JP Morgan upgrades CoreWeave to 'overweight'; shares gain
CRWV•JP Morgan upgraded CoreWeave to “overweight” from “neutral,” citing strong demand and favorable pricing for compute. Shares rose 1.3% in premarket trading.
CRWV•CRWV•CRWV•JP Morgan upgraded CoreWeave to “overweight” from “neutral,” citing strong demand and favorable pricing for compute. Shares rose 1.3% in premarket trading.
JP Morgan said CoreWeave’s willingness to lean into short-term contracts at premium pricing is driving higher revenue and margin forecasts.
