CRWV is trading 5.1% up today at $106.46 following a bullish analyst coverage initiation and industry tailwinds from Nvidia's earnings report.
- GF Securities initiated coverage on CoreWeave with a Buy rating and a $162 price target, calling the company a long-term winner in the AI infrastructure boom.
- Sentiment was further bolstered by comments from Nvidia's CFO Colette Kress, who disclosed that H100 rental rates are up 20% year-to-date, signaling strong demand and pricing power for neocloud providers.