Argus Research maintains CoreWeave at Buy, lowers price target to $100 from $150

What happened

Argus Research kept its Buy rating on CoreWeave but cut its price target to $100 from $150, a 33.3% reduction. The article says the new target implies 64.6% upside from CoreWeave’s Nov. 11 closing price of $60.77.

Confirmed

Global impact / market context

The lower target signals that Argus sees less potential value in CoreWeave than before, even while retaining its Buy rating. If investors respond by reassessing expected returns, their buying or selling could affect the company’s share price and its ability to raise money through shares.

Analyst inference

Recent analyst views are mixed: the five notes cited set targets from $45 to $149, with ratings ranging from Buy and Outperform to Neutral and Hold. That spread indicates differing expectations, so Argus’s lower target is one view rather than a shared conclusion.

Confirmed

What to watch

1. Check whether Argus provides further reasons for the cut; the article gives no explanation, so the change alone does not show what assumptions drove its valuation. Analyst inference
2. Compare subsequent analyst ratings and targets with the cited $45–$149 range to see whether views converge or remain divided; the article reports five recent notes. Analyst inference
3. Watch CoreWeave’s share price against Argus’s $100 target and the cited Nov. 11 close of $60.77; the stated 64.6% upside is based on that close. Confirmed

Evidence

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