{
  "id": 12643432,
  "title": "Evercore ISI maintains CoreWeave stock rating on India expansion",
  "url": "https://urgent.news/2026/10/07/evercore-isi-maintains-coreweave-stock-rating-on-india-expansion",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T14:24:54.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/evercore-isi-maintains-coreweave-stock-rating-on-india-expansion-93CH-4937031"
  },
  "original_language": "en",
  "account": "Evercore ISI has maintained its Outperform rating and $150.00 price target for CoreWeave (NASDAQ:CRWV) following the company's announcement of entering the Indian market. CoreWeave's stock is currently trading at $88.97, which is significantly below the analyst target and InvestingPro's Fair Value of $109.46, indicating potential undervaluation despite ambitious expansion plans. In a strategic move, CoreWeave has collaborated with AdaniConneX to add 240 megawatts of data center capacity at the Taloja campus in Navi Mumbai, bringing the company's total capacity to over 1.5 gigawatts with a target of 8 gigawatts. CoreWeave will be the sole tenant in three 80-megawatt buildings featuring NVIDIA Vera Rubin for AI-related workloads. The first phase of the project is set to be operational by mid-2028, with further expansions planned. The company aims to establish an Indian office and hire local talent to support customers and partners. This expansion follows CoreWeave's recent entry into Indonesia and further diversifies its global presence across North America, Europe, and Asia-Pacific. CoreWeave remains a key player in the IT Services industry, with analysts projecting continued sales growth. Investors can access a Pro Research Report on CoreWeave, along with 11 ProTips, to better comprehend the company's growth trajectory.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "CoreWeave plans to expand footprint to India with 240MW of capacity in Navi Mumbai",
        "url": "https://urgent.news/2026/10/07/coreweave-plans-to-expand-footprint-to-india-with-240mw-of-capacity",
        "published": "2026-10-07T13:28:23.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}