Deutsche Bank believes that CoreWeave shares have created buying opportunities for investors after experiencing a sharp sell-off in the past week. The bank maintains a “buy” rating on the stock, with a target price of $150. Analyst Brad Zelnick pointed out that a combination of factors led to this round of stock price declines. He acknowledged that the future of CoreWeave is closely related to the development prospects of artificial intelligence and the demand for computing power infrastructure behind it, so it is reasonable for the stock price to reflect changes in market sentiment. Despite this, he believes that the company's fundamental contract is still strong. The vast majority of order backlogs are linked to long-term contracts, and contract revenue can fully cover related capital expenses and operating costs, and bring reasonable returns to the company.

Zhitongcaijing · 2d ago
Deutsche Bank believes that CoreWeave shares have created buying opportunities for investors after experiencing a sharp sell-off in the past week. The bank maintains a “buy” rating on the stock, with a target price of $150. Analyst Brad Zelnick pointed out that a combination of factors led to this round of stock price declines. He acknowledged that the future of CoreWeave is closely related to the development prospects of artificial intelligence and the demand for computing power infrastructure behind it, so it is reasonable for the stock price to reflect changes in market sentiment. Despite this, he believes that the company's fundamental contract is still strong. The vast majority of order backlogs are linked to long-term contracts, and contract revenue can fully cover related capital expenses and operating costs, and bring reasonable returns to the company.