Why BofA Calls CoreWeave (CRWV) Funding Needs “Manageable” Farooq Fri, November 13, 2026 at 4:30 PM EST 4 min read CRWV -7.72% ^GSPC -0.40% ^DJI +0.10% CL=F +0.53% ^IXIC -0.91% Trade CRWV on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
We just published a list of the 10 Stocks With Insane Upside According to Reddit and CoreWeave (NASDAQ:CRWV) ranked 7th on this list.
US stocks edged lower Thursday, snapping a rebound that had lifted the S&P 500 1.3% a day earlier. The S&P 500 fell 0.35% to 7,592.40, the Dow Jones Industrial Average slipped 0.36% to 52,297.09, and the Nasdaq Composite lost 0.39% to 25,366.09, Yahoo Finance reported, as bond yields rose. Traders weighed hot inflation data, the Federal Reserve's next move and higher oil prices.
The week's moves have been shaped by interest rates. Tuesday's hotter-than-expected inflation report convinced traders that the Federal Reserve will raise rates next month, Reuters said. According to CME FedWatch, investors fully price in a hike of at least 25 basis points, with a 13.2% chance of a 50-basis-point move. Several Fed officials have said they are open to a more aggressive path, and Wall Street analysts have raised their forecasts for more and bigger hikes, Yahoo Finance said.
Wednesday's rebound showed how quickly sentiment can swing. The S&P 500 gained 1.3% and the Nasdaq Composite 1.6% after results from an AI cloud company eased worries about the durability of the artificial intelligence trade, Reutersreported, with advancing stocks outnumbering decliners by 1.3 to 1 on the NYSE. The Treasury market was closed for Veterans Day, so bond traders could react only on Thursday.
Thursday brought another pressure point. Oil prices climbed after the president said he was no longer interested in a deal with Iran, the Associated Press reported, which complicates the inflation outlook. Higher energy costs feed into the same inflation numbers the Fed is fighting. Even so, the S&P 500 finished with a modest loss and is up 2.9% for the week.
Retail investors are watching the same swings closely, and Reddit threads tend to cluster around names where the gap between price and analyst expectations looks widest. That gap deserves some care. An average price target is a twelve-month estimate pulled from sell-side analysts, it is often revised after earnings, and a handful of outliers can skew the mean. Because upside is measured against the current share price, a sharp drop widens it overnight, while a rally shrinks it just as fast. Readers who follow that chatter can browse our list of undervalued stocks to buy according to Reddit. You may also want to read our ranking of oversold AI stocks where Wall Street analysts are spotting 50%-plus upside.
With inflation, the Fed and AI spending all in play, the stocks below sit where the debate is loudest, and each one carries an average analyst target well above its recent price.
CoreWeave made it to our list because it has an average upside potential of 102% and a market cap of $31.22 billion. CoreWeave's third-quarter report on November 10 eased the funding fears that had weighed on the stock. Revenue rose 168% to $3.66 billion, and the company raised its 2026 revenue forecast to $13.0 billion to $13.3 billion. The CEO said CoreWeave will not use the unsecured debt market at current yields, and Bloomberg reported it plans an investment-grade loan of at least $4 billion. The shares jumped about 25% on Wednesday and gave back about 7% on Thursday.
Bank of America analyst Tal Liani kept his Buy rating and $140 target, writing that "CoreWeave's funding needs are manageable." Others held back, CNBC reported. Morgan Stanley stayed at Equal Weight with a $70 target, while Deutsche Bank kept a Buy rating and a $125 target.
Investors like the demand picture. CoreWeave, which rents Nvidia-powered computing capacity to AI developers, said its backlog grew to $132.5 billion from about $104 billion at the end of June and that it expects adjusted net income to turn positive in the first half of 2028. Our analysis of CoreWeave's balance sheet and its backlog takes up the funding question.
While we acknowledge the risk and 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.
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