UBS has given CoreWeave an initial 'Buy' rating with a $120 price target, suggesting about 40% upside. The bank highlighted strong and durable demand for AI computing power from enterprises and AI labs as key growth drivers. Despite cautious market sentiment and risks like high leverage and customer concentration, UBS believes these are priced in and sees CoreWeave as a reliable player in AI compute hosting. The upgrade signals confidence in AI-focused stocks amid growing industry demand.
CoreWeave's market capitalization stands at $47.85 billion as of September 24, 2026, 01:03 WIB, reflecting its significant presence in the AI compute sector. The stock price on Pluang is $88.01, showing a 1.44% increase over the past day. Trading volume is active at 26,353,529 shares, with a balanced Pluang order activity of 53% Sell and 47% Buy, indicating mixed investor sentiment despite UBS's positive rating and $120 price target.
CoreWeave carries $35.6 billion in debt and has negative free cash flow, but strong demand for its AI computing capacity and pricing power justify continued investment. The company reported a 46% increase in revenue backlog to $104 billion and 112.3%...
OpenAI revealed it achieved roughly $50 billion in annualized revenue by the end of September, which is lower than the $68 billion figure widely reported earlier. The higher figure included gross revenue from OpenAI's partners, making direct comparis...
Shares of CoreWeave, Nebius, and Oracle fell significantly due to concerns about their heavy borrowing to finance AI infrastructure expansion. CoreWeave led the decline with a 7% drop, followed by Nebius down 6% and Oracle down 5%, while broader clou...
CoreWeave, a company renting AI computing power, reported Q2 2026 revenue of $2.58 billion, up 112% year-over-year, with a backlog of $104 billion including major contracts from Meta and others. Despite a high debt-to-equity ratio of 8.94 and rising ...
Nebius stock surged 9% following an AI inference deal with undisclosed terms, highlighting investor confidence in future contracted demand despite its high 197x trailing earnings multiple. The company acquired Inferize, a startup that reduces GPU idl...
