Goldman Sachs Raises CRWV Price Target to $139.00
Goldman Sachs has raised its price target for CoreWeave (CRWV) to $139.00, a 14.88% increase from the previous target of $121.00.
The rating remains Neutral, reflecting a cautious optimism in the company's potential.
CoreWeave operates in the technology sector, providing modern cloud infrastructure solutions that leverage Nvidia GPUs for AI workloads.
The company has a market capitalization of approximately $49.12 billion and is currently unprofitable, with a trailing twelve-month earnings per share (EPS) of -$3.65.
Investors are advised to approach the stock with caution due to significant insider selling, which may raise concerns about the company's future prospects.