CoreWeave Stock Slides In Quiet Trading As Investors Weigh Growth Against Risk

Benzinga

CoreWeave shares dropped 5.38% to $102.89 amid investor concerns over valuation, spending, and customer concentration, according to Benzinga. The AI infrastructure firm's stock continues to swing as Wall Street debates the long-term outlook. Shares have surged over 240% since the company's March 2025 IPO, making the stock a point of contention among analysts. Supporters highlight the company’s aggressive expansion, including a $9 billion Core Scientific acquisition and plans for a $6 billion AI data center in Pennsylvania. Barclays raised its price target for CoreWeave to $140 on July 21, citing strong growth prospects. Just days earlier, HSBC initiated coverage with a bearish $32 target and a Reduce rating, highlighting downside risks. CoreWeave closed at $102.89, down 5.38%.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Corleaf shares dropped 5.38% to $102.89 in investor concerns over valuation,

00:09spending, and customer concentration, according to Benzinga.

00:11The infrastructure firm's stock continues to swing as Wall Street debates the long-term outlook.

00:16Shares have surged over 240% since the company's March 2025 IPO,

00:21making the stock a point of contention among analysts.

00:24Supporters highlight the company's aggressive expansion,

00:26including a $9 billion core scientific acquisition and plans for a $6 billion AI data center in Pennsylvania.

00:32Parkway has raised its price target for Corleaf to $140 on July 21st,

00:36sending strong growth prospects.

00:37Just days earlier, HSBC initiated coverage with a bearish $32 target and a reduced rating,

00:43highlighting downside risks.

00:45Corleaf closed at $102.89, down 5.38%.

00:49For all things money, visit Benzinga.com.

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