CoreWeave Soars 6.86% on AI Cloud Computing Demand

On May 22, 2025, CoreWeave's stock price surged by 6.86% in pre-market trading, reflecting a strong bullish sentiment among investors.

CoreWeave's stock has been on a remarkable upward trajectory, driven by surging demand for its hyperscale computing services. The company's shares have seen significant gains, with analysts and investors alike taking note of its impressive performance.

Citi Research has more than doubled its 12-month price target for CoreWeave, citing the company's strong fundamentals and growing market presence. This move by Citi has further fueled investor optimism, contributing to the stock's recent rally.

CoreWeave's stock has surged past analyst targets, with the company's shares experiencing a notable increase of 10% in recent trading sessions. This surge has been driven by impressive first-quarter results and the company's strategic partnerships, which have positioned it as a leader in the AI cloud computing space.

The company's stock has also benefited from a $4 billion deal with OpenAI, which has further solidified its position in the market. This deal, along with other strategic initiatives, has contributed to CoreWeave's impressive performance and has left analysts' stock predictions in the dust.