Wells Fargo lowered the firm’s price target on CoreWeave (CRWV) to $125 from $150 and keeps an Overweight rating on the shares. The firm believes that AI is still “the name of the 2026 game.” Wells sees three key ways to play, namely infrastructure, incumbents, and innovation. While adoption will likely be uneven, secular trend will ultimately drive 2026 performance, it adds.
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
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRWV:
- Applied Digital (APLD) Secures Massive AI Data Center Contracts during Strong Quarter
- Mixed options sentiment in CoreWeave Inc with shares up 0.4%
- CRWV vs. NBIS: Which AI Infrastructure Stock Should You Buy for 2026?
- NBIS, CRWV, SMCI: What’s Pushing These 3 AI Infrastructure Stocks Higher?
- CRWV vs. PLTR: Truist Securities Pulls the Trigger on One AI Stock, Stays Cautious on the Other