Latest news with #CRWV
Yahoo
4 hours ago
- Business
- Yahoo
Is Teledyne Technologies Stock Outperforming the Dow?
Thousand Oaks, California-based Teledyne Technologies Incorporated (TDY) provides enabling technologies for industrial growth markets. Valued at a market cap of $23 billion, the company operates through Digital Imaging, Instrumentation, Aerospace and Defense Electronics, and Engineered Systems segments. Companies worth $10 billion or more are generally labeled as 'large-cap stocks', and Teledyne Technologies fits this criterion perfectly. The company is known for its innovation and precision technology solutions, serving a wide range of industries, including aerospace, defense, marine, environmental monitoring, and manufacturing. Is Palantir Stock Poised to Surge Amidst the Israel-Iran Conflict? 'It Has No Utility': Warren Buffett Doesn't Care How High Gold Goes, He Isn't a Buyer CoreWeave Stock Is Too 'Expensive' According to Analysts. Should You Sell CRWV Now? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Teledyne Technologies currently trades 6.4% below its all-time high of $522.50 recorded on Jan. 31. TDY's stock has declined 1.9% over the past three months, slightly lagging behind the broader Dow Jones Industrials Average's ($DOWI) 1.4% rise. Longer term, TDY's stock has surged 5.4% on a YTD basis, whereas DOWI has decreased marginally. Moreover, shares of Teledyne Technologies soared 26.6% over the past 52 weeks, notably outperforming the Dow Jones' 8.6% rise over the same time frame. Despite some fluctuations, the stock has been trading above its 50-day and 200-day moving averages since May. Despite delivering strong results, Teledyne Technologies' stock fell 2.7% following the release of its Q1 2025 results on Apr. 23. The company posted revenue of $1.5 billion, up 7.4% year over year, driven by growth across all segments and surpassing the consensus estimate of $1.4 billion. Its adjusted EPS rose 8.8% from the prior-year quarter to $4.95, also beating analysts' expectations. However, the dip in share price can be attributed to TDY's full-year EPS guidance, which slightly missed the Street's expectations. TDY expects adjusted EPS to range between $21.10 and $21.50, dampening investor sentiment. Compared to its peer, Trimble Inc. (TRMB) has underperformed TDY stock on a YTD basis, gaining 1.5%. However, shares of TRMB have climbed 29.2% over the past 52 weeks, outpacing the TDY stock. Among the nine analysts covering the TDY stock, the consensus rating is a 'Strong Buy.' Its mean price target of $555.11 suggests a 13.5% upside potential from current price levels. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Globe and Mail
15 hours ago
- Business
- Globe and Mail
CoreWeave (CRWV) Bolsters its Growth Story with New AI Cloud Products
Artificial intelligence (AI) cloud provider CoreWeave (CRWV) continues to bolster its growth story with innovative products. At the Weights & Biases Fully Connected Conference held on Wednesday, the company launched three new AI cloud software products and capabilities to help customers develop, deploy, and iterate AI faster. CRWV stock has rallied about 112% over the past month, reflecting investor optimism about the demand for the company's AI infrastructure. Confident Investing Starts Here: CoreWeave Launches New AI Cloud Products CoreWeave, which acquired AI developer platform Weights & Biases in May 2025, launched three new products – Mission Control Integration, W&B Inference, and W&B Weave Online Evaluations, to enable more developers to build AI models on its cloud platform. The launch of these products marks the first software integration between the two companies following the acquisition. The AI cloud computing platform highlighted that these capabilities integrate CoreWeave's infrastructure with Weights & Biases' intuitive tooling to empower AI engineers in training models, performing inference efficiently, and monitoring AI applications. CRWV's Continued Innovation to Boost Demand CoreWeave's efforts to offer innovative products to customers could further strengthen the demand for its platform. Powered by Nvidia's (NVDA) GPUs (graphics processing units), CoreWeave is well-positioned to capture the massive demand for computing from AI companies. This high-growth stock has rallied 325% to $170 from its IPO (initial public offering) price of $40, thanks to optimism about its prospects amid the ongoing AI wave. However, several analysts are concerned about CoreWeave's high cash burn and lofty valuation. Earlier this week, Bank of America analyst Bradley Sills downgraded CRWV stock to Hold from Buy, citing valuation concerns. Is CRWV a Good Stock to Buy? Overall, Wall Street has a Moderate Buy consensus rating on CoreWeave stock based on six Buys, 11 Holds, and one Sell recommendation. The average CRWV stock price target of $78.53 indicates downside risk of about 54% from current levels. See more CRWV analyst ratings Disclaimer & Disclosure Report an Issue
Business Insider
a day ago
- Business
- Business Insider
CoreWeave (CRWV) Bolsters its Growth Story with New AI Cloud Products
