Deutsche Bank Bets Big on CoreWeave, Upgrades to 'Buy' with $140 Target Ahead of Key Report
In a significant vote of confidence for the AI infrastructure sector, Deutsche Bank has upgraded shares of CoreWeave (NASDAQ: CRWV) from 'Hold' to 'Buy,' setting a new price target of $140—a substantial increase from its previous target of $100. The move, announced on January 27, comes ahead of the company's pivotal Q4 2025 financial report and is predicated on what the bank describes as a "solid medium-term outlook." Analysts at the firm believe consensus revenue estimates for the cloud computing specialist could see material upward revisions throughout 2026, contingent on the company's successful execution of its capacity delivery plans to contracted customers.
The upgrade follows closely on the heels of another analyst action. Just a day prior, Mizuho Securities analyst Gregg Moskowitz raised his firm's price target on CoreWeave to $100 from $92, while maintaining a 'Neutral' rating. This adjustment was triggered by CoreWeave's announcement of an expanded strategic relationship with chip giant Nvidia (NASDAQ: NVDA). The partnership aims to accelerate a massive 5-gigawatt capacity build-out and is supported by an incremental $2 billion equity investment.
While Mizuho expressed a degree of caution regarding near-term revenue upside due to industry-wide capacity constraints, Moskowitz acknowledged the deal bolsters confidence in CoreWeave's longer-term trajectory. The company operates a specialized cloud platform designed to scale, support, and accelerate generative AI workloads, positioning itself as a critical infrastructure provider in an era of explosive AI demand.
The back-to-back analyst moves underscore the intense market focus on the foundational layer of the AI boom. As enterprises scramble for reliable, high-performance computing power, providers like CoreWeave are becoming increasingly strategic assets. Deutsche Bank's analysis suggests CoreWeave is well-placed to differentiate itself from broader cloud competitors through its focused AI infrastructure offerings over the coming year.
Market Voices: A Range of Reactions
Sarah Chen, Portfolio Manager at Horizon Tech Capital: "This is a validation of the 'picks and shovels' thesis within AI. Deutsche's target implies serious growth. While execution risk remains, securing that level of commitment from Nvidia is a powerful moat-builder."
Marcus Reynolds, Independent Market Analyst: "The hype is getting ahead of reality. A 40% target hike in one go? This feels like analysts chasing momentum. The entire sector is priced for perfection, and any hiccup in capacity rollout will hit these valuations hard."
Dr. Anika Patel, Senior Fellow at the Center for Digital Infrastructure: "The strategic importance of AI compute can't be overstated. This upgrade and the Nvidia deal aren't just about one stock; they're signals about the massive capital expenditure cycle required to make the AI revolution tangible for businesses."
Jake Torrino, Retail Investor & Commentator: "It's another classic case of the big banks talking their book. They upgrade after a run, set a sky-high target, and leave the little guy holding the bag if it turns. The fundamentals are strong, but this smells like manufactured optimism."