From Yahoo Finance: 2025-06-18 07:00:00

CoreWeave (CRWV), a newly public AI infrastructure company backed by Nvidia, has seen a 4x increase in its stock price since its March debut, reaching a market cap of $76.1 billion. Despite Bank of America’s cautionary downgrade due to valuation concerns, the stock continues to attract investors and analysts remain moderately optimistic.

In its first-quarter earnings report, CoreWeave posted revenue of $981.6 million, a 420% increase year-over-year, and adjusted EBITDA of $606.1 million with a 62% margin. Major contract wins, including an $11.9 billion deal with OpenAI, and a strategic partnership with IBM, have bolstered CoreWeave’s position in the AI infrastructure market.

With a revenue backlog of $25.9 billion and bold 2025 revenue expectations of $4.9 billion to $5.1 billion, CoreWeave shows strong demand visibility and growth potential. Despite concerns about negative free cash flow projections and valuation, investors seem undeterred, with the stock rising 7.7% after Bank of America’s downgrade.



Read more at Yahoo Finance: CoreWeave Stock Is Too ‘Expensive’ According to Analysts. Should You Sell CRWV Now?