Overview
- DA Davidson reaffirmed a Buy rating after CoreWeave detailed an expanded NVIDIA partnership that includes a reported $2 billion equity contribution and plans to scale to over 5GW of capacity by 2030.
- Stifel said the NVIDIA funding supports faster buildout, including up to 200MW within a broader 5GW strategy, and could lower the company’s cost of capital.
- Citizens reiterated a Market Outperform rating with a $180 target, citing multi‑year contracts and a revenue backlog above $56 billion while flagging pricing, customer concentration, and leverage risks.
- A class‑action suit filed by Bleichmar Fonti & Auld LLP accuses CoreWeave and certain executives of overstating capacity and not disclosing major data center construction delays.
- Recent coverage highlights triple‑digit revenue growth over the last three quarters and notes NVIDIA’s role as an investor with a pledge to purchase unused CoreWeave capacity through April 2032, ahead of an earnings report expected on Feb. 26.