CoreWeave (CRWV) vs. Nebius (NBIS): Wall Street Weighs Which AI Infrastructure Stock Has More Upside in 2026

As AI stocks grab headlines, the infrastructure that powers those models is quietly becoming just as important. In this space, CoreWeave (CRWV) and Nebius Group (NBIS) are now among the most talked-about AI infrastructure stocks this year, with both shares surging on strong demand for GPU-powered cloud computing. Using TipRanks' Stock Comparison Tool, we compare the two to see which stock has the stronger growth runway heading into 2026, according to analysts.Claim 50% Off TipRanks Premium and Invest with Confidence Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential Is CRWV Stock a Buy or Sell Now? CoreWeave has quickly become a major AI infrastructure stock since going public in March 2025. Shares are up about 124% so far this year, driven by strong demand for GPU-based cloud computing. Backed by Nvidia's (NVDA) ecosystem, CoreWeave has locked in major contracts with OpenAI (PC:OPAIQ), Microsoft (MSFT), and other large customers. Recently, the stock jumped about 23% on Friday after the company said it joined the U.S. Department of Energy's Genesis Mission to support AI-driven scientific research. That said, Wall Street is only moderately bullish. Analysts point to heavy spending and a rising debt load as key risks, even as revenue growth remains strong. In Q3 2025, the company reported $51.9 million in operating income but $310.5 million in net interest expense, highlighting pressure on profits. Reflecting this mixed view, Citi analyst Tyler Radke recently resumed coverage of CoreWeave with a Buy rating but cut his price target to $135 from $192. He said demand remains solid, with bookings up 270% year-over-year in Q3. However, supply issues and power delays pushed some revenue from late 2025 into early 2026, which has pressured the stock. Even so, Radke expects capacity growth to support faster expansion next year. Is NBIS a Good Stock to Buy Ahead of 2026? Nebius is a European-based AI infrastructure company that has surged about 223% so far this year as demand for AI computing power keeps rising. The company posted strong growth, including a 355% jump in revenue in Q3 2025, and has signed large hyperscaler deals that highlight demand for its GPU cloud services. Still, Nebius is earlier in its growth phase. The company is smaller than CoreWeave and continues to report losses as it spends heavily on data centers and GPUs to scale capacity. Execution risk and high capital needs remain key concerns. Even so, Wall Street remains strongly bullish on the stock. Backing that view, Citizens analyst Greg Miller recently initiated coverage with a Buy rating and a $175 price target. He pointed to Nebius' $17.4 billion-plus GPU-as-a-service contract with Microsoft and a separate $3 billion deal with Meta (META) as signs of strong enterprise demand. Miller also said the company's exit from its Russian-linked businesses removes a major risk and supports its global growth plans. CRWV vs. NBIS: Which AI Infrastructure Stock Offers Higher Upside, According to Analysts? Using TipRanks' Stock Comparison Tool, we compared CoreWeave and Nebius to see which AI infrastructure stock Wall Street currently favors. CRWV carries a Moderate Buy consensus rating, while NBIS is rated a Strong Buy by analysts. Analysts see more upside potential in Nebius, with an average price target of $164.20, implying about 84% upside from current levels. By comparison, CoreWeave's average price target of $133.20 suggests roughly 60% upside.