CoreWeave (CRWV) has been reinstated on the IVES AI 30 list by Wedbush’s Dan Ives, positioning it as a top pick for 2026. The firm provides high-density GPU infrastructure solutions for AI labs, cloud, and enterprises, reflecting the robust AI investment landscape predicted for the year ahead.

With a purposeful focus on high-performance GPU computing, CoreWeave has rapidly grown as a leading independent AI cloud platform. The stock’s volatility is evident, with a 52-week range from $33.51 to $187.00. Recent corrections have seen a 7% increase, aligning with the demand for AI-exposed stocks.

CoreWeave reported a record quarter in Q3 2025, with revenue of $1.36 billion and a strong adjusted EBITDA of $838.1 million. Backlog doubled to $55.6 billion, fueled by key contracts with Meta, OpenAI, and global hyperscalers. The firm’s execution wins and capacity expansions reflect its growth trajectory in the AI infrastructure space.

Analysts maintain a “Strong Buy” consensus on CoreWeave, driven by its robust backlog and strategic partnerships. The mean target price of $131.23 indicates potential upside of 70%, with a Street-high target of $200. The company’s positioning as a cloud AI leader in the multi-trillion-dollar AI infrastructure cycle has garnered investor confidence.

Read more at Yahoo Finance: Dan Ives Is Betting Big on CoreWeave Stock as an AI Winner. Should You Buy CRWV Too?