Artificial intelligence (AI) cloud provider CoreWeave (CRWV) continues to bolster its growth story with innovative products. At the Weights & Biases Fully Connected Conference held on Wednesday, the company launched three new AI cloud software products and capabilities to help customers develop, deploy, and iterate AI faster. CRWV stock has rallied about 112% over the past month, reflecting investor optimism about the demand for the company's AI infrastructure. Confident Investing Starts Here: CoreWeave Launches New AI Cloud Products CoreWeave, which acquired AI developer platform Weights & Biases in May 2025, launched three new products – Mission Control Integration, W&B Inference, and W&B Weave Online Evaluations, to enable more developers to build AI models on its cloud platform. The launch of these products marks the first software integration between the two companies following the acquisition. The AI cloud computing platform highlighted that these capabilities integrate CoreWeave's infrastructure with Weights & Biases' intuitive tooling to empower AI engineers in training models, performing inference efficiently, and monitoring AI applications. CRWV's Continued Innovation to Boost Demand CoreWeave's efforts to offer innovative products to customers could further strengthen the demand for its platform. Powered by Nvidia's (NVDA) GPUs (graphics processing units), CoreWeave is well-positioned to capture the massive demand for computing from AI companies. This high-growth stock has rallied 325% to $170 from its IPO (initial public offering) price of $40, thanks to optimism about its prospects amid the ongoing AI wave. However, several analysts are concerned about CoreWeave's high cash burn and lofty valuation. Earlier this week, Bank of America analyst Bradley Sills downgraded CRWV stock to Hold from Buy, citing valuation concerns. Is CRWV a Good Stock to Buy? Overall, Wall Street has a Moderate Buy consensus rating on CoreWeave stock based on six Buys, 11 Holds, and one Sell recommendation. The average CRWV stock price target of $78.53 indicates downside risk of about 54% from current levels.
Yahoo
2 days ago
- Business
- Yahoo
CoreWeave Stock Is Too ‘Expensive' According to Analysts. Should You Sell CRWV Now?
After spending just a few months on the public markets, CoreWeave (CRWV) is already making waves. The Nvidia (NVDA)-backed artificial intelligence (AI) infrastructure company made its public debut this March and has quickly emerged as one of the hottest tickets in the AI space. With investors actively scouting for the next breakout in the AI space, CoreWeave hasn't gone unnoticed. In fact, the stock ranks among the most explosive IPOs this year, with its $40 offering price more than quadrupling since launch, driven by explosive momentum and a compelling growth story. Deep ties with AI superstar Nvidia, a client list stacked with tech heavyweights like Microsoft (MSFT), Meta Platforms (META), and International Business Machines (IBM), as well as a triple-digit revenue growth in its latest quarterly report, have all charmed investors. Dear Tesla Stock Fans, Mark Your Calendars for June 22 Trump Is Giving Tesla's Robotaxis a Leg Up Ahead of June 22. Should You Buy TSLA Stock Now? Nvidia Says Quantum Computing Is Nearing an 'Inflection Point.' Here Are the 3 Best Stocks to Buy Now to Profit. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Even so, not everyone is staying on board for the ride. Bank of America, for instance, recently downgraded the stock, citing stretched valuations as a reason for caution. Following such a rapid surge, questions about how much future growth is already factored into the price have begun to surface. But is this valuation-driven downgrade truly enough to make investors walk away from this rising AI star? CoreWeave (CRWV) is fueling the next era of AI with its high-performance cloud platform built for accelerated computing. Since 2017, it has rapidly expanded its network of cutting-edge data centers across the U.S. and Europe, serving top enterprises and leading AI labs worldwide. CoreWeave's business success is deeply rooted in Nvidia's technology, so much so that any discussion of the company naturally starts with the AI chip giant. Apart from NVDA's stake in CRWV, CoreWeave's business is also deeply intertwined with Nvidia's powerful AI chips, offering on-demand access to a massive fleet of 250,000 NVDA GPUs across 30+ data centers. While customers can rent by the hour, most contracts lock in for two to five years, giving the company solid long-term revenue visibility despite its flexible model. Now commanding a market cap of around $76.1 billion, this freshly listed AI player has delivered a jaw-dropping 114% gain in just the past month. That staggering rally leaves the broader S&P 500 Index's ($SPX) modest 0.4% gain in the dust, highlighting just how quickly CoreWeave has captured investor attention. CoreWeave made a powerful entrance with its first-quarter earnings report, released on May 14. The company posted revenue of $981.6 million, blowing past expectations of $859.8 million and marking staggering 420% year-over-year growth. Even more impressive, adjusted EBITDA came in at $606.1 million, up 480% annually, with a healthy 62% margin to match. Although the company reported a net loss of $1.49 per share, deeper than the $0.62 loss a year ago, this was largely due to a $177 million hit from stock-based compensation tied to its IPO. CoreWeave's first quarter was packed with major contract wins. One of the biggest was a massive $11.9 billion contract with ChatGPT maker OpenAI, further cementing its role as a key player in the AI infrastructure race. The company also announced a strategic partnership with IBM to deliver compute capacity for its Granite AI models, another big-name endorsement of CoreWeave's capabilities. Adding to the momentum, CoreWeave ended the quarter with a revenue backlog of $25.9 billion, reflecting