Group 1 - CoreWeave, Inc. (NASDAQ:CRWV) is gaining attention on Wall Street, with Truist Securities initiating coverage with a Hold rating and an $84 price target, citing high leverage and capital expenditure requirements as concerns [1][2] - CoreWeave has a strategic partnership with Nvidia, which owns approximately 7% of CRWV and has committed to purchasing up to $6.3 billion of unsold capacity through April 2032, providing a long-term revenue backstop [2] - The company generated 77% of its revenue last year from its two largest customers, with Microsoft accounting for 62% of revenue, and this year, Microsoft has made up around 70% of revenue through Q3 2025, although this is expected to decline below 50% next year after the OpenAI contract begins [3][4] Group 2 - The reliance on a few revenue sources tied to one or two customers creates risks for CoreWeave, particularly if alternatives to Nvidia's GPUs emerge or supply constraints ease [3][4] - Despite the risks, there is potential for Nvidia or other partners to acquire CoreWeave if business conditions worsen, as GPU and compute capacity are likely to remain vital to AI models [4]

CoreWeave, Inc. (NASDAQ:CRWV) is one of the AI Stocks Analysts Are Watching Closely. On January 5, Cantor Fitzgerald analyst Thomas Blakey reiterated an Overweight rating on the stock with a $131.00 price target. Despite short-term revenue timings shifts, firm analysts see long-term upside from Blackwell GPU adoption and discounted valuation vs peers. The firm told investors in a research note that it has adjusted its estimates, shifting some revenue from Q4 2025 and Q1 2026 to Q2 2026 due to potential f ...

Core Viewpoint - CoreWeave, Inc. is under investigation for potential violations of federal securities laws following a significant drop in its stock price after announcing reduced revenue and capital expenditure forecasts due to data center capacity limitations [1][2][3] Company Overview - CoreWeave's business model involves acquiring high-interest debt to purchase advanced AI chips from Nvidia, which are then installed in leased data center server racks and rented out to AI companies [2] Financial Performance - On November 10, 2025, CoreWeave announced its financial results for Q3 2025, revealing a cut in its full-year 2025 revenue and capital expenditure forecasts [2] - Following the announcement, CoreWeave's stock price fell by $17.22 per share, representing a 16.31% decrease, closing at $88.30 per share on November 11, 2025 [3]

Group 1 - CoreWeave Inc. (NASDAQ:CRWV) has been upgraded to Neutral from Underperform by DA Davidson, with a new price target of $68, up from $36, primarily due to the potential $100 billion fundraise by OpenAI [1][2] - The success of OpenAI's capital raise is uncertain, but if successful, it would help OpenAI meet its 2026 obligations, including those to CoreWeave [2] - Despite the upgrade, there are concerns that CoreWeave's equity could become worthless as debt holders currently own the entire enterprise value, although the fundraise could delay issues related to the company's capital structure [2] Group 2 - CoreWeave announced plans to integrate the Nvidia Rubin platform into its AI cloud infrastructure, aiming to launch in H2 2026, positioning itself as one of the first cloud providers to deploy this technology [3] - The deployment will utilize Nvidia Vera Rubin NVL72 racks, managed through CoreWeave's proprietary Rack Lifecycle Controller, which coordinates power delivery, liquid cooling, and hardware validation [4] - CoreWeave operates a cloud platform that supports scaling, support, and acceleration for GenAI, building infrastructure for enterprise compute workloads [4]

Core Viewpoint - HSBC Global Investment Research maintains ratings and target prices for major tech companies while highlighting challenges and opportunities in the AI industry chain by 2026 [1] Company Ratings and Target Prices - Ratings for major tech companies are as follows: Nvidia (Buy, $320), Google (Buy, $370), Amazon (Buy, $300), Meta (Buy, $905), Microsoft (Buy, $667), Oracle (Buy, $364), Apple (Hold, $250), and CoreWeave (Reduce, $44) [1] Key Trends for 2026 - Strong demand is leading to a persistent cloud computing capacity shortage, with major players like Amazon, Microsoft, and Google acknowledging this issue [2] - Multiple bottlenecks exist in industry development, particularly in power supply and chip capacity, which are expected to constrain revenue growth in the short term [2] - Capital expenditures are on a continuous upward trend, with a projected 44% year-over-year increase in global cloud computing capital expenditures in 2026 [3] - The rise of ASICs is noted, with Nvidia GPUs remaining the preferred choice for large-scale cloud computing firms, while ASICs are expected to gain market share [3] - The competitive landscape for advanced large models is anticipated to shift towards an oligopoly dominated by a few major players, with open-source models closing the gap with top proprietary models [3] - AI technology is expected to further penetrate consumer markets, particularly in smartphones and new hardware products, with data center infrastructure remaining the core driver of growth [4]

