Overview
- Cantor Fitzgerald reaffirmed Overweight with a $131 target and shifted some expected revenue from Q4 2025–Q1 2026 into Q2 2026, citing potential pushouts and rising Blackwell GPU penetration.
- Truist Securities initiated at Hold with an $84 target, highlighting heavy leverage and capex and noting Microsoft accounted for about 70% of revenue through Q3 2025, with concentration expected to ease next year.
- CoreWeave previously warned that a third‑party data center delay would weigh on fourth‑quarter sales, underscoring execution and timing risk.
- CEO Michael Intrator disclosed roughly $4.7 million in stock sales on Jan. 6 in an SEC Form 4 filing.
- Altimeter’s Brad Gerstner said he added to positions, citing $1.36 billion in Q3 revenue, a $55.6 billion backlog, and Nvidia’s roughly 7% stake plus a capacity purchase commitment of up to $6.3 billion through 2032.