CoreWeave shares rose in premarket trading Monday after Goldman Sachs upgraded the AI infrastructure provider to Buy from Neutral, arguing that investors may be overstating financing risks and underestimating potential returns from its computing investments. Analyst Gabriela Borges cut her price target to $106 from $139 but sees substantial upside following a sharp selloff. The stock fell 24% over the five trading sessions through last week and is down 43% since the company’s August 11, 2025, Q2 earnings report. The decline reflects concerns about credit-market volatility, rising financing costs for CoreWeave’s next expansion phase, uncertainty surrounding demand for advanced AI models, and whether changing AI workloads could affect customers’ ability to monetize computing capacity. Goldman expects CoreWeave’s annual recurring revenue (ARR) per megawatt of computing capacity to increase over the next two years. $CRWV