CoreWeave (CRWV) stock continues to face pressure from Wall Street analysts following its latest guidance cut. This comes even after CEO Mike Intrator told CNBC that everything in the quarter went as planned, except for a single delay at one data center provider operating multiple locations. Despite this clarification, analysts are trimming their price targets due to the reduced revenue outlook.
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Loop Capital analyst Ananda Baruah reiterated a Buy rating but slashed his price target from $165 to $120, implying 40.5% upside potential. Baruah cited ongoing “deployment lumpiness” that may persist through 2026 as the main reason for the adjustment.
Similarly, Wells Fargo analyst Michael Turrin kept his Buy rating, while cutting the price target from $170 to $150, implying 75.6% upside potential. Turrin also attributed his revision to the delays at one third-party data center.
Analyst Reactions and Company Challenges
Although analysts remain confident about CoreWeave’s long-term growth, near-term challenges have prompted price target reductions. CoreWeave cited a delay from an external builder as the reason for lowering its 2025 revenue forecast to $5.1 billion from $5.25 billion and scaling back planned capital expenditures by $8.5 billion. This announcement triggered a sharp 19% decline in CRWV stock over two days.
Though CoreWeave did not name the delayed operator, CNBC’s Jim Cramer speculated it could be Core Scientific (CORZ), a company CoreWeave previously attempted to acquire.
Reasons for Price Target Cuts
Baruah noted that CoreWeave is revising its expectations because uneven deployment may continue through 2026. The main issue is the limited availability of powered shells, which is now a bigger bottleneck than power supply. This slows down how fast equipment can be deployed, but Baruah also clarified that the delays are due to logistics, not weaker demand or technology problems.
Turrin noted that while one data center delay could slow short-term progress, he believes the bigger picture remains positive. Turrin highlighted the company’s GPU economics, how effectively it uses and profits from graphics processing units, remain stable. Additionally, there is potential for increased capital spending in 2026, and CoreWeave is steadily progressing in securing power resources and acquiring new deals, which supports longer-term growth.
Is CoreWeave a Good Stock to Buy?
Analysts currently, remain divided on CoreWeave’s long-term potential. On TipRanks, CRWV stock has a Moderate Buy consensus rating based on 12 Buys, 13 Holds, and one Sell rating. The average CoreWeave price target of $145.75 implies 70.6% upside potential from current levels. Year-to-date, CRWV stock has surged over 130%.
