Latest news with #CoreWeave
Yahoo
5 hours ago
- Business
- Yahoo
CoreWeave, Inc. (CRWV): The Short Sellers Were 'Stupid,' Says Jim Cramer
CoreWeave, Inc. (NASDAQ:CRWV) is one of the . CoreWeave, Inc. (NASDAQ:CRWV) has been one of the top-performing stocks this year. Despite the fact that the shares were listed for trading in March, they have gained nearly 300% since then. CoreWeave, Inc. (NASDAQ:CRWV) is a key player in the AI ecosystem as the firm provides infrastructure that allows software companies to run their AI models. Cramer's been a fan of the stock and defended it as reports about a conflict of interest surfaced around its IPO. In this appearance, he explained why he had faith in CoreWeave, Inc. (NASDAQ:CRWV): 'That deal only got done because of NVIDIA. The reason that deal got done at 40 was because NVIDIA came in and just bought a ton. And it was not gonna get done without NVIDIA. In a recent appearance, Cramer discussed CoreWeave, Inc. (NASDAQ:CRWV)'s share price performance: 'Look can I just say that these are some of the most bullish things I've seen in my career? That CoreWeave could have been priced at 40 and it went to 178. That this Circle just keeps being bought, that Palantir keeps being bought. That a Broadom is going, that Goldman is going. . .' While we acknowledge the potential of CRWV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
19 hours ago
- Business
- Business Insider
BBAI vs. CRWV vs. APP: Which Growth Stock Is the Best Pick, According to Wall Street Analysts?
Macro uncertainties, geopolitical tensions, and news on the tariff front have kept the stock market volatile. Despite ongoing uncertainties, analysts remain optimistic about several growth stocks and their potential to generate attractive returns over the long term. Using TipRanks' Stock Comparison Tool, we placed BigBear. ai Holdings (BBAI), CoreWeave (CRWV), and AppLovin (APP) against each other to find the best growth stock, according to Wall Street analysts. Confident Investing Starts Here: Holdings (NYSE:BBAI) Stock Holdings stock has risen more than 31% so far in 2025 and 292% over the past year, as investors are optimistic about the prospects of the data analytics company. BBAI offers artificial intelligence (AI)-powered decision intelligence solutions, mainly focused on national security, defense, and critical infrastructure. The company ended Q1 2025 with a backlog of $385 million, reflecting 30% year-over-year growth. However, there have been concerns about low revenue growth rate and high levels of debt. Looking ahead, the company is pursuing further growth through international expansion and strategic partnerships, while continuing to secure attractive government business. What Is the Price Target for BBAI Stock? Last month, Northland Securities analyst Michael Latimore reaffirmed a Hold rating on BBAI stock but lowered his price target to $3.50 from $4 after the company missed Q1 estimates due to further delays in government contracts. On the positive side, the 4-star analyst noted the solid growth in backlog and management's statement that their strategy is 'beginning to resonate.' On TipRanks, Holdings stock is assigned a Moderate Buy consensus rating, backed by two Buys and two Holds. The average BBAI stock price target of $4.83 indicates a possible downside of 17.3% from current levels. CoreWeave (NASDAQ:CRWV) Stock CoreWeave, a cloud provider specializing in AI infrastructure, is seeing robust adoption for its products. The company, which provides customers access to Nvidia's (NVDA) GPUs (graphics processing units), went public in March. CRWV stock has risen about 300% to $159.99, compared to its IPO (initial public offering) price of $40. Remarkably, CoreWeave delivered a 420% jump in its Q1 2025 revenue to $981.6 million. Moreover, the company ended the first quarter of 2025 with a robust backlog of $25.9 billion. Meanwhile, CoreWeave has entered into lucrative deals, including an expanded agreement of up to $4 billion with ChatGPT-maker OpenAI and a collaboration to power the recently announced cloud deal between Alphabet's Google (GOOGL) and OpenAI. Is CRWV a Good Stock to Buy? Recently, Bank of America analyst Bradley Sills downgraded CoreWeave stock to Hold from Buy, citing valuation concerns following the strong rally after the company's Q1 results. Also, the 4-star analyst expects $21 billion of negative free cash flow through 2027, due to elevated capital expenditure ($46.1 billion through 2027). However, Sills