Core Investment Thesis - Brad Gerstner, CEO of Altimeter Capital, believes the software and cloud sector is in the early stages of a super cycle driven by AI and data center spending [1][5] - Gerstner highlighted CoreWeave Inc. as a key investment opportunity, emphasizing its strategic importance related to Nvidia's Rubin platform [2][3] Data Center Spending Insights - In 2023, $150 billion was spent on data centers, with projections suggesting this could rise to $500 billion by 2026, indicating strong growth in the sector [4] - Gerstner noted that this spending is backed by actual purchase orders, not speculative estimates [4] CoreWeave Performance - CoreWeave's stock has experienced a significant decline of 50.6% over the last six months, currently trading at $77.18, down 0.9% recently [7] - Despite the recent downturn, the stock has increased over 97% in the past year since its IPO at $40 in March 2025, suggesting potential for recovery and growth [7]

Core Insights - Applied Digital Corp. is set to report its fiscal second-quarter 2026 financial results, with investors keenly observing the outcomes and executive commentary [1] - The stock has shown positive momentum, climbing over 25% in early January [10] Financial Estimates - Analysts anticipate a quarterly revenue of $89.76 million, reflecting a year-over-year increase of over 40% from $63.87 million in Q2 2025 [2][3] - The expected loss per share is projected at ten cents, compared to a loss of six cents per share in the same quarter last year [3] Key Growth Drivers - Revenue growth is attributed to the ramp-up of the Polaris Forge 1 campus and services provided to CoreWeave Corp. [3] - The partnership with CoreWeave, which expanded its lease at the Ellendale campus to a full 400 MW, is expected to generate significant lease revenue starting late 2025 or early 2026, with a total contract value of approximately $11 billion over 15 years [5] Strategic Developments - Applied Digital announced a spin-off of its cloud business to merge with Ekso Bionics Holdings, forming a new entity called ChronoScale, which aims to enhance focus on its AI Factory data center business [6][9] - The company has secured a development loan facility with Macquarie Group to support its new AI campuses, highlighting its focus on financing and liquidity [6] Operational Insights - Despite the expected net loss, the company is benefiting from operating leverage as its fixed-cost infrastructure begins to generate recurring cash flow [4] - Management's commentary on the cost of capital and future funding needs for Polaris Forge 2 will be a key focus for analysts, given the capital-intensive nature of building hyperscale data centers [7]

Core View - Truist Securities initiated coverage on CoreWeave with a Hold rating and a price target of $84.00, highlighting its position as a leading provider of cloud infrastructure for AI workloads [1] Company Growth - CoreWeave experienced rapid growth, with revenue increasing more than 14 times in fiscal 2023, over 8 times in fiscal 2024, and management projecting more than a doubling of revenue in fiscal 2025 [2] Partnerships and Supply Chain - The company has a close partnership with NVIDIA, which is critical for securing access to GPUs necessary for its operations [1] Financial Considerations - Despite the strong growth momentum, the stock's risk-reward profile is considered balanced due to CoreWeave's high leverage and significant capital expenditure requirements to support its growth [2]

Given CoreWeave’s (CRWV) compelling growth, along with its ability to increase its revenue from its existing customers and its impressive, recent deals, I view CRWV stock as a buy for growth investors. Another factor that should boost CRWV stock over the medium-to-long term is the likely continued, strong growth of AI. And although the stock's price-sales ratio is high, I believe that its overall valuation is attractive, in light of the company's strong performance and its potent, positive catalysts. How ...

Core Viewpoint - CoreWeave, Inc. (CRWV) is set to integrate NVIDIA's Rubin technology into its AI cloud platform, aiming to be among the first cloud providers to deploy this technology in the second half of 2026, thereby enhancing its position in agentic AI and large-scale inference workloads [1][8] Group 1: Technology Integration and Capabilities - The integration of NVIDIA Rubin will provide customers with a broader performance spectrum, allowing for scaling from training to inference and supporting both experimental and mission-critical AI deployments [2] - CoreWeave's platform is powered by a custom-built software stack that enhances integration timelines while ensuring high performance and reliability, with Mission Control at its core for real-time diagnostics [3] - The Rack Lifecycle Controller, a Kubernetes-native orchestrator, manages power delivery, liquid cooling, and high-speed networking, treating an entire NVIDIA Vera Rubin NVL72 rack as a single programmable entity [4] Group 2: Competitive Positioning - By combining Rubin's capabilities with its software stack, CoreWeave offers large-scale training, high-performance inference, and low-latency AI deployment, positioning itself as a specialized AI cloud provider against competitors like Microsoft and Nebius Group N.V. [5] - Nebius Group is expanding its capacity to meet surging AI demand, targeting $7–$9 billion in annual recurring revenue (ARR) by the end of 2026, while Microsoft plans to increase its AI capacity by over 80% [6][7] Group 3: Financial Performance and Market Position - CoreWeave's shares have increased by 92.1% over the past year, significantly outperforming the Internet Software industry's growth of 0.8% [10] - The Zacks Consensus Estimate for CoreWeave's earnings has been revised upward over the past 60 days, indicating positive market sentiment [13]