Overview

• Brad Zelnick of Deutsche Bank placed a short-term “Catalyst Call: Buy” on CoreWeave on September 15 while keeping a long-term Hold rating.
• The research note says AI infrastructure demand appears almost insatiable and is likely to outstrip supply in the near to medium term.
• Deutsche Bank highlights meaningful powered shell capacity set to come online over the next 12 to 18 months that is not yet contracted.
• Near-term potential drivers include CoreWeave’s upcoming Q3 report, possible new customer agreements, and incremental datacenter capacity.
• The firm says “positive factors” could support higher revenue estimates for the next quarter or two for CoreWeave, which trades on Nasdaq as CRWV.