DA Davidson has kept a Buy recommendation on CoreWeave (NASDAQ:CRWV), assigning a price objective of $110.00 after the cloud GPU specialist announced an expanded collaboration with NVIDIA and disclosed a $2 billion equity investment by the chipmaker. The target sits about 6% above CoreWeave’s recent share price of $103.75, while analyst forecasts span a wide band from $44 to $208, according to InvestingPro data.
CoreWeave said it will accelerate development to exceed 5 gigawatts of capacity by 2030. That buildout is being backed by NVIDIA’s equity infusion and forms part of a larger partnership intended to help the company keep pace with demand for large-scale AI compute.
DA Davidson framed the expanded relationship as addressing what it called "insatiable demand for compute" in the market. Analyst Alex Platt commented that NVIDIA’s investment and cooperation give CoreWeave the "necessary support to sustainably build their future infrastructure." The firm indicated that the announcement helps to de-risk the company’s ambitious 5 gigawatt expansion plans and therefore supports its constructive stance on the stock.
InvestingPro data referenced in coverage highlights CoreWeave’s recent operating profile: the company’s revenue rose 235% over the past twelve months, reflecting rapid top-line growth, while its balance sheet dynamics show pressure, with short-term obligations exceeding liquid assets.
Other brokerages have shifted their outlooks or reiterated positions since NVIDIA’s financial commitment. Stifel retains a Hold rating on CoreWeave and notes NVIDIA’s strategic interest in data center positioning; NVIDIA now owns approximately 9% of CoreWeave following the transaction. Deutsche Bank upgraded CoreWeave from Hold to Buy, citing an encouraging medium-term outlook and pointing to the expectation that CoreWeave will publish its first full-year guidance for 2026.
Jefferies reiterated a Buy rating and highlighted the partnership with NVIDIA as a way to scale CoreWeave’s AI factories to more than 5 gigawatts by 2030. Jefferies detailed that NVIDIA will assist CoreWeave with land and powered-shell procurement, which the bank said should lower execution risk on the buildout. Freedom Capital Markets also maintained a Buy recommendation and set a $100 price target after NVIDIA took its roughly 9% stake.
Needham analysts expressed optimism about the strategic tie-up as well, emphasizing the potential to expand CoreWeave’s capacity and to mesh the company’s software stack with NVIDIA’s AI infrastructure. Collectively, the analyst commentary underscores a market narrative that the NVIDIA investment and operational cooperation materially alter CoreWeave’s ability to pursue rapid expansion.
At the same time, the company’s rapid growth is paired with short-term liquidity constraints identified in data cited by brokers and analysis services. That tension between fast top-line expansion and near-term balance-sheet pressure remains a central consideration for investors and analysts monitoring execution on the planned multi-gigawatt deployments.
CoreWeave now sits at the intersection of AI infrastructure demand, semiconductor vendor partnerships, and high-capex data center development, and the recent flurry of analyst coverage reflects differing views on how those forces will play out for the company’s valuation and operational risk profile.