These Analysts Increase Their Forecasts On CoreWeave

Group 1 - CoreWeave, Inc. announced an expanded collaboration with Nvidia Corporation to build over 5 gigawatts of AI factories by 2030, aiming to enhance global AI adoption [1] - Nvidia invested $2 billion in CoreWeave Class A common stock at a price of $87.20 per share, indicating confidence in CoreWeave's business and growth strategy [2] - CoreWeave plans to utilize Nvidia's accelerated computing platform technology for the AI factories, with Nvidia assisting in the procurement of necessary resources for development [3] Group 2 - Following the announcement, Deutsche Bank analyst upgraded CoreWeave from Hold to Buy, raising the price target from $100 to $140 [4] - Mizuho analyst maintained a Neutral rating on CoreWeave while increasing the price target from $92 to $100 [4]