raised the price target for CRWV stock to $185 from $76, noting several positives, including the OpenAI deal and strong revenue momentum. Overall, Wall Street has a Moderate Buy consensus rating on CoreWeave stock based on six Buys, 11 Holds, and one Sell recommendation. At $78.53, the average CRWV stock price target indicates a substantial downside risk of about 51%. AppLovin (NASDAQ:APP) Stock Adtech company AppLovin has witnessed a 301% jump in its stock price over the past year. The company provides end-to-end software and AI solutions for businesses to reach, monetize, and grow their global audiences. Notably, AppLovin's strong growth rates have impressed investors. In Q1 2025, AppLovin's revenue grew 40% and earnings per share (EPS) surged by 149%. Investors have also welcomed the company's decision to sell its mobile gaming business to Tripledot Studios. The move is expected to enable AppLovin to focus more on its AI-powered ad business. However, APP stock has declined more than 12% over the past month due to the disappointment related to its non-inclusion in the S&P 500 Index (SPX) and accusations by short-seller Casper Research. Nonetheless, most analysts remain bullish on AppLovin due to its strong fundamentals and demand for the AXON ad platform. Is APP a Good Stock to Buy Recently, Piper Sandler analyst James Callahan increased the price target for AppLovin stock to $470 from $455 and reaffirmed a Buy rating. While Piper Sandler's checks suggest some weakness in AppLovin's supply-side trends, it remains a buyer of APP stock, with the tech company growing well above its digital ad peers and expanding into new verticals. With 16 Buys and three Holds, AppLovin stock scores a Strong Buy consensus rating. The average APP stock price target of $504.18 indicates 51% upside potential from current levels. Conclusion Wall Street is sidelined on stock, cautiously optimistic on CoreWeave, and highly bullish on AppLovin stock. Analysts see higher upside potential in APP stock than in the other two growth stocks. Wall Street's bullish stance on AppLovin stock is backed by solid fundamentals and strong momentum in its AI-powered ad business. According to TipRanks' Smart Score System, APP stock scores a 'Perfect 10,' indicating that it has the ability to outperform the broader market over the long run.
Yahoo
20 hours ago
- Business
- Yahoo
CoreWeave Could Buy Core Scientific. How Should You Play CORZ Stock Here?
Core Scientific (CORZ) shares soared late on Thursday following a Wall Street Journal report that CoreWeave (CRWV) is once again interested in acquiring the AI infrastructure company. While top executives from both firms are already in advanced talks, financial terms of the potential agreement remain unknown, the report added. 3 Under-The-Radar Dividend Aristocrats Set to Breakout in Q3 Analysts: AMD Stock Will 'Close the Gap' With Nvidia by 2026. Should You Buy AMD Stock Here? The Saturday Spread: Data-Driven Trades That Cut Through the Noise (GILD, MCD, DJT) Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Including the recent rally, Core Scientific stock is up more than 160% versus its April low. CoreWeave's renewed interest in buying CORZ could prove a meaningful tailwind for the latter's investors since it validates its strategic pivot from crypto mining to AI infrastructure. A potential buyout could help Core Scientific could rposition it as a critical enabler in the generative artificial intelligence arms race. Moreover, takeover agreements often involve a significant premium. So, it's reasonable to believe that an agreement with CRWV will likely deliver immediate value to Core Scientific shareholders. That's what made CORZ shares soar more than 40% on Thursday. On the flip side, investors should note that neither company has so far confirmed reports of buyout discussions. For those sticking with Core Scientific stock at current levels, that's a huge risk given CORZ could give up its recent gains entirely if the WSJ report proved more rumor than reality in the days ahead. Additionally, since the AI stock has rallied some 40%, a strong enough case can be made that much of the anticipated benefit from a potential CoreWeave deal is baked into it already. Caution is warranted in buying CORZ shares also because the company's revenue crashed about 56% year-on-year to a weaker-than-expected $79.5 million in its latest reported quarter. Despite the aforementioned concerns, Wall Street remains bullish on Core Scientific stock, forecasting further upside in the second half of 2025. According to Barchart, the consensus rating on CORZ shares currently sits at 'Strong Buy' with the mean target of about $18 indicating potential for another 7% gain from current levels. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 hours ago
