UBS analyst Karl Keirstead pointed out in Friday's research report that even if the credit market is tightened, CoreWeave can reduce demand for external debt financing through private equity, supplier financing, or selling a larger share. He used Nebius's US$3.5 billion credit line last week as an example to show that new cloud operators still have opportunities to obtain capital, and pointed out that the latest technology industry earnings report shows no signs of slowing down in AI investment. At the same time, he also acknowledged that it may take several quarters to rebuild investor confidence, and CoreWeave's stock price may still consolidate or weaken in the short term. The bank maintained a “buy” rating for CoreWeave, but lowered the target price from $120 to $105 on the grounds that the company's fundamentals have not deteriorated substantially, and the long-term view is still positive.

UBS analyst Karl Keirstead pointed out in Friday's research report that even if the credit market is tightened, CoreWeave can reduce demand for external debt financing through private equity, supplier financing, or selling a larger share. He used Nebius's US$3.5 billion credit line last week as an example to show that new cloud operators still have opportunities to obtain capital, and pointed out that the latest technology industry earnings report shows no signs of slowing down in AI investment. At the same time, he also acknowledged that it may take several quarters to rebuild investor confidence, and CoreWeave's stock price may still consolidate or weaken in the short term. The bank maintained a “buy” rating for CoreWeave, but lowered the target price from $120 to $105 on the grounds that the company's fundamentals have not deteriorated substantially, and the long-term view is still positive.