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Deutsche Bank Raises CoreWeave Price Target to $150

8/17/2026

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Summary

Story summary

CoreWeave (NASDAQ: CRWV) trades near $105.28 after falling from $117.
Deutsche Bank analyst Brad Zelnick lifted his price target to $150.
Analysts rate CoreWeave a Moderate Buy with a mean target of $136 based on 36 Wall Street analysts.
CoreWeave’s backlog includes Meta and Anthropic contracts.
Negative free cash flow raises interest-rate risk.

History

Historical Context

AWS pioneered commercial cloud computing when it released S3 in March 2006 and EC2 in August 2006, establishing a pay-as-you-go model that now commands about 31% of the global infrastructure market (2023). Building on that foundation, AI-focused provider CoreWeave has secured contracts with Meta, Anthropic and Nvidia, positioning it to challenge incumbents as AI workload demand surges.

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Story summary

CoreWeave (NASDAQ: CRWV) trades near $105.28 after falling from $117.
Deutsche Bank analyst Brad Zelnick lifted his price target to $150.
Analysts rate CoreWeave a Moderate Buy with a mean target of $136 based on 36 Wall Street analysts.
CoreWeave’s backlog includes Meta and Anthropic contracts.
Negative free cash flow raises interest-rate risk.

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