Cantor Fitzgerald reiterated its Overweight rating on CoreWeave and set a $176.00 price target, implying significant upside from the stock’s current trading price. The analyst note said demand for CoreWeave’s capacity reportedly exceeds supply by a factor of 10.
Recent product announcements also support the bullish outlook. CoreWeave launched the NVIDIA Vera CPU and its Forge platform, which are seen as strengthening its position in the AI cloud market.
The company is positioning itself as an infrastructure provider for the next phase of AI, with a focus on agentic AI, reinforcement learning and complex inference workloads. The stock has reacted positively to these developments.