Cantor Fitzgerald Keeps Overweight Rating on CoreWeave (CRWV), $174 PT

Core View - CoreWeave, Inc. (NASDAQ:CRWV) is recognized as one of the best performing NASDAQ stocks according to hedge funds, with a maintained Overweight rating and a price target of $174 by Cantor Fitzgerald [1][2] Financial Highlights - Meta (Facebook's parent company) will pay CoreWeave up to $14.2 billion through 2031 under a new order linked to their existing Master Services Agreement, with potential for further expansion through 2032 [2] - CoreWeave amended its credit agreement, adding a $3.0 billion tranche for equipment and infrastructure spending to support growth initiatives [2] - The company's backlog now stands at $44.3 billion, excluding NVIDIA's unused capacity agreement [2] Business Overview - CoreWeave provides cloud infrastructure optimized for AI, machine learning, and high-performance computing workloads, offering GPU and CPU compute resources, storage, networking, and managed services through its CoreWeave Cloud platform [2] - The company's solutions support AI model training and inference, visual effects and rendering, and large-scale enterprise compute needs [2]