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Bank of America downgrades hot IPO and Nvidia derivative CoreWeave, citing valuation

CNBC: Investing

"However, with stock trading at 25x CY27e EBIT, a premium to the peer group at 16x, we believe much of the upside is priced in." Skip Navigation Markets Pre-Markets U.S. " CoreWeave went public in late March. CoreWeave's $1.5 billion initial public offering raise marked the largest tech offering on Wall Street since 2021.

IPO 101
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Wall Street loves this recent IPO with one analyst calling it the ‘social network trading platform’

CNBC: Investing

The stock opened that day at $69.69, or 34% above its IPO, and closed up nearly 29% at $67 per share. The overwhelming positive sentiment from Wall Street has rewarded the company's decision to go public after a lengthy dry spell for IPOs. Here's what analysts at some of the biggest shops on Wall Street had to say on the IPO.

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Analysts move to the sidelines on CoreWeave stock after big surge since IPO

CNBC: Investing

Its initial public offering earlier this year was the biggest technology IPO since 2021. Skip Navigation Markets Pre-Markets U.S. Analysts at Mizuho Securities and Stifel downgraded the artificial intelligence cloud computing stock to hold in the last 24 hours. above CoreWeave's Monday close.

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Wall Street strategist Tom Lee is aiming to create the MicroStrategy of Ethereum

CNBC: Investing

In this article BMNR BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 4:37 04:37 Fundstrat's Tom Lee on being named chairman of BitMine Immersion Technologies Squawk Box Fundstrat's Tom Lee is joining a little known bitcoin miner aiming to become the biggest publicly traded holder of ether.

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Goldman Sachs says buy these five stocks that are set to rally

CNBC: Investing

Skip Navigation Markets Pre-Markets U.S.

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Finding opportunities in alternative asset managers and a bearish call on the U.S. dollar

CNBC: Investing

He added: "Post-election about six months ago, there was a lot of enthusiasm about these stocks on the view that higher asset prices and more capital markets activity like IPOs and M & A would boost these stocks. dollar with trade policy as a continued headwind. Skip Navigation Markets Pre-Markets U.S. securities.

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Buy Cisco as it trades at an 'undemanding' valuation, says Deutsche Bank

CNBC: Investing

" Further, Cisco stock trades at a roughly 25% discount to the broader S & P 500, which represents an attractive entry point for investors, he said. Skip Navigation Markets Pre-Markets U.S. Shares have advanced about 11% so far in 2025.