CoreWeave (CRWV) Stock Overview
Operates as a cloud infrastructure technology company in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
CRWV Community Fair Values
Create NarrativeSee what 514 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
US$70
FV
25.5% overvalued intrinsic discount690
users have viewed this narrative3users have liked this narrative
0users have commented on this narrative
44users have followed this narrative
CoreWeave, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$87.85 |
| 52 Week High | US$153.20 |
| 52 Week Low | US$60.55 |
| Beta | 0 |
| 1 Month Change | 22.22% |
| 3 Month Change | -17.04% |
| 1 Year Change | -4.90% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 119.63% |
Recent News & Updates
Narrative Update • Aug 21
CRWV: Heavy Debt And Financing Needs Will Restrain AI Infrastructure Upside
CoreWeave's updated analyst price target has moved higher to reflect raised revenue, margin, and backlog expectations, as analysts point to stronger AI infrastructure demand, larger contracted power additions, and improved profitability guidance across recent Q2 research updates. Analyst Commentary Recent research on CoreWeave reflects a broad range of views, even as many firms increase price targets following the latest Q2 updates.Seeking Alpha • Aug 19
CoreWeave: The Execution Story Is Flashing A Strong Signal (Rating Upgrade)
Summary CoreWeave delivered a standout Q2, converting backlog to sales, expanding margins, and demonstrating operating leverage, shifting my stance to bullish. CRWV’s backlog reached $104.2 billion, with over 50% tied to active contracts, and incremental capacity is achieving higher contribution margins and pricing. Valuation now appears attractive: at $105, CRWV trades at 13.8x forward EV/EBITDA and 5.6x forward cash flow, with 35–43% upside to $140–$150 by 2030. Execution and financing risks remain; massive CapEx and rising debt costs require careful monitoring, but the long-term earnings curve and sector signals support the bull case. Read the full article on Seeking AlphaRecent updates
Narrative Update • Aug 21
CRWV: Heavy Debt And Financing Needs Will Restrain AI Infrastructure Upside
CoreWeave's updated analyst price target has moved higher to reflect raised revenue, margin, and backlog expectations, as analysts point to stronger AI infrastructure demand, larger contracted power additions, and improved profitability guidance across recent Q2 research updates. Analyst Commentary Recent research on CoreWeave reflects a broad range of views, even as many firms increase price targets following the latest Q2 updates.Seeking Alpha • Aug 19
CoreWeave: The Execution Story Is Flashing A Strong Signal (Rating Upgrade)
Summary CoreWeave delivered a standout Q2, converting backlog to sales, expanding margins, and demonstrating operating leverage, shifting my stance to bullish. CRWV’s backlog reached $104.2 billion, with over 50% tied to active contracts, and incremental capacity is achieving higher contribution margins and pricing. Valuation now appears attractive: at $105, CRWV trades at 13.8x forward EV/EBITDA and 5.6x forward cash flow, with 35–43% upside to $140–$150 by 2030. Execution and financing risks remain; massive CapEx and rising debt costs require careful monitoring, but the long-term earnings curve and sector signals support the bull case. Read the full article on Seeking AlphaNarrative Update • Aug 07
CRWV: Rising Debt Costs Will Pressure AI Expansion And Constrain Future Upside
CoreWeave's analyst fair value estimate has been revised lower from $51.41 to $47.45, as analysts factor in a higher discount rate while still modeling slightly stronger revenue growth and modestly higher profit margins, along with a reduced future P/E assumption. Analyst Commentary Recent research on CoreWeave shows a wide range of opinions, with several firms highlighting growth opportunities alongside a cluster of more cautious views.
Narrative Update • Jul 24
CRWV: Backlog Strength And AI Demand Will Outweigh Competition Concerns
CoreWeave's fair value estimate has moved from $202.35 to $230.33 as analysts factor in stronger expectations for AI infrastructure demand, reflected in higher revenue growth assumptions, a slightly lower future P/E, and a higher discount rate to account for execution and competitive risks highlighted in recent research. Analyst Commentary Recent Street research on CoreWeave highlights a wide spread of opinions, but the center of gravity remains tilted toward optimism on the stock's role in the AI infrastructure market, its contract pipeline, and its ability to scale capacity as demand for compute stays elevated.
Narrative Update • Jul 10
CRWV: Backlog And Nvidia Funding Will Support Future AI Capacity Utilization
Analysts have raised their CoreWeave fair value estimate from $133.13 to $142.29, supported by updated assumptions that reflect higher projected revenue growth and margins, a lower modeled future P/E, and ongoing support for the stock in recent research that views the recent selloff and Meta related headlines as overdone for neocloud providers. Analyst Commentary Recent commentary on CoreWeave highlights a clear divide between bullish analysts who see the recent pullback and Meta headlines as an opportunity, and bearish analysts who focus on competitive and balance sheet risks.Narrative Update • Jun 26
CRWV: Heavy Debt Funding For AI Buildout Will Constrain Future Upside
The analyst price target for CoreWeave has been revised modestly, with the fair value estimate moving from $53.68 to $51.41 as analysts factor in higher discount rates, stronger revenue growth, improving profit margin assumptions, and a lower future P/E multiple informed by recent research that highlights CoreWeave's role as a major AI compute provider and key partner in sizeable AI infrastructure deals. Analyst Commentary Street research on CoreWeave currently reflects a mix of optimism around its position in AI infrastructure and growing caution around execution, balance sheet risk, and how much of this story is already reflected in the stock price.
