Stock Market Today, April 13: CoreWeave Surges on Analyst Upgrade and AI Contract Momentum

By Howard Smith – Apr 13, 2026 at 4:47PM ESTExpandNASDAQ: CRWVCoreWeaveToday's Change(8.06%) $8.22Current Price$110.22Key Data PointsMarket Cap$54BDay's Range$103.88 - $114.0952wk Range$33.52 - $187.00Volume2.2MAvg Vol27MGross Margin47.77%CoreWeave (CRWV +8.06%), a cloud-based GPU infrastructure provider for AI developers, closed Monday at $110.29, up 8.13%. The stock climbed after a Macquarie upgrade and higher price target. After two big announcements last week, investors are watching execution on AI infrastructure contracts as well as leverage from recent financings.Trading volume reached 53.3 million shares, coming in about 92% above its three-month average of 27.7 million shares. CoreWeave IPO'd in 2025 and has grown 176% since going public.How the markets moved todayThe S&P 500 (^GSPC +1.02%) added 1.01% to finish Monday at 6,886, while the Nasdaq Composite (^IXIC +1.23%) gained 1.23% to close at 23,184. Among technology names, Nvidia (NVDA +0.29%) closed at $189.31 (+0.36%) and Microsoft (MSFT +3.64%) finished at $384.37 (+3.64%), as investors assessed AI infrastructure demand and cloud spending trends.What this means for investorsAfter surging on several items of news last week, Wall Street analysts chimed in helping to send CoreWeave stock higher again to start the new trading week. Macquarie upgraded CoreWeave to the equivalent of a buy rating and raised its price target from $90 to $125 per share.Large AI cloud infrastructure deals were announced last week with Meta Platforms (META +0.76%) and Anthropic. CoreWeave also announced an upsized offering of $3.5 billion in convertible notes to help fund AI infrastructure buildout. Among other analysts, D.A. Davidson raised its price target to $175 per share, while Cantor Fitzgerald maintained its "overweight" rating and set a target of $149, highlighting major AI contracts as crucial growth factors despite concerns about leverage.Read NextApr 13, 2026 •By Billy DubersteinWhy CoreWeave Rallied on MondayApr 12, 2026 •By Parkev Tatevosian, CFAMassive News for CoreWeave Stock InvestorsApr 11, 2026 •By David Jagielski, CPAAfter Reaching a Deal With Anthropic, Is CoreWeave Proving to Be the Ultimate Artificial Intelligence (AI) Stock to Own?Apr 10, 2026 •By Howard SmithStock Market Today, April 10: CoreWeave Jumps After Multi-Year AI Cloud Deal With AnthropicApr 10, 2026 •By Howard SmithWhy Did CoreWeave Stock Surge This Week?Apr 10, 2026 •By Jeremy BowmanWhy CoreWeave Stock Popped Again TodayAbout the AuthorHoward Smith is a contributing Motley Fool stock market analyst covering technology and industrial stocks. Prior to The Motley Fool, Howard spent nearly 30 years supervising quality and operations in the steel industry, mostly with leading steel company Nucor. He holds a bachelor’s degree in metallurgical engineering from Lafayette College and a master’s degree in environmental engineering from Johns Hopkins University.TMFBuilt2LastStocks MentionedCoreWeaveNASDAQ: CRWV$110.22(+8.06%)+$8.22NvidiaNASDAQ: NVDA$189.17(+0.29%)+$0.54MicrosoftNASDAQ: MSFT$384.38(+3.64%)+$13.51*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.