CoreWeave shares gain on new Anthropic cloud deal

Go back to CoreWeave shares gain on new Anthropic cloud deal

This company is becoming 'the neocloud of choice for the frontier labs': analyst

April 14, 2026 5:00 PM EDT

In a note to clients, DA Davidson highlighted the stock it believes is becoming the neocloud of choice for the frontier labs, raising the price target to $175 from $125 and reiterating a buy rating.

The firm argues that for CoreWeave (NASDAQ: CRWV), a string of high-profile contract wins with frontier artificial intelligence labs positions the cloud computing company as the dominant... More