Core View - Wells Fargo upgraded CoreWeave (CRWV.US) from "Hold" to "Buy" and raised its target price from $105 to $170, citing increasingly strong demand signals that cannot be ignored [1] Demand and Market Position - Analysts led by Michael Treynor noted that while other software companies struggle to monetize AI, CoreWeave is benefiting from the current construction cycle and will continue to benefit from an industry supply shortage expected to last until 2026 [1] - The long-term outlook for the AI market remains uncertain, but CoreWeave has demonstrated the ability to expand into the largest consumer base for AI computing power, potentially gaining greater market share over time [1] Key Considerations - Optimistic considerations include evidence from large enterprises indicating AI demand is stronger than expected, significant order volumes from recent AI labs across the industry, and substantial adjustments in capital expenditures from large enterprises [1] - Updated unit economic assumptions from Wells Fargo suggest higher demand will increase the hourly GPU pricing from $2 to $2.5, with NVIDIA (NVDA) committing to underwrite all unused computing power, which may be favorable for CoreWeave [1] Additional Supporting Factors - Profit margin estimates show potential for upside as the vertically integrated technology stack matures and financing rates are better than expected [2] - Continuous expansion with benchmark clients such as Microsoft (MSFT.US), OpenAI, and Google (GOOGL.US) [2] - The end of the company's IPO lock-up period is expected to reduce future stock price volatility [2]

CoreWeave Inc (NASDAQ: NASDAQ: CRWV ) remains one of the best ways to invest in the AI infrastructure boom. And this is because of where the company sits. In fact, CRWV is at the intersection of twoKennedy is a GARP-themed investor with a bias towards companies with aggressive growth prospects, en route to becoming highly profitable in 1-2 years.His investment philosophy emphasizes long-term discipline, consistent alpha, and a pinch of salt (risk).He writes to empower the underprivileged and improve financi ...

Group 1 - CoreWeave, Inc. (NASDAQ: CRWV) has experienced a 50% rally in its stock price over the last month, although it is underperforming compared to some of its AI peers [1] - The company is part of a broader investment focus that includes global macro, international equities, commodities, technology, and cryptocurrencies [1] - The Pragmatic Investor, which covers these areas, aims to assist investors in building diversified portfolios to preserve and increase wealth [1]

CoreWeave's (NASDAQ: CRWV ) 15% correction since my last coverage has made the case for a better entry level more attractive for investors. The big-picture bullish argument centers on the company's huge contracted backlog, which provides multi-year revenue streams andHi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, ...

Core View - CoreWeave's stock has seen significant growth since its IPO in March, rising over 200% from its $40 IPO price to $187 in June [1][3] - The stock is currently receiving attention due to upgrades from Melius Research and Wells Fargo, indicating strong analyst confidence [1][3] Analyst Upgrades - Wells Fargo upgraded CoreWeave to overweight from equal weight, raising the price target from $105 to $170, citing benefits from the elevated build cycle and hyperscaler industry shortages expected to last until the end of 2026 [3][4] - Melius Research upgraded CoreWeave to buy from hold, increasing the price target from $128 to $165, highlighting the company's advantage in cloud demand and its position to gain market share due to early access to Nvidia's next-generation AI systems [5][6] Market Context - The ongoing hyperscaler shortages are seen as a positive for CoreWeave, with expectations that the company will capture more market share [4][5] - The demand signals for CoreWeave are described as "too strong to ignore," indicating a robust outlook for the company [4] Trading Insights - Options strategist Tim Bigum suggests that while CoreWeave's stock may not see significant upside in the short term due to its rapid rise, it is unlikely to experience major downside risks [8][9] - The current trading environment shows a higher call skew compared to put skew, suggesting that speculative upside may be overextended [10]

Core Viewpoint - Nvidia and OpenAI have formed a $100 billion partnership, which is expected to significantly impact the cloud computing industry and create substantial new business opportunities [1] Company Summary - An analyst has upgraded CoreWeave's stock to a buy rating, indicating confidence in the company's potential to benefit from the growing demand in the neocloud sector [1]

Nvidia's latest deals signal continued demand for CoreWeave's services. ...