- Business
- Yahoo
Why CoreWeave Stock Plummeted This Week
CoreWeave saw a substantial valuation pullback this week, despite a bullish backdrop for AI stocks and the market at large. Investors sold out of the stock in response to analyst coverage and news that Nvidia is making a bigger push in cloud computing. Investors also appear to be concerned that CoreWeave could overpay to acquire Core Scientific. 10 stocks we like better than CoreWeave › Despite strong gains for the broader market, CoreWeave (NASDAQ: CRWV) stock closed out this week's trading down by double digits. The artificial intelligence (AI) specialist's share price fell 12.8% over the stretch. Meanwhile, the S&P 500 index rose 3.4%. CoreWeave stock lost ground this week following fresh analyst coverage and news that Nvidia (NASDAQ: NVDA) is making a bigger push in the cloud computing space. The company's valuation was also pressured by reports that a big acquisition move could be in the works. Before the market opened on Wednesday, H.C. Wainwright published its first rating on CoreWeave. The investment firm set a neutral rating on the tech specialist's stock, with analyst Kevin Dede raising some valuation concerns despite also acknowledging that CoreWeave had demonstrated its computing strengths. The Wall Street Journal also published a report on Wednesday stating that Nvidia plans to ramp up its own cloud-computing business. Nvidia's advanced graphics processing units (GPUs) have been the key hardware at the center of the AI data center revolution, but the tech leader is also in the relatively early stages of building its own AI-as-a-service (AIaaS) business. The company is a financial backer of CoreWeave, but some investors are worried that the tech giant could move in on the smaller player's turf. On Thursday, WSJ reported that CoreWeave is negotiating a deal to acquire Core Scientific (NASDAQ: CORZ). According to the report, a buyout could be finalized within weeks and is expected to assign a Core Scientific substantial valuation premium. Based on subsequent trading for CoreWeave, the reaction from investors appears to be mixed. Analysts are also split on what the buyout valuation might look like. Jeffries put forward a lower-end target, estimating that CoreWeave could pay between $16 per share and $23 per share to purchase Core Scientific. Cantor Fitzgerald put the potential buyout price at above $30 per share, and Roth Capital expects the company could pay as much as $38 per share in an all-stock deal. Given that CoreWeave tried to acquire Core Scientific at a price of $5.75 per share last year, some investors may be worried that the company is at risk of overpaying in the potential buyout. Before you buy stock in CoreWeave, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and CoreWeave wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Why CoreWeave Stock Plummeted This Week was originally published by The Motley Fool
Yahoo
a day ago
- Business
- Yahoo
Core Scientific (CORZ) Surges 33% as CoreWeave Revives Acquisition Bid
Core Scientific, Inc. (NASDAQ:CORZ) is one of the . Core Scientific rallied for a third straight day on Thursday, jumping 33.01 percent to close at $16.36 apiece following the revival of CoreWeave Inc.'s (NASDAQ:CRWV) bid to acquire the company. According to a report by the Wall Street Journal, citing people privy to the matter, CoreWeave Inc. (NASDAQ:CRWV) revived talks to acquire Core Scientific, Inc. (NASDAQ:CORZ) after its first attempt in 2024 fell through due to pricing issues. Both companies have yet to confirm or deny the reports ,but the Journal said that a deal is expected to be finalized in the coming weeks. An aerial view of an intricate network of digital infrastructure, lit up against a night sky. CoreWeave Inc. (NASDAQ:CRWV) has been instrumental to Core Scientific, Inc.'s (NASDAQ:CORZ) growth trajectory, having exited from bankruptcy through pivoting aggressively into Artificial Intelligence infrastructure in January last year. At present, the company is worth $5 billion in market capitalization. While we acknowledge the potential of CORZ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
