Bernstein keeps USD 74.00 target for CoreWeave stock

Published on 10/17/2026 at 21:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CoreWeave posted USD 2.58 billion revenue in Q2 2026. CoreWeave stock last stood at EUR 54.63 on October 16, 2026, down 11.91 percent on Nasdaq.

Analyst target and company scale

Bernstein maintained a USD 74.00 target for CoreWeave on October 16, 2026.
CoreWeave posted USD 2.58 billion in revenue in the second quarter of 2026.
CoreWeave stock last stood at EUR 54.63 on Tradegate on October 16, 2026, while the Nasdaq quote fell 11.91 percent.
CoreWeave had a USD 33.9 billion market capitalization as of October 16, 2026.

CoreWeave, US21873S1087, Illustration mit AI erstellt.

Bernstein maintained its USD 74.00 price target for CoreWeave on October 16, 2026, according to Yahoo Finance. Against the USD 61.39 Nasdaq price on that date, the target stood 20.54 percent higher. CoreWeave stock last stood at EUR 54.63 on Tradegate on October 16, 2026, while the Nasdaq quote fell 11.91 percent to USD 61.39.

Revenue reached USD 2.58 billion

CoreWeave generated USD 2.58 billion in revenue in the second quarter of 2026, up 112.00 percent from USD 1.21 billion in the second quarter of 2025, according to TokenPost. The same quarter produced a USD 626.00 million net loss, compared with a USD 290.00 million loss a year earlier. The contrast is central to the stock debate: revenue more than doubled, but reported earnings remained negative.

Price range shows a narrow cushion

On October 16, 2026, CoreWeave traded at USD 61.39 on Nasdaq, only 3.16 percent above its 52-week low of USD 59.51 and 56.71 percent below its 52-week high of USD 141.79. Trading volume reached 94,362,732 shares against an average of 32,270,095, making the session volume 192.42 percent higher than average.

Valuation and market scale

CoreWeave had a market capitalization of USD 33.9 billion and a negative price-to-earnings ratio of 16.82 as of October 16, 2026. Its investor-relations page identifies the company as listed on Nasdaq under CRWV. The combination of a USD 74.00 target and a USD 61.39 market price leaves the analyst view materially above the latest US quote, while the second-quarter loss keeps financing and profitability central to the valuation.

Comparison with peers

CoreWeave: minus 11.91 percent, P/E minus 16.82, market capitalization USD 33.9 billion.

Nebius Group (Nasdaq, USD): minus 12.18 percent, P/E minus 1,272.85, market capitalization USD 39.7 billion.

Core Scientific (Nasdaq, USD): minus 6.75 percent, P/E minus 3.23, market capitalization USD 4.3 billion.

What the next quote says

The next session will test whether the US price can stabilize above the USD 59.51 yearly low while the analyst target remains USD 74.00. For investors, the relevant tension is visible in the numbers: 112.00 percent revenue growth in the second quarter versus a USD 626.00 million net loss.

Price and market context

The latest Tradegate price was EUR 54.63 on October 16, 2026. The Nasdaq quote closed that session at USD 61.39, down 11.91 percent from the prior close of USD 69.69.