Is CoreWeave (CRWV)’s Recent Pullback a Buying Opportunity?
Source: Insider Monkey ·
Is CoreWeave, Inc. (NASDAQ:CRWV) becoming a buying opportunity after its recent sell-off? That is the question, as the stock is down about 38% from its 2026 highs. Despite the pullback, it remains up roughly 7% for the year. On September 24, JPMorgan analyst Samik Chatterjee argued that the recent decline was unjustified. The analyst upgraded […]
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Is CoreWeave, Inc. (NASDAQ: CRWV ) becoming a buying opportunity after its recent sell-off? That is the question, as the stock is down about 38% from its 2026 highs. Despite the pullback, it remains up roughly 7% for the year. On September 24, JPMorgan analyst Samik Chatterjee argued that the recent decline was unjustified. The analyst upgraded CoreWeave to Overweight from Neutral and raised his price target to $125 from $120, citing the company's positioning to benefit from continued demand for artificial intelligence infrastructure. A major part of the bullish thesis is CoreWeave's improving pricing power. As demand for AI compute remains strong, the company has already increased prices on about 25% of its product portfolio. The pricing changes reflect robust demand for AI compute capacity as customers increasingly require infrastructure for AI inference. CoreWeave is also changing how it contracts its available capacity. Since June, the company has focused on short-dated customer…