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Wall Street projects nearly 75% upside for CoreWeave and Cerebras Systems over next 12 months following stock declines

Nasdaq +1 ·

CRWV CoreWeave Inc
$82.08 +0.61%
View chart & analysis →
CBRS -2.23%
  1. 1CoreWeave shares have recorded a 37% decline since early May.
  2. 2Cerebras Systems' second-quarter cloud and services revenue surged over 200% to $126 million.
  3. 3Wall Street analysts project nearly 75% upside for CoreWeave and Cerebras Systems over the next 12 months.

So what's the key point?

CoreWeave shares have dropped significantly, but Cerebras Systems saw revenue grow by more than 200%. Experts expect the stocks of both companies to rise by about 75% in the future.

Source Nasdaq +1 · View original ↗

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