JPMorgan analyst Mark Murphy doubled his price target on CoreWeave Inc. to $135 from $66, maintaining an Overweight rating ahead of the cloud-computing company’s forthcoming earnings report. Murphy said CoreWeave’s exposure to rapidly expanding artificial-intelligence workloads and its differentiated infrastructure offerings support a materially higher valuation, although he cautioned that the firm’s elevated debt from heavy capital spending remains a key risk. The revision represents a 104% increase and follows a 5% rise in CoreWeave’s shares to $129.55 in morning trading. Citi reiterated its Buy recommendation and kept a $160 price target, arguing growth could accelerate into 2026 as demand for specialized AI services broadens.
JPMorgan’s Mark Murphy doubled his price target on CoreWeave $CRWV to $135 from $66, keeping an Overweight rating. He points to strong growth, big AI market opportunities, and differentiated solutions, though notes high debt from heavy capex as a risk.
JPMorgan raises price target on CoreWeave heading into earnings, says AI ramp is ‘intact’ https://t.co/kEfySNrOwb
$CRWVB 129.55 up 5 .Citi reiterates a bullish view on CoreWeave shares into the earnings report, seeing potential for growth to accelerate into 2026. It keeps a Buy rating on the shares with a $160 price target.