[Morgan Stanley Maintains CoreWeave Equal-weight Rating, Target Price $99] According to Trend Research, Morgan Stanley's report highlights that CoreWeave added 500MW of capacity in a single quarter, with management reaffirming its goal of reaching 8GW by 2030. FY26 revenue guidance midpoint has been raised to $12.4 billion to $13.2 billion, and ARR guidance midpoint has been raised to $18.5 billion to $19.5 billion. The company increased its full-year capital expenditure guidance midpoint to $35.5 billion to $39 billion, with Q3 capital expenditure guidance at $11.5 billion to $13.5 billion, exceeding the market expectation of $10 billion. Managed Inference platform ARR grew from $1 million to over $100 million, with an expected year-end figure of $250 million. Morgan Stanley estimates CoreWeave's debt will increase to approximately $38 billion by the end of 2026, maintaining an Equal-weight rating and a target price of $99.