Latest update
$66.03
Updated: Jul 28, 2026, 2:01 PM UTC
Browsing public data
CoreWeave is a cloud infrastructure technology company providing specialized AI compute platforms and services. The company has demonstrated impressive revenue growth, with a YoY increase of 111.6% to $2.1 billion in Q1 2026. Despite this strong top-line performance, CoreWeave faces considerable financial challenges, marked by substantial negative free cash flow of -$4.7 billion in Q1 2026 and a highly leveraged balance sheet with a Debt/Equity ratio of 738.5. Profitability metrics are deeply negative, including a -25.6% profit margin and -6.9% operating margin. The company's valuation is stretched, with a negative forward P/E of -41.6, reflecting the market's anticipation of future profitability rather than current earnings. Liquidity is also weak, with current and quick ratios at 0.3 and 0.2, respectively. Debt service appears challenging given current EBITDA and operating cash figures, which are inadequate relative to the debt load. Shareholder trend is stable, but there have been no positive returns for shareholders yet.
Revenue
The total dollars the company billed customers. When this number grows quarter after quarter, the business is finding more demand.
Latest
↑$2.1B
Q1 2026
The most recent reported figure, in the company's own currency and reporting cadence.
QoQ
↑+32.2%
vs Q4 2025
How much this quarter grew compared to last quarter. Useful for spotting acceleration or slowdown in real time.
YoY
↑+111.6%
vs Q1 2025
How much this quarter grew compared to the same quarter one year ago. Strips out seasonality — a slow holiday quarter looks worse QoQ but normal YoY.
CAGR
•—
insufficient history
The smooth yearly growth rate that gets you from the starting value to the current value. A 100% CAGR over 3 years means the business tripled, on average, each year.
Net income
What's left from revenue after paying every cost — employees, materials, taxes, interest. Sometimes called profit or 'the bottom line.'
Latest
↓-$740M
Q1 2026
The most recent reported figure, in the company's own currency and reporting cadence.
QoQ
•—
vs Q4 2025
How much this quarter grew compared to last quarter. Useful for spotting acceleration or slowdown in real time.
YoY
•—
vs Q1 2025
How much this quarter grew compared to the same quarter one year ago. Strips out seasonality — a slow holiday quarter looks worse QoQ but normal YoY.
CAGR
•—
insufficient history
The smooth yearly growth rate that gets you from the starting value to the current value. A 100% CAGR over 3 years means the business tripled, on average, each year.
Free cash flow
The cash actually left in the bank after the company has paid for everything and reinvested in itself. Harder to fake than net income.
Latest
↓-$4.7B
Q1 2026
The most recent reported figure, in the company's own currency and reporting cadence.
QoQ
•—
vs Q4 2025
How much this quarter grew compared to last quarter. Useful for spotting acceleration or slowdown in real time.
YoY
•—
vs Q1 2025
How much this quarter grew compared to the same quarter one year ago. Strips out seasonality — a slow holiday quarter looks worse QoQ but normal YoY.
CAGR
•—
insufficient history
The smooth yearly growth rate that gets you from the starting value to the current value. A 100% CAGR over 3 years means the business tripled, on average, each year.
| Metric | 3 yr | 2 yr | 1 yr |
|---|---|---|---|
| Revenue | — | — | +111.7% $982M→$2.1B |
| Net income | — | — | — |
| Free cash flow | — | — | — |
P/E TTM
•—
Trailing twelve months. Today's price divided by the last year of actual earnings.
P/E NTM
•-41.6×
Next twelve months. Today's price divided by what analysts expect the company to earn over the coming year.
Profitability
↓Weak
Operating margin (and the wider return profile) tells you how efficiently each dollar of sales becomes profit. High and rising = pricing power; low or falling = the business is grinding.
Share count
→Stable
Are the buybacks outrunning the stock-based comp? A shrinking share count means every existing share owns a bigger slice of future earnings.
Debt load
↓Heavy
Total debt against cash and earnings power (EBITDA). Light debt leaves room to invest and weather downturns; heavy debt shrinks the margin for error.
Debt service
↓Weak
Whether the cash the business generates easily covers its interest and loan payments. Strong here = no forced selling in a bad year.
Cash return at today's price
↓-23.8%
Free cash flow divided by market cap — the cash yield you're getting for the price you pay. Above ~6% is rich, below ~3% is thin. P/E shown when the yield is too small to be useful.
The stock is deeply entrenched in a markdown phase, with price action signaling continued weakness. The technical setup shows persistent negative momentum, significant underperformance, and a lack of buying support, confirmed by contracting volume. Current financial metrics, particularly high debt and negative free cash flow, exacerbate market concerns and contribute to the bearish sentiment. Given these factors, waiting for a clearer turnaround in both price and fundamental outlook is prudent.
Short-term thesis
CoreWeave is strategically positioned as a core provider of specialized AI compute infrastructure, serving as an essential 'overflow valve' for organizations requiring high-end GPUs and power-provisioned data center space beyond what hyperscalers can readily supply. The company's impressive revenue growth validates the strong and increasing demand for its services within the burgeoning AI ecosystem. However, this growth is highly capital-intensive, leading to substantial negative free cash flow and a heavily leveraged balance sheet. The immediate challenge is the company's ability to finance its aggressive expansion while demonstrating a viable path to improved profitability and positive cash generation. While the long-term secular demand for AI compute infrastructure is undeniable, current financial pressures and negative market sentiment highlight investor apprehension regarding the company's operational execution and financial durability during this critical build-out phase.
