
D.A. Davidson downgraded CoreWeave's rating, stating that it is "not worth expanding."
D.A. Davidson stated that the loss-making cloud service provider CoreWeave is "not worth scaling." The reasons for the company's downgrade include limited asset returns, high debt costs, and uncertainty in long-term demand. "Investors regret scaling WeWork, and they may not want to scale this business," analyst Gil Luria wrote in a research report. He downgraded CoreWeave's stock rating from "neutral" to "underperform," while maintaining a target price of $36. According to data compiled by Bloomberg, CoreWeave received "sell" ratings from two analysts, "hold" ratings from eight analysts, and "buy" ratings from seven analysts

