's Contract Expansion: CoreWeave has secured contracts with Meta totaling $35 billion, with a revenue backlog nearing $100 billion reported in the first quarter, and it expects to achieve 8 GW of power capacity by 2030, showcasing its strong capabilities in cloud computing and AI workload management.
- Nebius Group's Investment and Expansion: Nebius Group received a $2 billion investment from Nvidia and plans to achieve 4 GW of AI capacity by the end of 2025, exceeding its original target, while its contracts with Microsoft and Meta total $46 billion, underscoring its leadership position in the AI cloud services market.
See More
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- Nasdaq-100 Restructuring: On June 22, the Nasdaq-100 index will add five companies: Astera Labs, CoreWeave, Nebius Group, Teradyne, and Rocket Lab, reflecting strong market demand for networking, AI, and computing infrastructure, which is expected to further boost these companies' market capitalizations.
- Astera Labs Strong Performance: The company reported first-quarter revenue of $308.4 million, a 93% increase year-over-year, with net income rising to $80.3 million from $31.8 million last year, demonstrating its market leadership in AI system connectivity hardware and software.
- CoreWeave Contract Surge: CoreWeave's contracts with Meta have reached a total of $35 billion, with an additional $21 billion commitment for AI computing capacity in 2023, and a first-quarter revenue backlog nearing $100 billion, with expectations to achieve 8 GW of power capacity by 2030.
- Nebius Group Outstanding Performance: As the best-performing stock this year, Nebius has seen a 242% increase in its stock price and secured a $2 billion investment from Nvidia, planning to achieve 4 GW of AI capacity by the end of 2025, exceeding its original target and showcasing its strong growth potential in the AI cloud services market.
See More
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- Outstanding Fund Performance: Leopold Aschenbrenner's Situational Awareness hedge fund, launched in September 2024, has delivered over 1,000% returns since inception and currently manages more than $20 billion in assets, highlighting its strong performance and market appeal in AI investments.
- Clear Investment Focus: Aschenbrenner believes that the growth bottleneck for the AI market lies in the physical constraints of data centers, chips, and power grids, which is why his fund heavily invests in 'neocloud' companies that provide infrastructure services specifically for AI firms, offering greater flexibility and cost efficiency.
- Massive Market Potential: According to Synergy Research Group, the neocloud market is expected to grow at an explosive 58% CAGR from 2025 to 2031, indicating significant investment opportunities as the AI market expands.
- Key Investment Companies: The fund's investments in Nebius, CoreWeave, and IREN are attracting attention, with projected explosive revenue growth of 550%, 147%, and 46% respectively over the next few years, underscoring their strategic importance in the AI infrastructure sector.
See More
Investment Potential Analysis of Emerging Neocloud Companies
- Market Growth Potential: According to Synergy Research Group, the neocloud market is projected to grow at a 58% CAGR from 2025 to 2031, indicating that the rapid expansion of the AI market will drive demand for cloud infrastructure services.
- Significant Investment Returns: Leopold Aschenbrenner's Situational Awareness hedge fund has achieved over 1,000% returns since inception by investing in three neocloud companies—Nebius, CoreWeave, and IREN—managing over $20 billion in assets, showcasing the success of its investment strategy.
- Company Financial Performance: Nebius, CoreWeave, and IREN are expected to achieve revenue growth of 550%, 147%, and 46% respectively in 2026, and although their current price-to-sales ratios are six, three, and seven times, economies of scale could reduce costs and stabilize profit growth in the long term.
- Competitive Advantage in Industry: Neocloud companies accelerate AI task processing by installing specialized hardware like data center GPUs, offering more flexible contracts compared to traditional hyperscale cloud providers, thereby enhancing their competitive edge in the AI sector.
See More
