10:10 AM EDT, 08/13/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our 12-month target at $180 on an EV/sales multiple of about 8x our 2027 sales estimate, well above peers, but reflecting growth prospects and a large backlog (+$30B). We widen our 2025 per share loss estimate to -$1.65 from -$1.35 and 2026 to -$0.51 from -$0.14. We keep our 2027 EPS at +$2.25. Although CRWV is guiding 2025 revenue above our prior view ($5.25B from $5B), we anticipated more given the Q2 beat/backlog growth. We expect capex spend to increase significantly in the back half ($3.7B of +$20B spent in 1H; we see spend as Q4 weighted), helping to support rising AI compute needs from existing and new customers as well as drive revenue growth. We also note caution regarding the ongoing debate about a potentially more normalized supply/demand landscape (Microsoft pushed out its supply balance view to 2026; CoreWeave ( CRWV ) sees a more structural supply deficit). Strategic deals with OpenAI and hyperscalers validate its platform, while GPU advancements and close ties with NVIDIA position it well.