Deutsche Bank just upgraded CoreWeave to buy, with analyst Brad Zelnick lifting his price target to $140 from $100, signaling a 42% upside.
Zelnick said Nvidia’s new $2 billion investment, announced Monday, cements CoreWeave’s long-term position in AI infrastructure and strengthens its technical leadership.
The capital will support CoreWeave’s plan to build out 5 gigawatts of AI factories by 2030, according to both companies. Zelnick called it a move that secures access to critical resources while also deepening CoreWeave’s integration with Nvidia’s future compute architectures.
Zelnick added that CoreWeave’s GPU-level economics remain healthy, and its asset quality supports the upgrade. He acknowledged that while nobody can predict how AI evolves in calendar year 2026, all current signals point to demand continuing to outpace new capacity.
The partnership could also lead to Nvidia incorporating CoreWeave’s SUNK and Mission Control software into its reference designs, opening the door to a high-margin hybrid and multi-cloud software opportunity in the future.
Valuation has pulled back to reasonable levels, Zelnick said, and he’s now bullish heading into CoreWeave’s Q4 2025 results and first-ever full-year guidance for CY26, expected soon.
If CoreWeave delivers on its current buildout plan, Zelnick believes consensus revenue forecasts could rise sharply through the year.
The stock has surged 146% since its March IPO, though it’s still down 46% from its June peak.
Source: https://www.cryptopolitan.com/u-s-dollar-lowest-level-since-march-2022/
