Cantor Fitzgerald analyst Brett Knoblauch reiterated an Overweight rating and $176.00 price target on CoreWeave (NASDAQ: CRWV).

The analyst commented, "There has been a lot of fearmongering about CRWV over the past few days, as YTM on its debt hit 15%. We believe this is one of the most attractive times to add to or enter into a CRWV position, as we think the market is getting it wrong. CRWV has the public support of NVDA (OW, covered by CJ Muse) - the most influential company when it comes to AI. CRWV also already sold out nearly all of the capacity coming online for 2027. NVDA also has an agreement to backstop any unsold capacity. The mania in the market is not about demand, it is about CRWV's ability to fund the capex to meet that demand."

For an analyst ratings summary and ratings history on CoreWeave click here. For more ratings news on CoreWeave click here.

Shares of CoreWeave closed at $69.69 yesterday.