Wall Street forecasts 270% upside for CoreWeave stock in a year

Citizens reiterated its “Market Outperform” rating on CoreWeave (NASDAQ: CRWV) on November 11 and maintained a $180 CoreWeave stock price target for the next 12 months. The firm’s forecast suggests roughly 270% upside potential from the last closing price of $48.73 and comes as CoreWeave’s third-quarter results showed improving profitability amid infrastructure scaling efforts. Management reported revenue jumping 168% in the third quarter from about $1.36 billion a year earlier, while gross profit margins reached 67%. Citizens also noted that pricing continues to rise across new and old-generation infrastructure alike. As a result, CRWV shares are up 11% in pre-market trading at the time of writing, hovering around $54. CoreWeave stock price target raised on AI demand The company’s backlog continues to expand alongside faster infrastructure deployments.

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