Business News

Needham Downrades Stock Coreweave (CRWV) to keep

Coreweave, Inc. (Nasdaq: CRWV) is one of the most promising AI actions to buy now. Needham has lowered the company’s actions to “buy” “to keep”, highlighting the evaluation problems despite the strategic advantages of the announced Corz acquisition. The company’s analysts believe that the acquisition can unlock between 150 MW and 200 MW of additional IT capacity, which is precious for Coreweave, Inc. (Nasdaq: CRWV), growing IT and IA workloads.

Needham Downrades Stock Coreweave (CRWV) to keep

A scientist from a computer station, surrounded by a neural network of artificial intelligence code.

That said, Needham is of the opinion that most of the advantages are already sold in the stock of Coreweave, Inc. (Nasdaq: CRWV), leading to degradation. The demand for the Coreweave platform, Inc. (NASDAQ: CRWV) remains strong and accelerated, AI leaders looking for the very efficient cloud infrastructure necessary for the most advanced applications. In T1 2025, the company’s rear of the company reached $ 25.9 billion on March 31, 2025.

The critical customer wins in AI laboratories, hyperscalers and businesses include a strategic agreement with OPENAI, adding $ 11.2 billion in income curator. In addition, the company has seen a rapid scaling of its specially designed AI infrastructure, which includes the addition of a new calculation capacity, totaling ~ 420 MW of active power and ~ 1.6 GW of power contracted at the end of the quarter.

Although we recognize the potential of the CRWV as an investment, we believe that certain AI actions offer greater upward potential and have a less unknown risk. If you are looking for an extremely undervalued AI stock that should also benefit considerably from the Trump era tariffs and the excessive trend, see our free report on the Best short -term AI stock.

Read then: 13 inexpensive AI stocks to buy according to analysts And 11 unstoppable growth shares to invest now

Disclosure: None. This article is initially published at Initiate monkey.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button