An analyst at MoffettNathanson has projected a "frightening" growth trajectory for CoreWeave, forecasting that the company's revenue could surge to the "mid-$20s billion" by 2028. This represents a nearly fivefold increase from the projected $5.3 billion in 2025, highlighting the immense demand for CoreWeave's AI-focused cloud infrastructure. The analyst noted the company's rapid evolution from a crypto miner with $16 million in revenue in 2022 to a key player in the AI boom. The report also highlighted CoreWeave's significant capital expenditures, estimated to be between $21 and $23 billion this year alone, placing it in the same league as major corporations like AT&T and Exxon Mobil. While the growth prospects are substantial, the analyst also pointed to future competition from major cloud providers such as Amazon, Google, and Microsoft as a potential challenge to CoreWeave's long-term returns. The stock has seen a significant surge of 203.8% since its listing in March, although it has experienced a dip of 7.15% in the last month.