Evercore ISI Reiterates Outperform on CoreWeave (CRWV) with $175 Price Target

CoreWeave, Inc. (NASDAQ:CRWV) is one of the Trending AI Stocks on Wall Street. On October 8, Evercore ISI analyst Amit Daryanani reiterated an Outperform rating on the stock with a $175.00 price target. The firm is bullish on the stock, calling its profitability model strong based on its durable contracts, Nvidia’s backing, and long-term GPU demand. “We think it is worth revisiting the topic of unit economics for CRWV, especially given investor concerns surrounding profitability/business model following ...