CoreWeave Inc. plays a key role in the AI ecosystem
CoreWeave Inc. provides computing infrastructure to run AI software.
The company’s shares are down 32% over the past year but up 34% year-to-date.
Analysts have mixed views on the stock, with Bernstein giving an Underperform rating and a $67 target, while Citi has a Buy rating and a $158 target.
DA Davidson downgraded the stock to Neutral and cut the target to $100 from $175, citing concerns over debt financing and margin generation.