CoreWeave (CRWV) Stock Soars 40% Amid AI Market Opportunities

Written by Emily J. Thompson, Senior Investment Analyst

CRWV-2.4%

Source: Fool

Updated: 20h ago

0mins

Source: Fool

Stock Performance: CoreWeave's shares have surged 40% in under a month, reflecting strong performance in the data center sector, which has attracted investor interest and boosted market confidence.
Revenue Growth: In Q3, CoreWeave's revenue increased by 134% year-over-year to $1.4 billion, indicating rapid expansion in the AI cloud computing market, with growth momentum expected to continue.
Revenue Backlog: CoreWeave has a revenue backlog of $55.6 billion, with 40% set to materialize over the next two years, suggesting significant revenue growth and market share enhancement ahead.
Market Strategy: CoreWeave is expanding aggressively at all costs, sacrificing short-term profitability for a massive market opportunity in AI computing, making its growth potential in the coming years noteworthy.

CRWV

$91.79+Infinity%1D

Analyst Views on CRWV

Wall Street analysts forecast CRWV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRWV is 123.23 USD with a low forecast of 68.00 USD and a high forecast of 180.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

25 Analyst Rating

12 Buy

13 Hold

0 Sell

Moderate Buy

Current: 94.050

Low

68.00

Averages

123.23

High

180.00

Current: 94.050

Low

68.00

Averages

123.23

High

180.00

JPMorgan

Mark Murphy

Neutral

maintain

$110

2026-01-16

Reason

JPMorgan

Mark Murphy

Price Target

$110

AI Analysis

2026-01-16

maintain

Neutral

Reason

JPMorgan analyst Mark Murphy says recent meetings with CoreWeave management "underscored ongoing strength" in the company's demand environment as well as its expanding customer base and pipeline. Improved visibility is being driven by lengthening contract durations, the analyst tells investors in a research note. JPMorgan notes that CoreWeave spoke of a robust demand environment as AI-related compute capacity remains substantially constrained relative to customer propensity to purchase. The company said demand is "unsolvable" within AI currently, the firm adds. JPMorgan keeps a Neutral rating on CoreWeave with a $110 price target.

Truist

Hold

initiated

$84

2026-01-06

Reason

Truist

Price Target

$84

2026-01-06

initiated

Hold

Reason

Truist initiated coverage of CoreWeave (CRWV) with a Hold rating and $84 price target. CoreWeave holds a leadership position in providing purpose-built AI cloud infrastructure and has become a trusted provider to leading AI labs and hyperscalers, the analyst tells investors in a research note. The Nvidia (NVDA) partnership is vital as it ensures CoreWeave access to GPUs, providing a long-term revenue backstop, Truist says.

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DA Davidson

Gil Luria

Underperform

Neutral

upgrade

$36 -> $68

2026-01-05

Reason

DA Davidson

Gil Luria

Price Target

$36 -> $68

2026-01-05

upgrade

Underperform

Neutral

Reason

As previously reported, DA Davidson analyst Gil Luria upgraded CoreWeave to Neutral from Underperform with a price target of $68, up from $36. The firm was "reluctant," but upgrades shares as it believes that a successful $100B fundraise by OpenAI is "not a forgone conclusion," but serves as a potential positive catalyst for CoreWeave. If completed, such a raise would allow OpenAI to live up to all of its commitments in 2026, including to CoreWeave, and while the firm believes that "the equity in shares of CRWV may ultimately lose all its value since the entire value of the enterprise is owned by debt holders," it thinks a fundraise from OpenAI "would kick the can down the road for the inevitable reckoning."

Jefferies

Brent Thill

Buy

downgrade

$155 -> $120

2026-01-05

Reason

Jefferies

Brent Thill

Price Target

$155 -> $120

2026-01-05

downgrade

Buy

Reason

Jefferies analyst Brent Thill lowered the firm's price target on CoreWeave to $120 from $155 and keeps a Buy rating on the shares. The firm believes 2026 will be "another year of gradual AI monetization," but thinks more meaningful growth contribution and acceleration are needed to ease AI disintermediation fears, requiring more selectivity, the analyst tells investors in an outlook note on the software group. "While we remain confident that value will ultimately accrue to the software layer, investors may need to stay patient" with sector valuation back at historical average, the analyst added.

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.