CoreWeave price target lowered to $120 from $165 at Loop Capital

Loop Capital lowered the firm’s price target on CoreWeave (CRWV) to $120 from $165 and keeps a Buy rating on the shares. The firm is adjusting expectations to account for continued “deployment” lumpiness that may extend through 2026, the analyst tells investors in a research note. The main constraint remains powered shell availability, now viewed as an even greater bottleneck than power itself, limiting how quickly equipment can be deployed, though these challenges are logistical rather than reflective of weaker demand or technology fundamentals, the firm says.