{"id":469464,"date":"2026-05-05T12:15:12","date_gmt":"2026-05-05T12:15:12","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/469464\/"},"modified":"2026-05-05T12:15:12","modified_gmt":"2026-05-05T12:15:12","slug":"this-ai-play-gets-two-price-target-increases-ahead-of-earnings","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/469464\/","title":{"rendered":"This AI play gets two price target increases ahead of earnings"},"content":{"rendered":"<p>CoreWeave still looks attractive despite its recent rally, particularly as the company prepares to update investors on its pipeline of multibillion-dollar deals with its first-quarter earnings report later this week, according to two firms on Wall Street. Bank of America, which has a buy rating on the cloud-computing name, raised its price objective on shares to $140 from $120. That new target suggests nearly 12% upside from Monday&#8217;s close. Jefferies also raised its price target on shares to $160 from $120, implying 28% upside from their closing price on Monday. The firm also has a buy rating on the stock. &#8220;CRWV is set for a major [remaining performance obligation] step-up after announcing 3 deals in [April],&#8221; Jefferies analyst Brent Thill said in a note, referring to the company&#8217;s deals with Meta, Anthropic and Jane Street announced last month. &#8220;Consistent execution on [revenue], [margins] &amp; active power is key to restoring [long-term] conviction in targets. Our checks reinforce unrelenting AI compute demand &amp; CRWV&#8217;s edge in hosting increasingly complex workloads,&#8221; he added. CRWV YTD mountain CRWV year to date Shares have jumped 75% in the year to date as hyperscalers seek out cloud-computing services for their artificial intelligence-focused data centers. Amid the surge, CoreWeave has built up a pipeline of commitments worth more than $95 billion, which includes a $21 billion agreement with Meta and a $6 billion deal with Jane Street signed in April. It also signed a deal with Anthropic last month, although the terms of the agreement are not public. Those investments into AI infrastructure should boost shares of CoreWeave, if a series of planned data centers are built according to schedule, per Bank of America. &#8220;Investors are increasingly focused on how efficiently this investment in capacity is converted into recognized revenue, particularly as RPO reached $60.7bn last quarter and incremental customer commitments were announced throughout the quarter,&#8221; Bank of America analyst Tal Liani said Tuesday in a note to clients. &#8220;As such, timely buildout execution and power availability remain critical, as any delays could shift the timing of revenue recognition.&#8221; Investors will look for signs that the company is making progress toward those initiatives when CoreWeave releases its first-quarter earnings report Thursday after the bell. The analysts&#8217; calls fall in line with consensus on the Street. Of the 36 analysts covering the stock, 28 have a buy or strong buy on shares, LSEG data shows.<\/p>\n","protected":false},"excerpt":{"rendered":"CoreWeave still looks attractive despite its recent rally, particularly as the company prepares to update investors on its&hellip;\n","protected":false},"author":2,"featured_media":401501,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[261],"tags":[291,289,290,207,4128,18,19,204,17,5763,205,82],"class_list":{"0":"post-469464","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-business-news","12":"tag-coreweave-inc","13":"tag-eire","14":"tag-ie","15":"tag-investment-strategy","16":"tag-ireland","17":"tag-meta-platforms-inc","18":"tag-stock-markets","19":"tag-technology"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116521921902120903","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/469464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=469464"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/469464\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/401501"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=469464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=469464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=469464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}