Stock price plunges but still gets strong backing! Bank of America maintains "Buy" on CoreWeave (CRWV.US): Don't be scared off by financing concerns, backlog still stands at at least $129 billion.

date
16/10/2026
Zhito Finance APP has learned that after concerns over AI infrastructure financing triggered a cumulative decline of about 18% in CoreWeave's stock price over two consecutive trading days, Bank of America still reiterated its "Buy" rating on CoreWeave on Thursday and raised its revenue forecast. Combined with a market rebound, CoreWeave rebounded nearly 6% on Thursday, closing at $69.69.