{"id":136871,"date":"2025-08-11T12:02:12","date_gmt":"2025-08-11T12:02:12","guid":{"rendered":"https:\/\/www.europesays.com\/us\/136871\/"},"modified":"2025-08-11T12:02:12","modified_gmt":"2025-08-11T12:02:12","slug":"jpmorgan-raises-price-target-on-coreweave-heading-into-earnings-says-ai-ramp-is-intact","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/136871\/","title":{"rendered":"JPMorgan raises price target on CoreWeave heading into earnings, says AI ramp is \u2018intact\u2019"},"content":{"rendered":"<p>JPMorgan is staying bullish on CoreWeave in the leadup to its quarterly results Tuesday after the bell. Analyst Mark Murphy raised his price target on the cloud computing stock to $135 from $66, implying more than 4% upside from Friday&#8217;s close, and maintained his overweight rating. Murphy said he&#8217;s &#8220;cautiously optimistic&#8221; on the long-term prospects of the company, especially after it secured a five-year deal with OpenAI back earlier this year for artificial intelligence data centers at $11.9 billion. &#8220;Our sense is that CoreWeave&#8217;s opportunities are going to get bigger and lumpier, likely to the surprise of investors, though we are not making a specific call on the upcoming Q2 results as it is likely a futile exercise to speculate on the closing of specific deals and investors should in fact expect extreme lumpiness in CoreWeave&#8217;s pattern of large bookings,&#8221; the analyst wrote in a note dated Sunday. While Murphy thinks CoreWeave&#8217;s long-term AI ramp is &#8220;clear&#8221; and &#8220;intact,&#8221; he said the timing between its large bookings and buildouts remain an overhang on a quarterly basis. That could create &#8220;ongoing extreme volatility in CRWV shares,&#8221; he said. CRWV 3M mountain CRWV, 3-month Still, the analyst is optimistic about the trajectory of the company&#8217;s business pipeline, which could ultimately lead to growth in the long run. &#8220;Although timing and lumpiness still give us pause and create extreme volatility, we are positive on the potential for continued momentum in CoreWeave&#8217;s business pipeline, and our field work suggests long-range potential for binary-outcome transactions which are very difficult to handicap and, if successful, can drive a very surprising magnitude of outsized growth and outsized debt financing with short-term cash burn,&#8221; Murphy said. Murphy is in the minority of analysts covering the stock, as 16 out of 24 in total have stepped to the sidelines with a hold rating, per LSEG. Its roughly $100 consensus target also implies more than 22% downside. The stock was almost 3% higher in premarket trading Monday. Shares have soared more than 152% in the past three months but only about 3% in the last month.<\/p>\n","protected":false},"excerpt":{"rendered":"JPMorgan is staying bullish on CoreWeave in the leadup to its quarterly results Tuesday after the bell. Analyst&hellip;\n","protected":false},"author":3,"featured_media":136872,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[691,738,81,17100,3346,16209,134,158,67,132,68],"class_list":{"0":"post-136871","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-business-news","11":"tag-coreweave-inc","12":"tag-investment-strategy","13":"tag-jpmorgan-chase-co","14":"tag-stock-markets","15":"tag-technology","16":"tag-united-states","17":"tag-unitedstates","18":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115010033741478947","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/136871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=136871"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/136871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/136872"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=136871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=136871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=136871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}