CRWV Stock Alert: This Analyst Warns CoreWeave Could Plunge 70% From Here

CoreWeave (CRWV) is back in the spotlight following a very bearish note from HSBC analyst Abhishek Shukla, who initiated coverage with a $32 price target, implying a staggering 75% fall from current levels. The analyst issued a “Sell” recommendation on the red-hot AI infrastructure play, sending shares down over 6% intraday on July 18.

The fall occurs at a critical time for CoreWeave. It has risen over 240% since its IPO in March, driven in general by AI infrastructure hype and by blockbuster OpenAI and Microsoft (MSFT) partnerships.