Truist Raises Its Price Target on CoreWeave, Inc. (CRWV) to $85 and Maintains a Hold Rating

CoreWeave, Inc. (NASDAQ:CRWV) is among the 10 Fastest Growing NASDAQ Stocks to Buy.

Truist Raises Its Price Target on CoreWeave, Inc. (CRWV) to $85 and Maintains a Hold Rating

On February 27, 2026, Truist analyst Arvind Ramnani raised the price target on CoreWeave, Inc. (NASDAQ:CRWV) to $85 from $84 and maintained a Hold rating following Q4 results. The analyst said demand continues to significantly outpace supply but questioned “at what cost this will come,” adding there are more questions about the path to long-term sustainable profitability.

That same day, DA Davidson raised its price target to $125 from $110 and kept a Buy rating. The firm cited strong Q4 earnings driven by continued demand for AI compute and noted management’s forecast for 2026 capex in the $30B-$35B range compared to $14.9B in 2025. DA Davidson said that in a market where bringing capacity online is a key measure of success, capital expenditures and active power guidance serve as indicators of future performance.

On February 26, 2026, CoreWeave reported Q4 EPS of (89c), compared to the (68c) consensus estimate. Q4 revenue was $1.57B versus consensus of $1.53B. Chairman and Chief Executive Officer Michael Intrator said 2025 was “a defining year” as the company became “the fastest cloud in history to reach $5 billion in annual revenue,” adding that demand continues to intensify, and the company is ready to capture the opportunity ahead. Chief Financial Officer Nitin Agrawal said revenue backlog grew to $66.8 billion, “more than four times” where it began the year, providing visibility as the company scales into 2026 and beyond, and stated that CoreWeave is “well positioned for sustained hypergrowth.”

CoreWeave, Inc. (NASDAQ:CRWV) operates a cloud platform providing scaling, support, and acceleration for GenAI and builds infrastructure to support enterprise compute workloads.

While we acknowledge the potential of CRWV as an investment, 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 a 100x upside potential, check out our report about the cheapest AI stock.

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