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Wajeeh Khan

Goldman Sachs Just Upgraded CoreWeave Stock. Here's Why.

CoreWeave Goldman Sachs Gabriela Borges CRWV Artificial Intelligence Barchart

Goldman Sachs analyst Gabriela Borges says long-term investors should treat the recent pullback in CoreWeave (CRWV) shares as a buying opportunity. In a research note this morning, she upgraded the artificial intelligence (AI) infrastructure giant to “Buy” and announced a downwardly revised $106 price target that nonetheless suggests meaningful upside potential.

CoreWeave stock has been hit hard in recent months amid a broader AI rout. It is currently trading at less than half its price in early May.

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