Upgrades - Jefferies upgraded Onto Innovation (ONTO) to Buy from Hold with a price target of $170, up from $100, citing expected growth reacceleration in the second half of 2026 [2] - Bernstein upgraded United Rentals (URI) to Outperform from Market Perform with a price target of $1,128, up from $885, indicating a 20% upside from current levels, viewing it as a cyclical rebound and portfolio transition story [2] - Guggenheim upgraded Johnson & Johnson (JNJ) to Buy from Neutral with a price target of $206, up from $167, expressing confidence in the company's navigation of Stelara's loss of exclusivity and anticipating growth from its Innovative Medicine business [3] - Wells Fargo upgraded Omnicom (OMC) to Overweight from Equal Weight with a price target of $91, up from $78, highlighting compelling upside potential near the close of the Interpublic Group merger [4] - Wells Fargo also upgraded CoreWeave (CRWV) to Overweight from Equal Weight with a price target of $170, up from $105, noting the company's positioning to benefit from elevated build cycles and hyperscaler industry shortages into 2026 [5] - Melius Research upgraded CoreWeave to Buy from Hold with a price target of $165, up from $128 [5] Downgrades - Baird downgraded Lululemon (LULU) to Neutral from Outperform with a price target of $195, down from $225, due to low near-term confidence in growth and margin trajectory [6] - KeyBanc downgraded Lam Research (LRCX) to Sector Weight from Overweight without a price target, believing strong memory pricing may take time to drive new tool demand [6] - Citizens JMP downgraded CyberArk (CYBR) to Market Perform from Outperform without a price target, citing the pending acquisition by Palo Alto Networks and not anticipating a superior proposal [6] - Seaport Research downgraded Oklo (OKLO) to Neutral from Buy without a price target, acknowledging positives in business development but stepping aside based on valuation [6] - Jefferies downgraded Vistra (VST) to Hold from Buy with a price target of $230, down from $241, following a 160% stock run-up attributed to expectations of a Comanche Peak nuclear deal [6]

Core Insights - The article highlights Uttam's focus on growth-oriented investment analysis, particularly in the technology sector, including semiconductors, artificial intelligence, and cloud software [1] - Uttam has a background in leading teams at major technology firms like Apple and Google, which adds credibility to his research [1] - The Pragmatic Optimist Newsletter, co-authored by Uttam and Amrita Roy, is recognized by leading publications, indicating its influence in the investment community [1] Sector Focus - Key sectors of research include semiconductors, artificial intelligence, cloud software, MedTech, Defense Tech, and Renewable Energy [1] - The technology sector is emphasized as a primary area of investment analysis, reflecting its growth potential [1] Publication and Influence - The newsletter authored by Uttam and Amrita Roy is frequently cited by prominent publications such as the Wall Street Journal and Forbes, showcasing its relevance and authority in the field [1]

Analyst Upgrades and Price Target Changes - Citigroup analyst Paul Diamond upgraded Antero Resources Corporation (AR) from Neutral to Buy, raising the price target from $37 to $39, with shares closing at $32.58 [6] - Wells Fargo analyst Michael Turrin upgraded CoreWeave, Inc. (CRWV) from Equal-Weight to Overweight, increasing the price target from $105 to $170, with shares closing at $133.23 [6] - Guggenheim analyst Vamil Divan upgraded Johnson & Johnson (JNJ) from Neutral to Buy, raising the price target from $167 to $206, with shares closing at $174.21 [6] - Deutsche Bank analyst Niall Alexander upgraded Alvotech (ALVO) from Hold to Buy, announcing a price target of $14, with shares closing at $8.01 [6] - BMO Capital analyst Jack Matten upgraded Primerica, Inc. (PRI) from Market Perform to Outperform, increasing the price target from $292 to $318, with shares closing at $272.28 [6]