CoreWeave Rallies After Analyst Price Target Hikes and New Customer News

CoreWeave shares rose on Monday after four Wall Street analysts lifted their price targets for the company. The move came after a strong run of news last week, including the announcement that Anthropic became a customer.
Investor interest in CoreWeave has stayed high since its March 2025 initial public offering. Since going public, the stock has climbed more than 175%, helped by growing demand for access to computing power used in artificial intelligence.
One recent report also highlighted CoreWeave as a company benefiting from the data center boom, pointing to multi-year customer deals and a large backlog as signs of future revenue visibility. The company has also been linked to recent deals with Meta and Anthropic.

Four Wall Street analysts raised their price targets, which helped lift the stock.

CoreWeave announced that Anthropic became a customer.

The stock has gained more than 175% since its March 2025 IPO.

The company provides computing power that is in high demand for AI, and it has announced large customer deals and a sizable backlog.

The Motley Fool

Four different Wall Street analysts raised their price targets on CoreWeave today. The upgrades follow a spate of good news last week, including the landing on Anthropic as a customer.

The Motley Fool

CoreWeave launched its IPO in March 2025, and since that time, the stock has gained more than 175%. The company offers customers access to compute, something in great demand today.

Seeking Alpha

CoreWeave (CRWV) is initiated at Buy, leveraging AI-driven demand and multi-year, recurring revenue deals to underpin a robust long-term growth thesis. CRWV targets $17–$19B ARR by FY26 and over $30B by FY27, with 25–30% adjusted operating margins and a $66.8B backlog supporting visibility. Recent m...

The Motley Fool

CoreWeave sits at the foundation of the AI trend, not just at the surface. The company's upside potential is real, but so are the risks.

Fast Company

CoreWeave is having a very eventful week, and its stock price reflects it.

Seeking Alpha

CoreWeave is delivering hypergrowth, with 2025 revenue up 168% and a 342% YoY backlog surge to $66.8 billion. The company's long-term 'take or pay' contracts and NVIDIA's capacity backstop provide visibility and reduce liquidity risk despite heavy CapEx and a high D/E ratio. NVIDIA's $2 billion inve...

The Motley Fool

The various deals have Nvidia deeply intertwined into CoreWeave's future. CoreWeave has attracted the interest of five other essential cloud customers.

Seeking Alpha

CoreWeave is rated a "Buy," with a $157 price target and 42% upside, driven by robust AI demand and long-term hyperscaler agreements. CRWV expects revenues of $12–$13 billion in 2026 and CapEx of $30–$35 billion, with margins pressured during rapid scaling but maturing to 20%–30%. Operating cash flo...

Zacks Investment Research

Several stocks have been seeing increased interest lately, with CoreWeave CRWV nearly at the top of the list following a favorable multi-year deal with Anthropic and an extended agreement with Meta Platforms META. Shares have benefited significantly as a result, with the AI frenzy continuing to shap...

The Motley Fool

CoreWeave's revenue is surging, powered by long-term deals with major artificial intelligence (AI) players. Its reliance on third-party builders creates execution risk that other data center companies don't have.

Business Wire

LIVINGSTON, N.J. & NEW YORK--(BUSINESS WIRE)--CoreWeave, Inc. (Nasdaq: CRWV), the Essential Cloud for AI™, and Jane Street, a global technology-driven trading firm, today announced that Jane Street has committed approximately $6 billion to use CoreWeave's AI cloud platform. Under the new commitment...

WSJ

Jane Street invested $1 billion in CoreWeave and signed a $6 billion deal with the cloud computing company to use its AI cloud platform.

Reuters

Trading firm Jane Street has committed about $6 billion for CoreWeave's cloud services, marking the third multi-billion-dollar deal ‌for the Nvidia-backed neocloud company in a week and underscoring surging demand for computing capacity as AI use rises.

24/7 Wall Street

CoreWeave (CRWV) announced a $7 billion commitment from Jane Street ($6 billion in cloud services plus $1 billion equity investment at $109 per share), marking its third major deal in April alongside $21 billion from Meta and a multibillion-dollar agreement from Anthropic.

Proactive Investors

CoreWeave (NASDAQ:CRWV) and global trading firm Jane Street announced a multi-year agreement under which Jane Street will commit approximately $6 billion to CoreWeave's AI cloud infrastructure, alongside a separate $1 billion equity investment in the company. The expanded partnership will give Jane...

Market Watch

The arrangement shows that computing is increasingly relevant to the financial sector.

The Motley Fool

CoreWeave just expanded its contract with Meta Platforms. It is sitting on a huge revenue backlog that should ensure years of solid growth.

Invezz

CoreWeave stock price has staged a strong comeback this week, pushing it to its highest point since November last year, and this trend may continue in the foreseeable future as its business momentum accelerates. CRWV jumped to $120, up by over 80% from its lowest level this year.

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