Bank of America has revised its price targets on AI infrastructure giants, CoreWeave (CRWV) and Nebius Group (NBIS), despite recent losses. The bank reiterated a Buy rating on CoreWeaving and Nebios, with a $100 price target and a 30% upside. Despite recent losses, BofA analysts believe the relentless AI buildout is still not fully priced in. Both companies are expected to deliver on their lofty goals over the next few years, with CoreWeaves expected to grow sales by 144% in 2026 and 86% in 2020. However, Nebius is aiming to take that pipeline past 3GW, backed by triple-digit revenue expansion off a smaller base. The rise of AI-optimized infrastructure is seen as a structural shift in how cloud infrastructure is consumed.