CoreWeave (CRWV) Price Target Reaffirmed After $6.3 Billion NVIDIA Agreement

Core Insights - CoreWeave Inc. (NASDAQ:CRWV) is identified as one of the top AI stocks to consider for investment, with Cantor Fitzgerald maintaining an Overweight rating and a price target of $116 [1] - A new agreement with NVIDIA, valued at $6.3 billion, allows NVIDIA to access CoreWeave's unsold cloud computing capacity until April 13, 2032 [2] - This agreement is expected to increase CoreWeave's backlog by 21%, rising from $30.1 billion at the end of Q2 2025 [2] Company Overview - CoreWeave operates a cloud platform designed to scale, support, and accelerate Generative AI, providing the necessary infrastructure for computational workloads in various companies [3]