Stock Track | CoreWeave Soars 5.14% Intraday After Citi Raises Price Target to $155

Stock Track05-01 22:00

CoreWeave, Inc. (CRWV) saw its stock price surge 5.14% during intraday trading on Friday, marking a significant upward movement.

The sharp rise follows an analyst upgrade from Citi, which raised its price target on CoreWeave to $155 from $126 while maintaining a Buy rating on the shares. The firm cited expectations of rising demand for the company's AI infrastructure services.

CoreWeave has been highlighted as a prominent "secondary" tech stock that is outperforming larger tech giants in 2026, with the company reporting massive revenue growth and a substantial backlog of future business, bolstering investor confidence in its growth trajectory.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment