CoreWeave Inc. (NASDAQ:CRWV) saw a 14.7% increase in share prices on Monday, reaching $91.30 per share during intra-day trading due to growing confidence in the AI industry. The stock closed 12.22% higher at $89.93 per share. Goldman Sachs issued a neutral rating with a $86 price target for CRWV, citing its competitive advantage in the AI computing industry.

Goldman Sachs predicts CoreWeave Inc. (NASDAQ:CRWV) will secure large contracts and maintain speed and reliability to drive more deals. DA Davidson also upgraded CRWV to a neutral rating, highlighting potential in light of OpenAI’s $100 billion fundraising. DA Davidson set a price target of $68 for the stock.

While CRWV shows investment potential, Insider Monkey suggests other AI stocks may offer higher returns with less risk. For more investment options, check out their reports on stocks that could double in 3 years and hidden AI stocks to buy now. No disclosures were made in the article.

Read more at Yahoo Finance: CoreWeave (CRWV) Soars 14.7% on AI Optimism