Nvidia-backed CoreWeave targets $2.7B raise in IPO, with strong retail interest.

From Stocktwits: 2025-03-25 01:40:00

CoreWeave is preparing for its IPO with a price range of $45-$55, potentially valuing the company at $27 billion to $32 billion. The stock stream on Stocktwits has gained nearly 900 followers ahead of the debut, with retail sentiment remaining ‘extremely bullish’ at 83/100. A watcher suggested the company could be worth $100 billion based on a peer’s valuation. CoreWeave reported $1.9 billion in revenue in 2024, with a net loss of $863 million. The IPO prospectus lists partners including Nvidia, IBM, Meta, Microsoft, Mistral AI, and OpenAI. Retail sentiment towards the IPO remains positive, citing cloud infrastructure as key to AI growth.



Read more at Stocktwits: Nvidia-Backed AI Cloud Firm Sees Strong Retail Interest As It Targets $2.7B Raise