Truist Raises Its Price Target on CoreWeave, Inc. (CRWV) to $85 and Maintains a Hold Rating

Core View - CoreWeave, Inc. (NASDAQ:CRWV) is recognized as one of the 10 Fastest Growing NASDAQ Stocks to Buy [1] Financial Performance - For Q4, CoreWeave reported an EPS of (89 cents), which was below the consensus estimate of (68 cents) [4] - Q4 revenue reached $1.57 billion, exceeding the consensus of $1.53 billion [4] - The revenue backlog grew to $66.8 billion, more than four times the amount at the beginning of the year, indicating strong future visibility [4] Analyst Ratings and Price Targets - Truist analyst Arvind Ramnani raised the price target on CoreWeave to $85 from $84 while maintaining a Hold rating, citing that demand significantly outpaces supply but questioning the sustainability of profitability [2] - DA Davidson increased its price target to $125 from $110 and maintained a Buy rating, highlighting strong Q4 earnings driven by AI compute demand and a forecasted capex of $30 billion to $35 billion for 2026, compared to $14.9 billion in 2025 [3] Company Strategy and Market Position - CoreWeave operates a cloud platform that supports scaling, acceleration, and infrastructure for GenAI and enterprise compute workloads [4] - The company’s CEO stated that 2025 was a defining year, marking it as the fastest cloud to reach $5 billion in annual revenue, with an intensifying demand that positions the company for sustained hypergrowth [4]