Wolfe Research reiterated its Outperform rating and $150 price target for CoreWeave. The firm projects the company will exit fiscal 2026 with a backlog exceeding $135 billion. Current capacity plans suggest potential upside for fiscal 2027 revenue targets. The second quarter of fiscal 2026 is expected to mark the largest period for active power additions.
Analysts suggest recent stock pressure following reports of Meta’s potential cloud entry is overblown. Rosenblatt maintained its Buy rating and $250 price target, characterizing the recent selloff as a buying opportunity.
Institutional interest remains strong as Janney Montgomery Scott LLC more than doubled its stake during the first quarter. A July 6, 2026, filing confirmed the increased position in the AI infrastructure provider.