Group 1 - Loop Capital initiated coverage of CoreWeave (NASDAQ: CRWV) with a Buy rating and a $165 price target, emphasizing the company's strong position among emerging "Neocloud" providers [1] - CoreWeave has established itself as a key partner to Nvidia, hyperscalers, and major AI labs, including frontier model developers, indicating a robust network and collaboration in the industry [1] - Wall Street has yet to fully appreciate the commitment of these groups to advancing innovation as Nvidia's Blackwell platform ramps up and new sovereign markets emerge [1] Group 2 - Loop projected 2027 revenue of $17.9 billion and EBITDA of $12.8 billion, slightly ahead of consensus, indicating strong growth expectations for the company [2] - The valuation of CoreWeave is set at 10x its 2027 EV/EBITDA estimates, reflecting a positive outlook on its financial performance [2] - These forecasts are expected to become increasingly relevant as the company executes on growth plans heading into 2026 [2]

Group 1 - CoreWeave (CRWV.US) experienced an intraday increase of over 6%, reaching a price of $129.39 [1] - Loop Capital has initiated coverage on CoreWeave stock, assigning a buy rating and setting a target price of $165 [1]

Group 1 - U.S. stocks experienced an upward trend, with the Nasdaq Composite increasing by over 100 points on Friday [1] - CoreWeave, Inc. (CRWV) saw a significant rise in shares, jumping 4.8% to $127.15 after Loop Capital initiated coverage with a Buy rating and set a price target of $165 [1] - Quantum Computing Inc. (QUBT) shares surged by 22.5% to $22.47, indicating strong market interest [3] Group 2 - WhiteFiber, Inc. (WYFI) gained 17.6% to $27.53, with Roth Capital analyst maintaining a Buy rating and raising the price target from $25 to $28 [3] - Serve Robotics Inc. (SERV) rose 17% to $15.09, reflecting positive investor sentiment [3] - Aquestive Therapeutics, Inc. (AQST) increased by 16.5% to $5.75 after receiving news from the FDA that an advisory committee meeting is not required for its product [3] Group 3 - PureTech Health plc (PRTC) gained 16.2% to $17.08, showing strong performance in the market [3] - NANO Nuclear Energy Inc. (NNE) rose 15.3% to $44.10, indicating robust investor confidence [3] - Newegg Commerce, Inc. (NEGG) jumped 15% to $53.51, reflecting a positive market reaction [3] Group 4 - Oklo Inc. (OKLO) gained 14.4% to $120.13, continuing a remarkable 60% rally over the past month [3] - NuScale Power Corporation (SMR) rose 12.6% to $42.99, indicating strong market interest [3] - Centrus Energy Corp. (LEU) gained 9.4% to $287.38, reflecting positive investor sentiment [3] Group 5 - Symbotic Inc. (SYM) shares rose 8.5% to $55.59, indicating strong market performance [3] - Rigetti Computing, Inc. (RGTI) gained 8.5% to $26.98 after being awarded a three-year $5.8 million contract from the Air Force Research Laboratory [3] - Barrick Mining Corporation (B) rose 7% to $32.17, with B of A Securities analyst maintaining a Neutral rating and raising the price target from $29 to $34 [3] Group 6 - FedEx Corporation (FDX) gained 2.4% to $231.98 after reporting better-than-expected first-quarter EPS and sales, leading multiple analysts to raise their price targets [3]

Core View - CoreWeave (CRWV) shares surged nearly 8% on September 15 after announcing a $6.3 billion order from Nvidia (NVDA), which includes a commitment to purchase any unsold capacity through April 2032, highlighting the strategic partnership between the two companies [1][3] Financial Performance - CoreWeave reported a revenue increase of 207% year-over-year (YOY) to $1.2 billion in its second-quarter results, exceeding expectations, while its backlog reached $30.1 billion as of June 30 [8] - Despite a negative bottom line, the company is experiencing steady revenue growth, supported by high-profile clients like OpenAI [2] Market Position - CoreWeave, founded in 2017 and headquartered in Livingston, New Jersey, has become a leading provider of GPU-optimized cloud infrastructure for AI training and inference, with a market capitalization of approximately $59 billion [4] - The stock debuted at $40 per share during its March 2025 IPO and peaked at $187 on June 20, driven by strong investor interest in AI opportunities [5] Stock Performance - Following the Nvidia deal, CRWV stock closed at $120.47 per share after a 7.6% increase on September 15, with an overall rise of 8% over the past five days and 25% over the past month [6] - The stock is currently trading at 16.8 times forward sales, indicating a premium compared to its peers [7]

Group 1 - Loop Capital analyst Ananda Baruah initiated coverage on CoreWeave, Inc. (CRWV) with a Buy rating and a price target of $165, while shares closed at $121.39 [6] - BMO Capital analyst Ameet Thakkar initiated coverage on The Williams Companies, Inc. (WMB) with an Outperform rating and a price target of $66, with shares closing at $60.38 [6] - BMO Capital analyst Ameet Thakkar also initiated coverage on Targa Resources Corp. (TRGP) with an Outperform rating and a price target of $185, while shares closed at $170.12 [6] - Barclays analyst William Grippin initiated coverage on Clean Harbors, Inc. (CLH) with an Equal-Weight rating and a price target of $253, with shares closing at $237.14 [6] - Barclays analyst William Grippin initiated coverage on Republic Services, Inc. (RSG) with an Equal-Weight rating and a price target of $240, while shares closed at $226.71 [6]

