NBIS, CRWV, IREN: Why Are These AI Infrastructure Stocks Up Today

2026-03-11 15:42:59

Shares of AI cloud infrastructure companies **Nebius **NBIS +13.01% ▲ , **CoreWeave **CRWV +7.43% ▲ , and **IREN **IREN +7.08% ▲ jumped today after reports that Nvidia plans to invest $2 billion in Nebius to help expand AI computing infrastructure. The news sent Nebius shares up about 14% and also lifted peers CoreWeave and IREN.

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Nebius operates large-scale data centers designed for AI training and inference workloads. The company’s platform allows customers to access clusters of high-performance GPUs without building their own infrastructure. Nvidia’s planned investment is expected to support the expansion of Nebius’ AI computing capacity, including the deployment of new data center infrastructure designed to run Nvidia hardware.

CoreWeave also rode the momentum, with shares climbing about 7.5%. The company runs a specialized AI-focused cloud platform built around Nvidia GPUs and provides computing capacity to developers building AI models. Demand for this type of infrastructure has been rising as companies look for ways to train increasingly complex AI systems without investing in massive in-house data center builds.

IREN also moved higher in tandem with the sector, with shares climbing ~7%. The company, previously known primarily for its Bitcoin mining operations, has been expanding into AI data center hosting. The company’s facilities provide the power and infrastructure required to operate GPU clusters used for artificial intelligence workloads. That transition has positioned the company alongside other firms seeking to supply the computing backbone needed for AI development.

The broader narrative tying the stocks together is the rapid buildout of infrastructure needed to support advanced AI systems. Training and running those models requires massive computing resources, and companies such as Nebius, CoreWeave, and IREN are attempting to capture demand from organizations that need access to large GPU clusters.

Are NBIS, CRWV, and IREN Stocks Worth Buying?

Wall Street sentiment toward NBIS remains strongly positive. The stock carries a Strong Buy consensus rating based on 7 recent analyst reviews, including 6 Buys and 1 Hold. The average 12-month price target stands at $150.86, implying a 36% upside from current levels. (See NBIS stock forecast)

Analysts are also constructive on CRWV, though the consensus is slightly more mixed. The stock currently holds a Moderate Buy rating based on 12 Buys, 9 Holds, and just 1 Sell. The average price target stands at $113.45, suggesting a ~39% upside potential. (See CRWV stock forecast)

Meanwhile, IREN is also drawing favorable sentiment from analysts as it transitions from Bitcoin mining toward AI infrastructure hosting. The stock carries a Moderate Buy consensus rating based on 8 Buys, 2 Holds, and a single Sell. The $79.78 average 12-month price target points to about 93% upside from current levels. (See IREN stock forecast)

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