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Barchart
Barchart
Larry Ramer

Bank of America Says CoreWeave Stock Can Gain 25% from Here. Should You Buy CRWV Now?

CoreWeave's (CRWV) profitability sank sharply last quarter, and the company continues to face intense competition, while its stock-based compensation (SBC) is climbing sharply. Moreover, a number of the name's valuation metrics have risen meaningfully in the last few months to high levels. Therefore, although Bank of America made several valid points about the firm's positive catalysts recently and predicted that its stock can rise 25%, I do not recommend that investors buy CRWV stock at this time. 

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