Long-term exposure
Avoid
The business or valuation backdrop is not ready for long-term conviction.
Entry window
Wait
CoreWeave remains in a strong markdown phase, trading significantly below its daily and weekly key moving averages. Momentum is deeply negative, and there is no indication of buying interest, as volume continues to contract. While long-term demand for AI infrastructure is robust, the immediate price action indicates that the market is heavily discounting the company's financial risks. Investors should continue to avoid initiating new positions and consider defensive actions.
Risk check
Fragile
The downside can widen quickly if this setup goes wrong.
Alignment
Aligned
The weekly weakness matches a poor long-term backdrop.
What supports it
What limits it
Long-term thesis
The increasing scarcity of specialized, power-provisioned Tier-1 data center space and high-end GPUs, driven by explosive growth in generative AI, multi-modal models, and sovereign AI initiatives. CoreWeave is positioned to capture this demand as an essential overflow valve outside of hyperscalers.
Bottleneck Role
CoreWeave acts as a critical 'overflow valve' for AI compute, addressing the scarcity of power-provisioned Tier-1 data center space and access to high-end GPUs, which are essential for advanced AI models among non-hyperscaler clients. Its role is particularly acute for specialized workloads and those requiring flexible, dedicated GPU access beyond what hyperscalers readily provide.
Consensus Blind Spot
The market may be underestimating CoreWeave's long-term capture potential due to an overemphasis on current negative profitability and high debt. The sheer scale and speed of AI demand growth might create a pricing environment that rapidly improves CoreWeave's unit economics and free cash flow generation once critical mass is achieved. The difficulty of hyperscalers to quickly adapt and build out specialized infrastructure at the required pace creates an enduring niche for CoreWeave that traditional valuation metrics might not fully appreciate.
Demand Gap
The demand gap exists between the explosive growth in AI model development and deployment, and the limited supply of specialized, high-performance computing infrastructure (especially high-end GPUs and suitable data centers) capable of supporting these intense workloads efficiently. This gap is particularly pronounced for non-hyperscaler businesses needing flexible, dedicated, and cost-effective access.
Demand to Equity Scenarios
Slower-than-expected AI adoption or increased competition from hyperscalers consolidating market share.
Demand
-20%
Earnings
-50%
Equity implication
-40%
Reduced demand for specialized AI infrastructure, leading to lower utilization rates and pricing pressure.
Continued strong growth in AI adoption, particularly from companies requiring specialized compute, with CoreWeave maintaining its niche.
Demand
+30%
Earnings
+30%
Equity implication
+25%
Steady utilization and growing revenue, but continued need for capital expenditure and slow progress towards profitability.
Explosive growth in generative AI, sovereign AI initiatives, and multi-modal models driving acute scarcity in compute, with CoreWeave capturing outsized market share.
Demand
+100%
Earnings
+100%
Equity implication
+75%
High utilization, strong pricing power, and increasing operating leverage accelerate path to profitability and positive free cash flow.
Dependency Chain
Repricing Triggers
Must be true
Thesis broken if
What changed
Signal
Conviction
Long term
Stock
Added since last run
5No longer flagged
0Nothing dropped this run
The prior call to WAIT in a SELL cycle was correct, as the stock has continued its significant decline, trading well below key moving averages with negative momentum. The reasoning that the price action signaled further downside risk was accurate.
Jul 28, 2026
LatestUpdated Jul 28, 2026, 2:01 PM UTC
Price at review
$66.03
CoreWeave remains in a strong markdown phase, trading significantly below its daily and weekly key moving averages. Momentum is deeply negative, and there is no indication of buying interest, as volume continues to contract. While long-term demand for AI infrastructure is robust, the immediate price action indicates that the market is heavily discounting the company's financial risks. Investors should continue to avoid initiating new positions and consider defensive actions.
Jul 16, 2026
Updated Jul 16, 2026, 8:45 PM UTC
Price at review
$72.91
CoreWeave continues to face strong selling pressure, breaking down from previous support levels. The price is now significantly below both its daily and weekly key moving averages, indicating a clear markdown phase. Momentum is deeply negative, and contracting volume suggests a lack of buying interest. While the long-term AI narrative remains strong, the current price action signals further downside risk or prolonged consolidation before any meaningful reversal.
Jun 12, 2026
Updated Jun 12, 2026, 9:58 AM UTC
Price at review
$95.74
The stock has fallen below its weekly and daily 21 EMA, indicating a clear bearish trend. Volume is contracting, suggesting buyers are currently on the sidelines. The current price action suggests a potential test of lower support levels is likely before any significant accumulation can occur.
Jun 5, 2026
Updated Jun 5, 2026, 9:38 AM UTC
Price at review
$108
Expect continued sideways to slightly lower movement as the stock tests the resolve of long-term holders.
May 29, 2026
Updated May 29, 2026, 8:43 AM UTC
Price at review
$107
The stock is stuck between two major levels and lacks a clear direction. Expect choppy movement until it can stay above the recent high or falls below support.
May 13, 2026
Updated May 13, 2026, 5:38 PM UTC
Price at review
$112
The stock is struggling to move higher even on positive days. Wait for a clear sign that buyers are stepping back in with force.