Wall Street analysts issued bullish updates for CoreWeave (NASDAQ: CRWV) on April 16, 2026.
Cantor Fitzgerald raised its price target on the company to $156 from $149. The firm maintained its Overweight rating for the stock. Wolfe Research initiated coverage with an Outperform rating. The firm set a $150 price target and cited CoreWeave as the best-positioned neocloud provider for continued expansion.
These revisions followed a $6 billion AI cloud agreement with quantitative trading firm Jane Street. The deal included a $1 billion equity investment in CoreWeave.
CoreWeave also announced the pricing of a new $1 billion senior notes offering on April 16. The company will use the capital for general corporate purposes and debt repayment. It will also use the funds to support rapid growth.