From Yahoo Finance: 2025-05-28 13:10:00

Barclays analyst downgraded CoreWeave Inc. (CRWV) from Overweight to Equal Weight but raised price target to $100 after 157% stock rally since IPO priced at $40 per share in March 2025. Despite downgrade, shares surged 13% to $116.95. CoreWeave reported 420% YoY revenue growth in Q1 2025, reaching $981 million.

Barclays acknowledges CoreWeave’s role in GenAI world, citing strategic partnerships with Nvidia and major clients like OpenAI and Microsoft. Company projects Q2 sales of $1.06 to $1.1 billion. Cloud platform supports GenAI compute workloads for enterprises. Barclays cautious about stock valuation sustainability without continued performance.

Barclays emphasizes the potential for CRWV to grow but suggests other AI stocks may offer higher returns with limited downside risk. Article promotes a report on a “cheapest AI stock” with 100x upside potential. No financial disclosures provided.



Read more at Yahoo Finance: Barclays Downgrades CoreWeave (CRWV) to Equal Weight, Lifts PT