Citi Reinstates CoreWeave (CRWV) with Buy as Q3 Bookings Surge 85% Despite Supply Delays

CoreWeave Inc. (NASDAQ:CRWV) is one of the best high volume stocks to buy right now. On December 19, Citi resumed coverage of CoreWeave with a Buy rating and price target of $135, which trimmed dtown from $192. The firm reported that CoreWeave is rebounding from previous restrictions with a massive 85% jump in Q3 2025 bookings. While infrastructure and supply delays weighed on recent revenue, Citi remains bullish due to strong demand and a capacity roadmap that is currently on track for Q4 2025.

Earlier on December 16, Mizuho lowered the firm’s price target on CoreWeave to $92 from $120 with a Neutral rating on the shares. This sentiment was posted as the firm revised its 2026 software targets. Mizuho’s software outlook highlighted a favorable setup for vendors, particularly those aligned with AI, DevOps, and next-gen security. The firm believes that the industry is poised to exceed the projected low-teens median revenue growth, which makes the current risk/reward balance highly favorable for the coming year.

In other news, on December 11, CoreWeave announced a partnership to provide high-performance AI cloud solutions for Runway, which is a leader in generative video and world models. Under this contract, CoreWeave will supply the purpose-built infrastructure necessary to scale and accelerate Runway’s next-gen video generation models. This collaboration aims to enhance Runway’s research, training, and large-scale deployment capabilities by using CoreWeave’s specialized AI Cloud platform and integrated data tools.

CoreWeave Inc. (NASDAQ:CRWV) operates a cloud platform that provides scaling, support, and acceleration for GenAI.

While we acknowledge the potential of CRWV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.