CoreWeave Delivers Fantastic News for Nvidia Stock Investors | NVDA Stock Analysis | CRWV Stock

Parkev Tatevosian, CFA•Sep 12, 2026

Summary

Parkev analyzes the recent performance and demand forecasts for Coreweave, a specialized cloud provider, and its implications for Nvidia. Parkev explains that Coreweave is currently struggling to meet demand, with every available GPU being sought by multiple clients, creating a bidding war environment that drives prices higher. Because Nvidia is the exclusive supplier of advanced GPUs to Coreweave and holds an 11.5% equity stake in the company, Parkev highlights that Nvidia benefits doubly from this growth through both product sales and equity appreciation. Parkev emphasizes that the broader AI industry, including major players like Microsoft and Amazon, is expected to remain in a supply-constrained state until at least the end of 2027.

NVDA: Parkev identifies Nvidia as significantly undervalued, calculating a fair value of $338 per share against a current market price of $218. Parkev points out that Nvidia's forecast of 70% revenue growth for fiscal year 2028 (calendar year 2027) is actually conservative, as management indicated sales would be much higher if supply were not constrained. Parkev ranks Nvidia as the best stock to buy for 2026 and maintains it as a core position in the portfolio of Parkev.

COREWEAVE: Parkev values Coreweave at $11 per share, which Parkev considers slightly undervalued compared to the current market price of approximately $8.09. Parkev notes that Coreweave's second-quarter sales surged by 112% year-over-year and that the company maintains a massive $14 billion backlog. Parkev ranks the stock as a buy due to the 10-15% margin of safety and the raised revenue guidance of $12.4 to $13.2 billion for 2026.

MU: Parkev mentions Micron as the next critical indicator for AI stock investors, with an upcoming earnings report scheduled for September 30th. Parkev plans to provide live coverage of these results to assess the continued health of the AI hardware ecosystem. Parkev suggests that following Micron is essential for understanding the memory supply chain's role in the ongoing AI boom.

Mentioned Stocks

NVDA

Sentiment: BUYAction: RECOMMENDED

Reasoning: Parkev calculates a fair value of $338 for Nvidia stock compared to the current price of $218, representing 55% upside. Parkev notes that Nvidia is a strategic shareholder in Coreweave with an 11.5% stake, allowing Nvidia to profit from both GPU sales and equity growth. Parkev argues that Nvidia is currently supply-constrained and would see even higher than the forecasted 70% revenue growth if demand could be fully met.

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COREWEAVE

Sentiment: BUYAction: RECOMMENDED

Reasoning: Parkev values Coreweave at $11 per share and considers it slightly undervalued relative to the current price of approximately $8.09 (applying a 10-15% margin of safety). Parkev highlights the 112% surge in second-quarter sales and a growing backlog of $14 billion as evidence of massive demand. Parkev also notes that Coreweave's management raised the full-year 2026 revenue guidance to a range between $12.4 billion and $13.2 billion.

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