JPMorgan analyst Samik Chatterjee upgraded CoreWeave from Neutral to Overweight, increasing the price target from $120 to $125. With shares trading at approximately $86.90, this adjustment suggests a potential upside of 44%. The bank also revised its revenue and margin forecasts for the company.
CoreWeave reported revenue of $5.13 billion for 2025, marking a 168% year-over-year growth. The company, which went public in March 2025, currently holds a market capitalization of about $47.9 billion. The firm originally operated in Ethereum mining before pivoting its GPU infrastructure to AI cloud services.
In July 2026, the provider increased service prices by 25%. New contracts now yield contribution margins that are 5–10 percentage points higher than previous agreements. Analysts currently maintain a Moderate Buy consensus, with average price targets between $136 and $138, while UBS recently initiated coverage with a $120 target.
