We recently published 10 Stocks Jim Cramer Talked About. CoreWeave, Inc. (NASDAQ:CRWV) is one of the stocks Jim Cramer talked about.
Data center infrastructure provider CoreWeave, Inc. (NASDAQ:CRWV)’s shares are up by a strong 142% since late March last year. Year-to-date the stock is up by 22%. Investment bank Morgan Stanley discussed the firm on February 20th. It reiterated an Equal Weight rating and a $99 share price target. The commentary came ahead of CoreWeave, Inc. (NASDAQ:CRWV)’s fourth quarter earnings due on the 26th. Morgan Stanley remarked that the firm might have difficulty meeting ambitious growth targets. Morgan Stanley outlined that the firm would have to exit 2026 with more than 850 megawatts of power, resolving earlier delays with its data center projects, and a path to achieving 5 gigawatts of capacity. DA Davidson also recently discussed the shares as it kept a Buy rating and a $110 share price target as it remarked that CoreWeave, Inc. (NASDAQ:CRWV)’s agreement with NVIDIA provided the firms with a path to build their future infrastructure. Cramer also discussed the relationship between the firm and NVIDIA:
“Remember the only reason that deal at 40 worked in the IPO, was because of NVIDIA. They could just, boom. Hey don’t be surprised, now they would say, look I think CoreWeave’s going up much higher. . .
While we acknowledge the risk and potential of CRWV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CRWV and that has 10,000% upside potential, check out our report about this cheapest AI stock.
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