HSBC Keeps Reduce Rating on CoreWeave, Sees Over 30% Downside

HSBC maintains its Reduce rating on CoreWeave with a $39 price target, implying roughly 36.5% downside, citing a projected 2026-30 average ROIC of about 8.9% below its borrowing costs and EPS estimates 50-70% below consensus.

2026-10-20 ~ 2026-10-21 · 2 related posts

• HSBC maintains Reduce on CoreWeave with $39 target, sees EPS 50-70% below consensus — SumitGup · 2026-10-20
• HSBC says CoreWeave shares to drop 30%+ as ROIC of 8.9% lags borrowing costs — GaryMarcus · 2026-10-21