Mizuho cuts target to USD 88.00 for CoreWeave stock

Published on 10/15/2026 at 19:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CoreWeave revenue reached USD 2.58 billion in Q2 2026, up 112.00 percent year over year. CoreWeave stock costs EUR 59.48 on October 15, 2026.

Analyst target and revenue

Mizuho lowered its CoreWeave target from USD 115.00 to USD 88.00 on October 15, 2026.
Second-quarter revenue reached USD 2.58 billion, up 112.00 percent year over year.
CoreWeave stock costs EUR 59.48 at Lang & Schwarz on October 15, 2026 at 7:11 p.m. CEST.
CoreWeave had a USD 36.5 billion market capitalization and a P/E of -18.30 as of October 15, 2026.

CoreWeave, US21873S1087, Illustration mit AI erstellt.

Mizuho analyst Gregg Moskowitz lowered the target for CoreWeave from USD 115.00 to USD 88.00 on October 15, 2026, while keeping a Neutral rating, according to Beinsure. Against the USD 66.36 primary-market price at the same date, the revised target stands 32.61 percent higher. CoreWeave stock was trading at EUR 59.48 at Lang & Schwarz on October 15, 2026 at 7:11 p.m. CEST.

Second-quarter revenue reached USD 2.58 billion

CoreWeave's second-quarter revenue reached USD 2.575 billion for the period ended June 30, 2026, up 112.00 percent from the same quarter a year earlier. Beinsure also reported a USD 626 million net loss and adjusted EBITDA of USD 1.51 billion for that quarter.

The combination gives the analyst revision two sides. Revenue is scaling quickly, but the loss and financing burden keep the stock sensitive to the cost of expanding AI capacity.

Price sits below the yearly high

On Nasdaq, CoreWeave was last quoted at USD 66.36 on October 15, 2026 at 1:18 p.m. ET. The same quote showed a 52-week range of USD 59.51 to USD 150.40, placing the price 55.88 percent below the high and 11.51 percent above the low. Trading volume reached 85,359,162 shares against an average volume of 29,656,662 shares.

The euro quotation at Lang & Schwarz places the German investor view in after-hours trading. The Nasdaq quotation remains separate because the two prices use different currencies and venues.

Valuation and upcoming results

CoreWeave had a market capitalization of USD 36.5 billion and a trailing P/E of -18.30 as of October 15, 2026. The company investor page identifies CoreWeave as listed on Nasdaq under CRWV and shows quarterly results for the second quarter of 2026.

The latest analyst picture remains divided. Beinsure reported that Deutsche Bank kept a USD 150.00 target, while Bernstein retained an Underperform rating with a USD 74.00 target on October 15, 2026. Those targets frame a wide range of assumptions around demand, financing costs and cash generation.

Comparison with peers

CoreWeave: P/E -18.30, market capitalization USD 36.5 billion

Equinix (Nasdaq, USD): minus 0.43 percent, P/E 63.82, market capitalization USD 97.8 billion

Nebius Group (Nasdaq, USD): minus 3.66 percent, P/E -1,381.69, market capitalization USD 43.0 billion

What the numbers mean

CoreWeave combines high reported growth with a valuation profile shaped by losses and heavy infrastructure spending. The revised Mizuho target of USD 88.00 is above the primary-market price, but it is materially below the firm's earlier USD 115.00 target.

CoreWeave stock costs EUR 59.48 at Lang & Schwarz on October 15, 2026 at 7:11 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of CoreWeave stock.