Reported about 14 hours ago
Arete analyst Andrew Beale has started coverage of CoreWeave with a Neutral rating and a $130 price target, while expressing a preference for Nebius, which is seen as having a lower fundamental valuation. Both companies operate in the neo cloud and AI hyperscaler space, but Nebius's stock has recently seen a price increase, unlike CoreWeave, which has decreased. The dynamics of GPU compute demand and revenue capabilities will likely influence the trading of both stocks.
Source: YAHOO