Core Viewpoint - CoreWeave's valuation has significantly decreased, raising concerns about a key acquisition's viability [1][2] Valuation and Stock Performance - CoreWeave's stock price has fallen approximately 26% in the past three months, attributed to insider selling after the IPO lockup period expired [2] - The stock's valuation has dropped from around $160 at the time of the acquisition announcement to approximately $116 [9] Acquisition Plans - CoreWeave announced plans to acquire Core Scientific in an all-stock deal valued at $9 billion, aimed at improving financial efficiency and eliminating future lease obligations [8] - The declining share price may lead to a renegotiation of the acquisition deal, with Core Scientific's largest shareholder opposing it due to low valuation concerns [9] Financial Health - CoreWeave reported losses of $1.1 billion over the trailing 12 months, despite generating $3.5 billion in sales, indicating a need for improved earnings [10] - The potential loss of the Core Scientific acquisition could further exacerbate investor concerns and lead to additional stock price declines [10] Market Sentiment - High short interest in CoreWeave's stock reflects investor skepticism regarding its growth prospects and long-term success [4][6] - Although short interest has decreased recently, it remains significant, contributing to the stock's volatility [6]

Core Insights - Nvidia has established a strong position in the AI market through its advanced AI chips and partnerships with smaller companies like CoreWeave [1][2] - CoreWeave's stock has increased by approximately 195% since its IPO in March, largely due to its relationship with Nvidia and significant sales growth [2] - Nvidia holds a 7% stake in CoreWeave, which constitutes 91% of Nvidia's investment portfolio [2] Business Overview - Nvidia is recognized as the leader in AI chips, with its GPUs driving record revenue and earnings, resulting in a 1,300% stock increase over the past five years and a market value exceeding $4 trillion [5] - CoreWeave provides access to Nvidia's GPUs through its cloud platform, allowing customers to rent GPUs flexibly, and has seen its sales triple in the latest quarter [6] Recent Developments - Nvidia has signed a $6.3 billion order with CoreWeave, ensuring it will purchase any unused cloud capacity from CoreWeave until April 13, 2032 [7] - This agreement mitigates the risk of CoreWeave being left with excess capacity, providing reassurance to shareholders [8] - The deal indicates Nvidia's confidence in sustained demand for AI infrastructure, aligning with its prediction that AI spending could reach $4 trillion by the end of the decade [9] Investment Implications - The agreement is viewed positively for shareholders of both companies, as it reduces risk for CoreWeave and confirms strong demand for AI from Nvidia [10]

CoreWeave, Inc. (NASDAQ:CRWV) is one of the AI Stocks Making Headlines This Week. On September 16, Citizens JMP upgraded the stock to “Outperform” from Market Perform. The firm believes that investors are not aware enough of how the firm generates its revenue. This is why the stock is misunderstood. Moreover, analyst Greg Miller sees accelerating hyperscale outsourcing in the GPU-as-a-Service (GPUaaS) market. He pointed to Oracle’s $450 million record RPO and Microsoft’s reported $17 billion contract wit ...

Core View - CoreWeave, Inc. (NASDAQ:CRWV) is highlighted as a significant AI stock, with Deutsche Bank Analyst Brad Zelnick issuing a "Catalyst Call: Buy" for short-term investment due to strong AI demand [1][2] Company Capacity and Demand - CoreWeave is expected to have substantial powered shell capacity coming online in the next 12-18 months, although it has not yet signed customer contracts for this capacity [2] - The demand for AI infrastructure is described as "almost insatiable," which is anticipated to exceed supply in the near- to medium-term [2] Revenue and Growth Potential - Positive factors are aligning to support upward revenue estimates for CoreWeave in the upcoming quarters, driven by potential new customer contracts and incremental datacenter capacity [2] - The company's Q3 report is seen as a potential catalyst for stock performance [2] Investment Considerations - While CoreWeave shows potential as an investment, there are other AI stocks that may offer greater upside potential with less downside risk [2]

Core Insights - The rise of artificial intelligence (AI) has significantly impacted the technology sector, with Nvidia emerging as a leader due to its GPUs, which have seen a price increase of over 1,100% since early 2023, alongside a revenue surge of 673% and net income growth of 1,770% [2] - The demand for AI-capable chips has led to a shortage of high-quality GPUs, creating opportunities for companies like CoreWeave, which offers cloud-based AI resources [3] - CoreWeave has strengthened its partnership with Nvidia, which includes Nvidia holding a 5% stake in CoreWeave, valued at over $2.86 billion, and a recent agreement worth $6.3 billion for cloud computing capacity [8][9] Company Performance - CoreWeave reported a revenue of $1.21 billion in the second quarter, a 207% increase year over year, and improved its loss per share to $0.60, a 63% improvement [11] - The company's remaining performance obligation (RPO) rose 86% year over year to $30.1 billion, indicating strong ongoing demand, with a new $4 billion deal with OpenAI in addition to an existing $11.9 billion contract [12] - CoreWeave is investing in data center and server infrastructure to meet unprecedented demand for its services [13] Market Position and Valuation - Following a significant rise in stock price post-IPO, CoreWeave's stock is currently 35% below its peak but still shows a 197% increase overall [14] - The company's valuation has become more attractive, currently selling for 13 times sales, which is considered reasonable for a high-growth company with strong backing and growth potential [15]