Cantor Fitzgerald analyst Brett Knoblauch raised the firm’s price target on CoreWeave (CRWV) to $156 from $149 and keeps an Overweight rating on the shares. CoreWeave’s $6B deal with Jane Street, alongside recent large agreements with Meta (META) and Anthropic, highlights strong demand and supports significant backlog growth, potentially reaching $100B by 2Q26, the analyst tells investors in a research note. With ample capacity to secure additional contracts, the company is positioned for accelerating near-term revenue growth and increased customer diversification, the firm says.
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