The stock is choppy as investors weigh record-breaking demand against widening losses.
The cloud provider reported a loss of $740 million as operating expenses rose to $2.22 billion, outpacing revenue growth.
CoreWeave exceeded analysts' estimates for revenue in the first quarter. The company has been raising billions of dollars in debt to finance its data center buildout as it serves the leading AI model developers.
CoreWeave, Inc. reports its Q1 print this Thursday, and two things are in focus post-78% YTD run: FY26 guidance revisions and CapEx outlook. We're expecting a for sure raise to FY26 outlook from $12B-$13B following the three deals announced in April, and still see upside on the Vera Rubin ramp in Q3. That said, we worry that upward CapEx revisions will precede a strong enough Q2 outlook and spook investors after the intra-quarter run.
The 2026 Q1 earnings season has been very positive so far, with growth for S&P 500 members that have reported so far remaining rock-solid. This week's reporting docket has several companies related to the AI frenzy on deck, including CoreWeave CRWV.
CoreWeave stock strengthens after a bullish breakout, with multiple technical signals pointing to continued upside as investors look toward earnings for confirmation of momentum.
CRWV gears up for Q1 2026 results with surging AI demand, massive backlog and heavy investments, but profitability pressures and debt loom large.
AI infrastructure leader CoreWeave has explosive revenue growth and a massive backlog.
CoreWeave (CRWV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors seemed to have hit the panic button when it came to shares of CoreWeave (NASDAQ:CRWV), which shed just over 60% of its value at its worst point.
The CBOE Volatility Index (^VIX) is trading near 18.84, below the psychologically sensitive 19 threshold and down 2.4% on the session, pushing the fear gauge below the 20 line even as the S&P 500 sits at all-time highs.
Nebius and CoreWeave have close ties to Nvidia. Both expect their revenue to at least double this year.