Deutsche Bank maintained its buy rating on CoreWeave despite a 15% stock drop on October 14, 2026, falling to $65.78 per share. The yields on the company’s $1.25 billion unsecured notes due 2032 are approaching 15%, raising investor concerns about its financing capacity. CoreWeave reported a revenue backlog of $104.2 billion in Q2 2026 and secured over $25 billion in net-new customer commitments in Q3. Deutsche Bank raised its price target to $150 from $135, believing the selloff overshot the company’s fundamentals. CoreWeave, originally an Ethereum miner under the name Atlantic Crypto, faces quarterly interest expenses of $640 million against a net loss of $626 million.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
