Elice’s IPO collapse puts AI infrastructure stocks under fresh pressure
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HSBC Reiterates Reduce Rating on CoreWeave (CRWV), 'Expensive valuation'
October 20, 2026 8:43 AM EDTHSBC analyst Abhishek Shukla reiterated a Reduce rating and $39.00 price target on CoreWeave (NASDAQ: CRWV).
The analyst comments "On our estimates, CoreWeave trades at 2030e EV/non-GAAP EBIT after share-based compensation of 14.7x vs hyperscalers at 7-11x. The... More



