CoreWeave Stock Upgrade: H.C. Wainwright Analyst Upgrades to Buy with $180 Price Target

CoreWeave (CRWV) stock has dropped since Q2 results, but H.C. Wainwright analyst Kevin Dede upgraded it to Buy with a $180 price target, citing strong fundamentals and long-term potential in cloud and AI infrastructure. The analyst highlighted updated FY25 revenue guidance, partnerships with Nvidia, and a low valuation compared to sales and earnings. Wall Street is sidelined on CRWV stock with a Hold consensus rating and an average price target of $116.45.

CoreWeave (CRWV) stock has seen significant volatility since the company's Q2 2025 earnings release. The stock, which had climbed to $187 before entering a correction, has since plummeted approximately 50% from its highs, currently trading at $91.52 [2]. Despite the stock's decline, H.C. Wainwright analyst Kevin Dede has upgraded CoreWeave to a Buy rating with a $180 price target, highlighting strong fundamentals and long-term potential in cloud and AI infrastructure [3].

The analyst cited updated FY25 revenue guidance, strategic partnerships with Nvidia, and a low valuation compared to sales and earnings as key reasons for the upgrade. CoreWeave's revenue for the quarter reached $1.21 billion, surpassing estimates of $1.08 billion [2]. The company also reported earnings per share of -$0.27, beating estimates of -$0.32 by 15.62% [2]. However, CoreWeave continues to report significant losses, with net income of -$290.51 million for the last quarter [2].

The upgrade comes amid mixed analyst sentiment, with price targets ranging from a low of $32.00 to a high of $180.00 [2]. Wall Street is currently sidelined on CoreWeave stock, with a Hold consensus rating and an average price target of $116.45 [2]. The company's high debt-to-equity ratio of 381.14x and negative earnings raise concerns about financial sustainability [2].

Nvidia's increased stake in CoreWeave, valued at nearly $4 billion as of June 30, 2025, underscores the strategic importance of CoreWeave in the AI ecosystem. The chipmaker's investment portfolio highlights exposure to several AI-adjacent firms, including Arm Holdings, Applied Digital, and Nebius, indicating a broader network of companies creating demand for AI infrastructure [4].

CoreWeave's recent partnership with Nvidia, along with its focus on providing GPU-accelerated infrastructure for AI workloads, positions it as a critical player in the AI infrastructure market. The company's long-term potential in cloud and AI infrastructure, coupled with its strategic partnerships, may attract investors despite the current volatility.

References:
[1] https://seekingalpha.com/article/4815603-coreweave-still-neutral-after-q2-results
[2] https://paginasiete.bo/coreweave-stock-price-crwv-down-50-from-highs-receives-analyst-upgrade-amid-insider-selling-wave-crwv-stock-price/
[3] https://www.benzinga.com/analyst-stock-ratings/upgrades/25/08/47256535/this-coreweave-analyst-turns-bullish-here-are-top-3-upgrades-for-thursday
[4] https://www.thestreet.com/technology/nvidia-quietly-boosts-its-bet-on-an-ai-infrastructure-favorite