GF Securities Maintains Buy Rating on CoreWeave with Target Price of $172

GF Securities provided commentary on CoreWeave's Q2 2026 financial report, maintaining a buy rating and a target price of $172. Analysts are optimistic about CoreWeave for several reasons, including strong demand for AI infrastructure, a comprehensive price increase of 25%, a massive backlog of $129 billion providing high visibility, and a new financing structure supporting shorter contracts, while operating costs are 47% lower than traditional cloud giants. Revenue is projected to be $12.7 billion, $27.3 billion, and $41.8 billion for 2026-2028, with EBITDA of $7.5 billion, $15.6 billion, and $21.2 billion respectively.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.