Overview

• CoreWeave shares have more than doubled since its March IPO, closing at $80 following Nvidia's disclosure of a 7% stake.
• The company reported exceptional Q1 2025 results, with revenue growing 420% and adjusted operating income rising 550% year-over-year.
• A new four-year, $4 billion deal with OpenAI further solidifies CoreWeave's position as a leading AI infrastructure provider.
• Analysts have raised price targets, with JP Morgan's Mark Murphy increasing his target by 54% to $66 and maintaining an Overweight rating.
• Technical analysis suggests potential for further stock gains, with a projected upside target of $96.90 based on recent chart patterns.