From TokenPost · · 50s
Bank of America Raises CoreWeave Growth Forecasts
Bank of America boosts CoreWeave's 2027 revenue growth forecast to 105% after shares dropped 15.5%.
In brief
Bank of America boosts CoreWeave's 2027 revenue growth forecast to 105% after shares dropped 15.5%. Bank of America raised CoreWeave's 2027 revenue growth forecast to 105% following a 15.5% share price drop. Originally reported by TokenPost.
Bank of America Raises CoreWeave Growth Forecasts
Bank of America raised its growth outlook for CoreWeave while keeping a $140 price target, following a 15.5% one-day decline in the AI cloud provider’s shares on Oct. 14.
2027 Revenue Growth Forecast
Bank of America’s Oct. 15 forecasts call for CoreWeave’s revenue to grow 105% in 2027, up from a previous estimate of 102%.
2028 Revenue Growth Forecast
For 2028, Bank of America raised its projection to 63% from 58%.
The headline
Bank of America raised CoreWeave's 2027 revenue growth forecast to 105% following a 15.5% share price drop.
