BofA Upgrades CoreWeave (CRWV) to Buy, Sees 22% Upside on AI Demand

FomoAnxiety · 2026-03-24T15:12:19+00:00

Bank of America analyst Tal Liani upgraded CoreWeave to Buy, with a $100 price target, citing strong AI demand and growth potential despite a weak revenue outlook. The company is well-positioned in the $79 billion AI infrastructure market.

FomoAnxiety

2026-03-24 15:12:19

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Bank of America five-star analyst Tal Liani has turned more positive on CoreWeave CRWV -1.51% ▼ . He raised his rating to Buy from Neutral and set a $100 price target. That implies about 22% upside from recent levels.

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The call comes as demand for AI compute continues to rise. CoreWeave runs cloud systems built for AI workloads. It also works with key partners like Nvidia NVDA -0.71% ▼ and OpenAI. These ties help support demand and access to top chips.

Liani said the firm is “well positioned to capture a share of the $79 billion AI infrastructure as a service market.” He added that “the demand trajectory is solid in the foreseeable future.” In other words, Bank of America sees steady growth ahead despite near term noise.

Growth Drivers vs. Near-Term Concerns

At the same time, the stock has faced pressure. CoreWeave gave a weak outlook for the first quarter. The firm guided to $1.9 billion to $2 billion in revenue. That fell short of the $2.29 billion estimate. As a result, shares dropped about 8% after the update.

However, Liani looks past that miss. The firm points to clear growth drivers over the next year. These include increased GPU supply, new data centers coming online, and longer-term deals for reserved capacity.

Liani also noted that ongoing refinancing should help fund expansion. He said the company should benefit from “a steady cadence of GPU deliveries” and continued build-out.

Overall, the view is simple. Short-term results may vary, but strong AI demand could support gains in CoreWeave stock over time.

Is CRWV Stock a Buy, Sell, or Hold?

Turning to the Street, CoreWeave has a Moderate Buy consensus, based on 23 analysts’ ratings. The average CRWV stock is $112.81, implying a 37.42% upside from the current price.

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