Truist Securities upgraded CoreWeave from Hold to Buy with a $126 price target. Baird initiated coverage with a Buy rating and a $100 price target. Analysts cited leadership in AI infrastructure and a discounted valuation for the bullish outlook. CoreWeave shares jumped approximately 9% on July 21. The stock maintained its upward momentum on July 22.
AI avatar developer Anam selected CoreWeave’s cloud to power its platform. Anam will utilize NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs to scale interactive AI agents. The partnership targets high-performance computing for latency-sensitive AI applications.