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Valued at $39.1 billion, CoreWeave (CRWV) is a cloud infrastructure company that provides high-performance computing capacity designed for artificial intelligence (AI) workloads. Ever since its IPO in March, CoreWeave's stock has surged, closing last year with a 79% gain, reflecting just how quickly global demand for AI infrastructure is accelerating. The stock is already up over 25% so far this year following explosive revenue growth in Q3 driven by AI demand and a large multi-year revenue backlog, signaling ongoing strong customer commitments.
Could AI tailwinds propel the stock further to touch $200 this year?