strong demand visibility. Notably, the newly signed OpenAI deal isn't even included in that figure, suggesting even more upside ahead. Looking forward, CoreWeave has set bold expectations for 2025, guiding for revenue between $4.9 billion and $5.1 billion as demand for AI infrastructure continues to accelerate. On June 16, Bank of America stepped in with a cautionary note on CoreWeave, downgrading the stock from 'Buy' to 'Neutral' on valuation concerns. Analyst Brad Sills raised the price target from $76 to $185, pointing to several positives such as a new hyperscaler customer, an expanded OpenAI deal, and a successful debt raise at more favorable rates. Still, he cautioned that 'with the stock trading at 25x CY27e EBIT, a premium to the peer group at 16x, we believe much of the upside is priced in.' Sills also pointed to CoreWeave's projected $21 billion in negative free cash flow through 2027, fueled by aggressive capital spending expected to reach $46.1 billion. With about 85% of its capex funded through debt, he emphasized that continued access to 'reasonably priced debt' will be 'critical' going forward. Yet, despite the cautionary tone, investors shrugged off the downgrade, sending the stock up 7.7% on the same day. Overall, Wall Street appears reasonably optimistic on CRWV stock, with a consensus 'Moderate Buy' rating. Of the 19 analysts offering recommendations, five are giving it a solid 'Strong Buy,' one suggests a 'Moderate Buy,' 12 advocate 'Hold,' and the remaining one gives a 'Strong Sell.' As of writing, the stock is trading at a premium to its average analyst price target of $71.11, while Bank of America's newly issued price target of $185 suggests about 8% potential upside from current levels. Despite valuation concerns flashing on analysts' radar, CoreWeave's fundamental growth story remains hard to ignore. The company is riding a massive wave of AI infrastructure demand, backed by long-term contracts, deep integration with Nvidia, and a robust customer base that includes the biggest names in tech. Its impressive revenue growth, expanding backlog, and strategic partnerships with strong AI players, such as OpenAI, signal that CoreWeave isn't just a passing AI trend. For investors with a long-term mindset, this may be a name worth holding onto. On the date of publication, Anushka Mukherji did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
4 days ago
- Business
- Yahoo
Zacks Investment Ideas feature highlights: CoreWeave, Circle Internet and NVIDIA
Chicago, IL – June 16, 2025– Today, Zacks Investment Ideas feature highlights CoreWeave CRWV, Circle Internet Group CRCL and NVIDIA NVDA. IPO activity post-pandemic has fluctuated significantly, primarily driven by economic uncertainty, rising interest rates, and inflation, all of which have impacted investor sentiment. But the tide has shifted positively over the past year, with several notable IPOs hitting the market, including CoreWeave and Circle Internet Group. Both stocks have seen big runs in June. In short, CRWV provides exposure to the AI frenzy, whereas CRCL is a play on the mainstreaming of digital dollars and the evolving stablecoin regulatory landscape. Let's take a closer glance at each. Given its backing by AI-favorite NVIDIA, the IPO reflected one of the most exciting we've seen in years. An SEC filing in late May 2025 revealed NVIDIA has a $900 million stake, reflecting one of its largest investors. It's also important to know that NVIDIA supplies CoreWeave with most of its high-performance GPUs that power CRWV's AI infrastructure. Some time back, investors raised flags concerning the massive amount of sales NVIDIA generated from CRWV, but that concern has since evaporated. The company's latest set of quarterly results were driven by accelerating demand for its AI offerings, with sales up a staggering 420% year-over-year. Revenue backlog totaled a strong $25.9 billion, with CRWV also securing more lucrative deals with enterprises. Up 270% since its IPO, the stock remains a great play on the AI frenzy, which appears to still be in the early innings. Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce, and financial applications worldwide. It's the issuer of USDC, the world's second-largest dollar-pegged stablecoin, widely used across exchanges, DeFi platforms, and institutional trading venues. But what does that even mean? CEO Jeremy Allaire explains simply – 'If you could take what we think of as money, make it digital and available on the internet, then that would dramatically change the way we use money and open up opportunities around the world. That's the idea behind Circle.' Since their debut on June 5th, shares have gone on a massive run. It's worth noting that Cathie Wood's ARK had a big win on the stock, purchasing roughly 4.5 million shares on its first day of trading. The stock overall reflects a great play on the evolving stablecoin regulatory landscape, which is also just seemingly beginning as we increasingly wade into the digital age. IPO news has dominated headlines this week, a nice breather from tariffs news that have consistently impacted sentiment. Circle shares have been blistering hot since their debut this month, with CoreWeave shares also seeing similar price action since its debut. The price action here post-IPO actually bodes well for the broader market overall, which reflects 'hungry' investor sentiment. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report CoreWeave Inc. (CRWV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
