Wall Street Is Warming Back Up to CoreWeave Stock. Long-Term Demand Is Helping.

Amid all the distrust between China and the United States concerning artificial intelligence, an endorsement from a Chinese brokerage for an American neocloud company is certainly noteworthy. That is exactly what happened with CoreWeave (CRWV), when Chinese brokerage firm GF Securities initiated coverage on the former's stock with a “Buy.”

Citing long-term demand, close relationships with major hyperscalers, and eventual profitability by 2028, the firm said this in a note to clients: “Backed by first-mover GPU deployment, exclusive AI-only focus, best-in-class efficiency, and LTAs with major AI hyperscalers, CoreWeave is positioned as a long-term winner in the AI infra boom. We are positive on 1) accelerating demand for AI buildouts; 2) RPO that largely underpin our 2026–2027 revenue forecasts; 3) declining debt financing costs; 4) profitability to inflect sharply as large contracts mature; 5) new LTAs benefiting from higher GPU rental pricing.”