CoreWeave (CRWV) shares traded slightly higher, closing at $78.39 (+0.58%), amid highly mixed analyst sentiment regarding the company's long-term prospects despite no major company announcements.
- Barchart noted strong buy potential, citing Q3 revenue doubling to $1.36B and a substantial $55B backlog driven by AI growth.
- The positive outlook was countered by DA Davidson, which issued a warning that the equity is 'likely worthless long-term.'
- The stock movement tracked the broader market, benefiting from the ongoing CES-driven AI rally and a rebound in chip stocks.