CoreWeave, Inc (NASDAQ:CRWV) traded higher on Tuesday as improving risk appetite and fresh bullish analyst coverage reinforced investor enthusiasm around the accelerating AI infrastructure buildout.

Analysts See Strong Upside From AI Compute Demand

GF Securities initiated coverage on CoreWeave with a Buy rating and a $162 price forecast, citing the company's early GPU deployment advantage, dedicated AI infrastructure focus, and long-term agreements with major hyperscalers.

The firm also said declining financing costs and improving GPU rental pricing could provide additional upside as AI-compute demand continues to expand.

Deutsche Bank Highlights Backlog Growth And AI Expansion

Deutsche Bank reiterated its Buy rating and $135 price forecast, arguing that rising AI infrastructure spending continues driving public-cloud revenue and backlog growth across the industry.

The bank noted that while upfront investments and AI infrastructure services have pressured margins sectorwide, CoreWeave still maintains a 69% gross profit margin despite ongoing losses tied to aggressive expansion efforts.

AI Infrastructure Boom Continues Supporting CoreWeave

CoreWeave operates a cloud infrastructure platform built around NVIDIA Corp (NASDAQ:NVDA) GPUs and AI-focused hardware designed to support large language models, AI training, and inference workloads.

Investors increasingly view the company as a key "pick-and-shovel" provider in the AI boom, as rising demand for high-performance GPU compute continues creating bottlenecks across the broader AI ecosystem. Analysts also see the opportunity expanding beyond hyperscalers into enterprise and sovereign AI deployments.

Earnings & Analyst Outlook

Looking further out, the next major catalyst for the stock arrives with the August 11, 2026 (estimated) earnings report.

  • EPS Estimate: $-1.25 (Down from a loss of 27 cents YoY)
  • Revenue Estimate: $2.56 Billion (Up from $1.21 Billion YoY)

Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $133.84. Recent analyst moves include:

  • DA Davidson: Downgraded to Neutral (Lowers Target to $100.00) (May 18)
  • Citigroup: Buy (Raises Target to $158.00) (May 14)
  • Cantor Fitzgerald: Overweight (Raises Target to $167.00) (May 11)

CRWV Stock Price Activity: CoreWeave shares were up 2.46% at $108.09 at the time of publication on Tuesday, according to Benzinga Pro data.

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