GF Securities maintains CoreWeave's Buy rating, with a target price of $172.
50 minutes ago
GF Securities' overseas investment research arm has released a review of CoreWeave's Q2 2026 financial report, retaining a Buy rating and a $172 price target. Analysts are bullish on CoreWeave due to factors including strong demand for AI infrastructure, a 25% across-the-board price hike, a massive $129 billion order backlog providing high revenue visibility, a new financing structure supporting shorter contracts, and operating costs that are 47% lower than traditional cloud giants. The firm projects CoreWeave's 2026-2028 revenues to reach $12.7 billion, $27.3 billion, and $41.8 billion respectively, with EBITDA of $7.5 billion, $15.6 billion, and $21.2 billion over the same period.
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