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CoreWeave (CRWV) Expands $22.5B OpenAI Deal as GPUaaS Market Surges

CoreWeave, Inc. (NASDAQ:CRWV) is one of the Top AI Stocks in the Spotlight on Wall Street. On September 25, Citizens JMP analyst Greg Miller reiterated a Market Outperform rating on the stock with a 180.00pricetarget.TheratingaffirmationfollowedthecompanysannouncementofanexpandedagreementwithOpenAI.CoreWeaveexpandeditsagreementwithOpenAI,bringingthetotalcontractvalueatanestimated180.00 price target. The rating affirmation followed the company’s announcement of an expanded agreement with OpenAI. CoreWeave expanded its agreement with OpenAI, bringing the total contract value at an estimated 22.5 billion. Analysts believe that there may be new contracts ahead as hyperscalers are increa ...