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Cathie Wood’s 11 Biggest AI and Data Center Stock Picks. CoreWeave, Inc. (NASDAQ:CRWV) ranks #11 (see Cathie Wood’s 5 Biggest AI and Data Center Stock Picks).
Cathie Wood’s Stake: $137,795,948
CoreWeave recently fell after the company issued weak quarterly outlook. However, long-term analysts believe its story remains intact. Wells Fargo kept its Overweight rating and increased the price target on the stock to $155 from $135. The firm highlighted the company’s $100B backlog. Jefferies maintained its Buy rating and $160 price target.
Beyond the quarterly results, what are the key growth drivers for the company? It’s is among the top beneficiaries of the roughly $700 billion AI capex wave because it is selling something every major tech company needs: high-performance GPU cloud infrastructure used to train and run artificial intelligence models. Instead of companies spending billions to build their own data centers, they rent CoreWeave’s clusters of advanced GPUs to power everything from large language models to complex simulations.
Coreweave Inc. (NASDAQ:CRWV) has strong demand visibility because hyperscalers like Microsoft, Amazon, Alphabet and Meta Platforms are consistently flagging capacity constraints, not weak demand. That supply shortage is exactly what drives Coreweave Inc’s (NASDAQ:CRWV) model, supported by a backlog rising from $66.8 billion toward potentially about $90 billion.
Giants like Meta Platforms, OpenAI, Anthropic and IBM are depending on CoreWeave for tech and AI infrastructure. Meta recently signed an expanded agreement with CoreWeave worth about $21 billion, securing long-term access to GPU-powered cloud capacity. These deals show that leading AI companies are committing billions upfront to lock in the computing power needed to train and run large-scale models.
Montaka Global Investments stated the following regarding CoreWeave, Inc. (NASDAQ:CRWV) in its Q4 2025 investor letter:
“The second argument for bubble trouble is that hyperscalers are overvalued because a new generation of cloud provider – such as CoreWeave, Inc. (NASDAQ:CRWV) – is entering the market, leading to a deteriorating competitive landscape. But these new cloud providers are ….” (Click Here to Read the Letter in Detail)
While we acknowledge the potential of CRWV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.