Analysts See Strong Upside From AI Compute DemandGF Securities initiated coverage on CoreWeave with a Buy rating and a $162 price forecast, citing the company's early GPU deployment advantage, dedicated AI infrastructure focus, and long-term agreements with major hyperscalers.The firm also said declining financing costs and improving GPU rental pricing could provide additional upside as AI-compute demand continues to expand.Deutsche Bank Highlights Backlog Growth And AI ExpansionDeutsche Bank reiterated its Buy rating and $135 price forecast, arguing that rising AI infrastructure spending continues driving public-cloud revenue and backlog growth across the industry.The bank noted that while upfront investments and AI infrastructure services have pressured margins sectorwide, CoreWeave still maintains a 69% gross profit margin despite ongoing losses tied to aggressive expansion efforts.AI Infrastructure Boom Continues Supporting CoreWeaveCoreWeave operates a cloud infrastructure platform built around NVIDIA Corp (NASDAQ:NVDA) GPUs and AI-focused hardware designed to support large language models, AI training, and inference workloads.Investors increasingly view the company as a key "pick-and-shovel" provider in the AI boom, as rising demand for high-performance GPU compute continues creating bottlenecks across the broader AI ecosystem. Analysts also see the opportunity expanding beyond hyperscalers into enterprise and sovereign AI deployments.Earnings & Analyst OutlookLooking further out, the next major catalyst for the stock arrives with the August 11, 2026 (estimated) earnings report.