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CoreWeave stock targets nearly 91% upside amid strong AI-driven revenue growth and a $104B backlog.

Analyst Insights
02 Oct 2026
24/7 Wall Street
View Source
Bullish
CoreWeave stock targets nearly 91% upside amid strong AI-driven revenue growth and a $104B backlog.

CoreWeave's stock is projected to rise 90.63% to $163.81 over the next 12 months, driven by over 100% annual revenue growth and a massive $104 billion backlog. Despite this, the company faces challenges including GAAP losses, heavy debt with interest expenses rising sharply, and negative free cash flow. The company recently raised full-year revenue guidance to $12.4-$13.2 billion and saw managed inference ARR grow significantly. Analysts remain mostly bullish, but risks include high interest costs and a securities class action related to data center delays. Long-term projections depend on CoreWeave expanding its infrastructure and managing credit conditions.

CoreWeave (CRWV) trades at USD 91.84 on Pluang as of Oct 02, 2026 20:42 WIB, well below its 52-week high of USD 143.08 but significantly above its 52-week low of USD 60.82. The stock gained 3.69% in the last day, contrasting with a majority 67% sell order activity on the platform. This price level highlights the gap between current market sentiment and the aggressive price target mentioned in the news.

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