New Narrative • Apr 20
Deep Dive: Assessing the Sustainability of CRWV’s Compute-as-a-Service Model
Deep Dive: Assessing the Sustainability of CRWV’s Compute-as-a-Service Model I’ve been looking into the business model of CRWV and its reliance on high-leverage hardware acquisition. Here’s a breakdown of why the current trajectory might face significant structural headwinds compared to established players.Analysis Article • Jan 16
CoreWeave, Inc. (NASDAQ:CRWV) Stocks Shoot Up 37% But Its P/S Still Looks Reasonable
Those holding CoreWeave, Inc. ( NASDAQ:CRWV ) shares would be relieved that the share price has rebounded 37% in the...Analysis Article • Nov 30
Why We're Not Concerned Yet About CoreWeave, Inc.'s (NASDAQ:CRWV) 44% Share Price Plunge
CoreWeave, Inc. ( NASDAQ:CRWV ) shares have had a horrible month, losing 44% after a relatively good period beforehand...Seeking Alpha • Apr 24
CoreWeave: IPO Stumble Out Of Nasdaq Rodeo Chute May Be An Opportunity
Summary CoreWeave's stock movement is linked to OpenAI's $40B funding from SoftBank and new AI benchmarks with Nvidia chips. Despite current market setbacks, the AI bull market remains intact, with CoreWeave benefiting from AI sector positioning. CoreWeave's IPO debut at $40 per share, backed by Nvidia, offers a long-term bullish outlook despite short-term volatility. Private equity's impact on IPOs has diminished retail investor success, but CoreWeave's smart management and discounted entry price present opportunities. Read the full article on Seeking AlphaSeeking Alpha • Apr 16
CoreWeave: Weak IPO But Growth Ahead
Summary CoreWeave's IPO was underwhelming, but that doesn't reflect the company's fundamentals. CoreWeave's rapid growth in the GPU-as-a-Service market, driven by AI demand, led to significant revenue increases but also high capital expenditures and debt. The company's financial metrics show strong revenue growth but negative free cash flow, due to heavy capital expenditures, necessitating further capital raising. But I think that the market overestimates the risks associated with the company's debt load. My valuation analysis suggests CoreWeave is undervalued, with a fair value estimate of $92 per share, making it an attractive investment, despite high volatility and risks. Read the full article on Seeking AlphaSeeking Alpha • Apr 09
CoreWeave's Moat Is Just Starting
Summary CoreWeave’s revenue skyrocketed from $16M in 2022 to $1.98B in 2024, signaling AI-driven hyperscale momentum. 70%+ of revenue comes from multiyear, fixed-term contracts, securing $15.1B in future commitments through 2028. CoreWeave's high EV/Sales is justified by contracted revenue, infrastructure leverage, and forward EBITDA potential exceeding $1.5B by 2026. CoreWeave’s CapEx-heavy model depends on debt and GPU commitments, exposing it to refinancing risk and shifting AI infrastructure demands. Read the full article on Seeking AlphaShareholder Returns
| CRWV | US IT | US Market | |
|---|---|---|---|
| 7D | -17.1% | -0.6% | -1.2% |
| 1Y | -4.9% | 9.6% | 18.3% |
Return vs Industry: CRWV underperformed the US IT industry which returned 9.6% over the past year.
Return vs Market: CRWV underperformed the US Market which returned 18.3% over the past year.
Price Volatility
| CRWV volatility | |
|---|---|
| CRWV Average Weekly Movement | 15.5% |
| IT Industry Average Movement | 11.4% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: CRWV's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: CRWV's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 2,189 | Mike Intrator | www.coreweave.com |
CoreWeave, Inc. operates as a cloud infrastructure technology company in the United States. The company offers CoreWeave Cloud platform that comprises proprietary software and cloud services that deliver the automation and efficiency needed to manage complex artificial intelligence (AI) infrastructure at scale. It also offers data and storage solutions, such as Local Object Transport Accelerator; infrastructure control solutions, including CoreWeave Kubernetes service; mission control services, including node, rack, and fleet lifecycle management; model and agent development tools comprising Weights & Biases, an AI developer platform; and runtime acceleration.
CoreWeave, Inc. Fundamentals Summary
| CRWV fundamental statistics | |
|---|---|
| Market cap | US$48.45b |
| Earnings (TTM) | -US$1.93b |
| Revenue (TTM) | US$7.59b |
6.4x
P/S Ratio-25.1x
P/E RatioIs CRWV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CRWV income statement (TTM) | |
|---|---|
| Revenue | US$7.59b |
| Cost of Revenue | US$2.47b |
| Gross Profit | US$5.12b |
| Other Expenses | US$7.05b |
| Earnings | -US$1.93b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -3.50 |
| Gross Margin | 67.42% |
| Net Profit Margin | -25.40% |
| Debt/Equity Ratio | 698.1% |
How did CRWV perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/24 07:57 |
| End of Day Share Price | 2026/08/21 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
CoreWeave, Inc. is covered by 51 analysts. 37 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Charles Beale | Arete Research Services LLP |
| Robert Oliver | Baird |
| Raimo Lenschow | Barclays |