Citi doubles CoreWeave, Inc. (CRWV) price target to $94, citing strong AI demand

From Yahoo Finance: 2025-05-23 07:56:00

CoreWeave, Inc. (CRWV) saw its price target more than double from $43.00 to $94.00 by Citi analyst Tyler Radke. This increase follows strong first quarter results and a $4B deal with OpenAI, boosting investor confidence in the company’s high-growth status.

Hyperscalers’ guidance for the second quarter and full-year exceeded expectations, signaling a robust demand for AI data centers. The company’s FY guidance of $5B, up 161% year-over-year, demonstrates confidence in the growing demand for AI data centers and infrastructure.

Ranked 10th on the list of AI stocks making waves, CoreWeave, Inc. (CRWV) shows promise as an investment but may not offer the same potential for high returns as other AI stocks. For those seeking a more promising AI investment with 100x upside potential, consider exploring the report on the cheapest AI stock available.

Read more: Citi Doubles CoreWeave, Inc. (CRWV) Price Target, Cites Soaring AI Demand