This Artificial Intelligence (AI) Stock Could Soar by 63%, According to Wall Street
It has lagged broader equities so far this year.
Wall Street's experts are divided on whether the artificial intelligence bubble will soon burst or continue to grow. Some argue that the industry's recent rapid growth cannot last, while others point to AI infrastructure spending as a sign of a stronger future. For those who remain optimistic about AI's potential, one stock to consider is CoreWeave (NASDAQ:CRWV), a company that provides AI computing capacity for rent.
Wall Street appears optimistic about CoreWeave's prospects, with an average price target of $141.39 per share (according to Yahoo! Finance) suggesting a potential 63% increase from its current price. However, investors may need to decide whether the risks are worth the potential rewards.
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