CRWV
Another day, another AI-compute hype check
CoreWeave was trading higher Tuesday after fresh bullish analyst coverage reminded everyone that the AI infrastructure trade is still very much alive. When a stock is already riding the “pick-and-shovel” wave of the AI boom, even a couple of optimistic Wall Street notes can act like an espresso shot.
The new bull case
GF Securities kicked off coverage with a Buy rating and a $162 price target, saying CoreWeave’s early lead in GPU deployments and its focus on dedicated AI infrastructure give it a real edge. Translation: while everyone else is still trying to build the gym, CoreWeave is already selling the weights.
Deutsche Bank also stayed upbeat, reiterating a Buy rating and a $135 target. Its pitch is basically that AI infrastructure spending isn’t cooling off anytime soon, and that rising backlog plus stronger GPU rental pricing could keep the growth story humming.
Why investors care
CoreWeave is one of those companies that lives right in the middle of the AI bottleneck. It relies on NVIDIA GPUs to power the cloud services used for model training and inference, which means demand for compute is the whole game here.
The catch? The company is still spending aggressively, so the market is balancing two competing stories:
- Bull case: AI demand keeps exploding, pricing improves, and the backlog keeps filling up.
- Bear case: margins get squeezed while CoreWeave keeps pouring money into growth like it’s trying to win a very expensive arms race.
Big picture: CoreWeave remains a favorite way to play the AI buildout, but this is still a growth-at-full-speed story — not a sleepy utility with a dividend and a nap schedule.