Shares of CoreWeave and Super Micro Computer climbed premarket on Wednesday after upbeat forecasts from the two AI infrastructure companies reinforced demand expectations for computing capacity.
CoreWeave, Inc. (CRWV) Q2 2026 Earnings Call Transcript
CoreWeave NASDAQ: CRWV reported second-quarter 2026 revenue of $2.6 billion, up 112% from a year earlier and 24% sequentially, as demand for its AI cloud infrastructure continued to exceed available capacity. The company also raised its full-year revenue and operating-income outlook, citing faster capacity deployment, higher pricing and expanding margins on newer customer contracts.
CoreWeave (CRWV) came out with a quarterly loss of $1.03 per share versus the Zacks Consensus Estimate of a loss of $1.13. This compares to a loss of $0.27 per share a year ago.
CoreWeave (CRWV) shares are ripping higher in extended hours after the company posted market-beating Q2 earnings, citing accelerating artificial intelligence (AI) infrastructure demand. The Livingston-headquartered firm more than doubled its revenue to $2.58 billion, on a per-share loss of $1.14 – much better than $1.41 a share that analysts had forecast.
Gil Luria, head of technology research at D.A. Davidson, reacts to CoreWeave topping analysts' estimates for second-quarter sales after signing up more customers in a booming market, with sales more than doubling to $2.58 billion.
Mounting order book of $104 billion shows strong demand for cloud computing despite infrastructure challenges and AI-bubble fears.
CoreWeave reported stronger-than-expected revenue for the second quarter. The AI cloud provider announced business with Anthropic and Meta in the quarter.
Investors have made clear they now want to see spending convert to cash.
CoreWeave Inc (NASDAQ:CRWV) is scheduled to report second-quarter earnings after the close Today.
CoreWeave Inc (NASDAQ:CRWV) reports second-quarter earnings tonight, with Jefferies maintaining a Buy rating and $150 price target even as it flags that a major profitability inflection is still months away. CoreWeave shares have climbed roughly 45% since hyperscaler earnings reaffirmed insatiable demand for AI compute.
Stock futures are pointing slightly higher after a sluggish start to the week, as investors await the release of several AI-related earnings reports after the closing bell; oil prices are wavering as hopes of an Iran deal have faded; Intel raised its stock offering to $20 billion from $15 billion; shares of Riot Platforms are soaring after the crypto miner-turned cloud computing firm inked a big deal with Anthropic; and it's a busy day of earnings. Here's what you need to know today.