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Here’s What Analysts Think About ​CoreWeave (CRWV)

​CoreWeave, Inc. (NASDAQ:CRWV) is one of the Best Up and Coming Tech Stocks to Buy. The stock has been on a downward trajectory despite an earnings beat on November 10. The main reason behind the falling share price is the delay from third-party data center partners, which the CEO, Michael Intrator, anticipates to be resolved by fiscal Q1 2026.

​On November 11, David Nicholson, chief research officer at Futurum, and Mike Maloney, CEO at Incyt, appeared on the Schwab Network to discuss their outlook on CoreWeave, Inc.’s (NASDAQ:CRWV) earnings and future prospects. Maloney noted that apart from the huge $55.6 billion backlog of the company, the more important aspect is the company’s growth potential. He highlighted that the company grew by 120 MW during the third quarter and has the potential to further grow by at least 3 GW, which will allow CoreWeave, Inc. (NASDAQ:CRWV) to fulfill its backlog.

​Moreover, Maloney added that the current growth trajectory of the company suggests it can add around $1 billion to $2 billion every half year with the expected power growth. Maloney believes that this should allow CoreWeave, Inc. (NASDAQ:CRWV) to easily pay back the $9 billion of debt it is looking to take on for further growth. He believes that debt is the fastest way for CoreWeave to grow, and therefore, Maloney remains bullish on the stock for the long term. Overall, analysts’ average price target suggests more than 112% upside for the stock.

CoreWeave (NASDAQ:CRWV) is a hyperscale cloud and AI data center company specializing in GPU‑accelerated workloads for artificial intelligence, machine learning, and high‑performance computing.

While we acknowledge the potential of CRWV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRWV and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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