5 Best Momentum Stocks to Buy According to Analysts

In this article, we will list the 5 Best Momentum Stocks to Buy According to Analysts. Please visit 10 Best Momentum Stocks to Buy According to Analysts if you would like to see the extended list and the methodology behind it.

5. CoreWeave, Inc. (NASDAQ:CRWV)

Analyst Upside: 32.71%

CoreWeave, Inc. (NASDAQ:CRWV) is one of the best momentum stocks to buy according to analysts. Citi lifted the price target on CoreWeave, Inc. (NASDAQ:CRWV) to $158 from $155 on May 14, maintaining a Buy rating on the shares. CoreWeave, Inc. (NASDAQ:CRWV) also received a rating update from DA Davidson on May 18. The company was downgraded to Neutral from Buy, with the firm bringing the price target on the stock down to $100 from $175 after assuming coverage of the name. DA Davidson told investors that it is“optimistic” on the outlook for compute, and believes that CoreWeave, Inc. (NASDAQ:CRWV) has made itself a key participant. However, the firm is also “skeptical” of the company’s ability to generate sufficient returns, given its margin profile and high dependence on debt financing.

In a separate development, CoreWeave, Inc. (NASDAQ:CRWV) announced on May 14 CoreWeave Sandboxes, which is an execution layer that offers AI researchers and platform teams isolated and secure environments to run agent tool use, reinforcement learning, and model evaluation. The company stated that the offering is available on a customer’s own CoreWeave infrastructure or as a serverless runtime through Weights & Biases (W&B).

CoreWeave, Inc. (NASDAQ:CRWV) is a cloud infrastructure technology company that offers the CoreWeave Cloud Platform, an integrated solution purpose-built for running AI workloads such as model training and inference.