CoreWeave (CRWV) Draws Bullish Call as Cantor Sees Upside From Blackwell GPUs

Core View - CoreWeave, Inc. (NASDAQ:CRWV) is being closely monitored by analysts as a significant player in the AI sector, with Cantor Fitzgerald maintaining an Overweight rating and a price target of $131.00, citing long-term growth potential from Blackwell GPU adoption and a favorable valuation compared to peers [1][4]. Revenue Estimates - Cantor Fitzgerald has adjusted its revenue estimates, shifting some revenue from Q4 2025 and Q1 2026 to Q2 2026 due to potential delays, while keeping overall projections for 2026 and 2027 relatively unchanged and slightly above consensus estimates [2]. Market Position and Demand - The company is well-positioned to benefit from the increasing demand for AI infrastructure and next-generation GPUs, with a significant portion of its fleet already utilizing Blackwell GPUs, expected to grow through 2026 and 2027 [3][4]. Valuation Metrics - CoreWeave shares are currently trading at approximately 3x C27, compared to Oracle at 6x and Microsoft at 9x, indicating a substantial discount in valuation. The EV/R/G ratio for CRWV shares stands at 0.05x C27, significantly lower than the infrastructure software average of 0.40x [4]. Future Revenue Potential - The company is projected to have a revenue run rate opportunity exceeding $30 billion for C28, with an anticipated revenue CAGR of over 80% from C25 to C28, supported by the full activation of its contracted 2.9 GW capacity [4].