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Core weave stock price despite recent profit-taking
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Despite recent profit-taking, CoreWeave stock price remains above the 50-day moving average, keeping the medium-term trend intact. Analysts advise monitoring sector ETF flows as a correlation guide. With an expense ratio of 0.45%, the ETF offers exposure stocks with a focus on hydrogen production and generation, storage and supply, fuel cells and batteries, in addition to systems, solutions, membranes and catalysts. CoreWeave is not the only company capitalizing on the neocloud opportunity. Nebius Group recently secured a $17 billion deal with Microsoft , while Oracle signed a staggering $300 billion arrangement with OpenAI, the developer of ChatGPT. Even Iren , which was once focused on Bitcoin mining, is beginning to repurpose its power infrastructure to host Nvidia accelerators -- a move that highlights the economic convergence between energy and compute. The latest CoreWeave stock price forecast from equity research teams points to potential upside toward $26 within two quarters, contingent on stable macro conditions and continued expansion of data center capabilities.