Truist Securities maintains a Buy rating on CoreWeave. The firm increased its price target from $155 to $165, representing a potential 88% upside.
Analysts believe CoreWeave’s ability to raise prices will more than compensate for rising Nvidia GPU costs. Truist expects these price hikes to bolster profit margins in the second half of 2026.
Higher equipment costs from Nvidia will likely affect systems shipped early next year. This bullish forecast contrasts with market concerns regarding CoreWeave's high debt load and capital-intensive business model.