CoreWeave (CRWV) shares are trading higher in pre-market action today after the AI cloud infrastructure company announced plans to add Nvidia’s (NVDA) Rubin platform to its AI cloud service. CoreWeave said it expects to be among the first cloud providers to deploy Rubin in the second half of 2026.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The new platform will support advanced AI workloads, including agent-based AI, reasoning tasks, and large-scale inference.
That timing could give CoreWeave an edge with customers who want early access to Nvidia’s next AI systems.
What Rubin Means for CoreWeave
Rubin is Nvidia’s next AI platform, built to handle larger and more complex AI tasks as models move toward reasoning and agent-based use. Adding Rubin lets CoreWeave offer more options to customers while staying closely linked to Nvidia’s latest AI systems.
CoreWeave’s CEO Michael Intrator said the move supports rising demand for advanced AI and noted that CoreWeave can bring new technology to customers quickly and run large workloads at scale.
Is CRWV Stock a Buy?
Recently, top D.A. Davidson analyst Gil Luria upgraded CoreWeave stock to Hold from Sell and boosted the price target to $68 from $36, as he expects a potential $100 billion fundraising by OpenAI to bode well for CoreWeave. Meanwhile, Cantor Fitzgerald analyst Thomas Blakey reiterated a Buy rating on CRWV stock with a price target of $131.
Overall, Wall Street has a Moderate Buy consensus rating on CoreWeave stock based on 13 Buys and 10 Holds. The average CRWV stock price target of $129.80 indicates 66% upside potential.
