CoreWeave, Nebius initiated with Outperform ratings at Baird

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Neocloud computing companies CoreWeave ( CRWV ) and Nebius Group N.V. ( NBIS ) were initiated with Outperform ratings and respective price targets of $100 and $250 at investment firm Baird on Wednesday. “CoreWeave is a pioneer and leader in the purpose-built AI infrastructure

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Investment firm Baird initiated coverage on AI infrastructure specialists CoreWeave and Nebius Group on Wednesday with Outperform ratings and price targets of $100 and $250, respectively. This evaluation formalizes the market-leading positions and growth potential of neo-cloud computing companies. Investors should watch these stocks as beneficiaries of expanding demand for AI hardware and cloud services.

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