A Rosenblatt Securities analyst maintained a bullish outlook on CoreWeave (CRWV) and kept a Street-high price target of $250 per share. The stock recently traded at about $54 per share, making the target imply potential upside of approximately 365%.
Shares have fallen more than 57% over the past six months. Investor concerns have focused on CoreWeave’s substantial debt load, despite its large revenue backlog and strong sales growth.