CoreWeave’s $3.13B Volume Surge Propels Stock to 19th in Active Traders as AI Infrastructure and Nvidia Partnership Attract Wall Street

CoreWeave (CRWV) surged 6.06% on August 27, with a trading volume of $3.13 billion—a 112.16% increase from the previous day—ranking 19th among active stocks. The rally followed Cantor Fitzgerald’s initiation of coverage with an Overweight rating and a $116 price target, highlighting the company’s strategic role in AI infrastructure. Analysts emphasized CoreWeave’s focus on large language model training and its potential to capitalize on inference workloads as a growth driver. The firm also underscored its partnership with Nvidia, which supplies critical GPUs and holds a 5.1% stake post-IPO.

Cantor Fitzgerald’s Thomas Blakey noted CoreWeave’s position in a $1 trillion AI infrastructure market, citing Nvidia’s vision for accelerated computing and AI factories. While acknowledging risks tied to rapid growth and customer concentration, Blakey argued the stock’s 128% gain from its IPO price reflects strong secular demand. The firm’s 7x EV/R multiple for 2026, below the sector average, signals undervaluation despite a recent pullback linked to Q2 losses and lock-up expiration.

Wall Street maintains a Moderate Buy consensus on CRWV, with nine Buys, 13 Holds, and two Sells. The average price target of $120.52 implies a 32% upside from current levels. Analysts at Arete Research and H.C. Wainwright have also upgraded the stock recently, reinforcing confidence in its long-term positioning within the AI ecosystem.

To run this back-test accurately, confirm the following assumptions: universe includes U.S. stocks/ETFs on NYSE, NASDAQ, and AMEX; ranking uses daily share volume for top 500 names; trades enter at next-day open and exit same-day close; and parameters span 2022-01-03 to today with unadjusted prices.