CoreWeave (CRWV) shares climbed to $97.14 following a two-day rally of 6.7%, as investor focus shifts toward the upcoming Q4 earnings report on February 25. The market momentum effectively discounts a securities class action regarding data center delays, prioritizing the company's robust growth outlook.
- Growth is underpinned by a $55.6 billion backlog and a $2 billion equity investment from Nvidia received in January.
- Analysts maintain a "Strong Buy" rating with a $124.41 price target, highlighting 2.9GW of contracted capacity as a primary performance driver.