Goldman Sachs Assumes CoreWeave (CRWV) at Neutral

Goldman Sachs analyst Gabriela Borges assumes coverage on CoreWeave (NASDAQ: CRWV) with a Neutral rating and a price target of $86.00.

The analyst comments: "We assume coverage of CoreWeave (CRWV) with a Neutral rating and 12% upside to our 12-month price target of $86. We believe CoreWeave's purpose-built architecture provides a significant competitive advantage against traditional hyperscalers and other neoclouds at the high end, and the AI compute industry remains supply constrained. We expect CoreWeave's ability to commit to large customizable deployments while maintaining its speed to market and reliability will continue to drive large deals. We are Neutral for two reasons: a) CoreWeave's positioning at the high end of the market requires best in class execution, including for factors and partners that CoreWeave cannot entirely control, creating a heightened degree of near-term volatility that is magnified for equity holders because of CoreWeave's outsized debt (~6x net debt to TTM EBITDA as of 3Q25); b) CoreWeave is in the early stages of building out its product strategy to expand up the stack beyond high-density compute, and these levers will be key to CoreWeave's long-term value proposition as the AI TAM diversifies beyond high density compute (e.g. towards inference)."

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 $80.14 yesterday.

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