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Cantor Fitzgerald Bullish on CoreWeave, Sees AI Opportunity
30 Aug
Summary
- Cantor Fitzgerald initiates coverage on CoreWeave with Overweight rating
- Analyst cites AI market opportunity and dynamic execution risks
- CoreWeave is a cloud platform provider for AI and computing
On August 27, 2025, Cantor Fitzgerald analyst Thomas Blakey initiated coverage on CoreWeave, Inc. (NASDAQ:CRWV), one of the trending AI stocks on Wall Street. The analyst assigned an Overweight rating to the stock and set a price target of $116.00.
In the report, Cantor Fitzgerald expressed its bullish stance on CoreWeave, citing the company's healthy balance between the significant AI market opportunity and the dynamic execution risks. The firm believes that CoreWeave, as a software-driven AI-focused hyperscaler, should benefit from the secular growth trends in AI, particularly in the areas of large language model (LLM) training and inference-based usage.
Furthermore, the analyst noted that CoreWeave's unique demand and top-line growth setup in the coming years could create longer-term challenges, such as customer concentration, financing, and power-related execution risks. However, the firm remains optimistic about the company's prospects and its ability to navigate these risks.
CoreWeave is a cloud platform provider that offers equipment and services for AI and other computing purposes. The company's focus on enabling AI-driven solutions positions it well to capitalize on the growing demand in this rapidly evolving market.
