Guotai Junan Securities: Maintains Buy Rating on CoreWeave with a $172 Price Target

BlockBeats News, August 13th, Guangfa Securities' overseas investment research institution commented on CoreWeave's Q2 2026 earnings report, maintaining a Buy rating and a $172 target price. Analysts are bullish on CoreWeave for reasons including strong demand for AI infrastructure, a comprehensive 25% price increase, $129 billion in massive backlog orders providing high visibility, and a new financing structure supporting shorter contracts, while operating costs are 47% lower than traditional cloud giants.

The forecasted revenues for 2026-2028 are $12.7 billion, $27.3 billion, and $41.8 billion, with EBITDA of $7.5 billion, $15.6 billion, and $21.2 billion, respectively.