Core Financial Performance - CoreWeave reported a revenue of $1.21 billion for the second quarter, exceeding expectations of $1.08 billion, and more than tripling from $395.4 million a year earlier [1][5] - The company registered a net loss of $290.5 million, an improvement from a loss of $323 million in the same quarter of 2024 [1][2] - The operating margin decreased to 2% from 20% a year ago, primarily due to $145 million in stock-based compensation costs [2] Business Developments - CoreWeave highlighted an expansion in its business relationship with OpenAI, a significant client and investor [2] - The company acquired Weights and Biases, a startup focused on AI model monitoring, for $1.4 billion [2] Market Performance - CoreWeave shares fell approximately 6% in extended trading despite the strong revenue performance [1] - The stock was trading at $148.75, resulting in a market capitalization of over $72 billion, following its IPO where it raised $1.5 billion by selling 37.5 million shares at $40 each [3] Future Outlook - A data center project with a capacity of up to 250 megawatts is scheduled for delivery in 2026 [4] - Management will discuss the financial results and provide guidance during a conference call [4]

Revenue Growth - Second Quarter 2025 revenue reached $1,212,788, a 206% increase from $395,371 in the same quarter of 2024[3] - Revenue for the three months ended June 30, 2025, was $1.21 billion, up from $395.37 million in the same period of 2024, representing a growth of 206%[26] - Revenue backlog as of June 30, 2025, was $30.1 billion, indicating strong future revenue potential[5] Operating Performance - Operating income for the second quarter was $19,209, with an operating income margin of 2%, down from 20% in Q2 2024[3] - Adjusted operating income for Q2 2025 was $199,788 thousand, up from $85,381 thousand in Q2 2024, with an adjusted operating income margin of 16% compared to 22% in the prior year[28] - The company reported a net cash used in operating activities of $251.25 million for the three months ended June 30, 2025, compared to $117.82 million in the same period of 2024[23] Profitability Metrics - Adjusted EBITDA for the quarter was $753,169, representing a margin of 62%, slightly down from 63% in Q2 2024[4] - Adjusted EBITDA for the three months ended June 30, 2025, was $753.17 million, compared to $249.84 million in the same period of 2024, indicating a significant increase of 201%[26] - The net loss margin for the three months ended June 30, 2025, was 24%, an improvement from 82% in the same period of 2024[26] Net Loss and Financial Position - Net loss for the second quarter was $290,509, with a net loss margin of 24%, improved from 82% in Q2 2024[3] - Net loss for the three months ended June 30, 2025, was $290.51 million, an improvement from a net loss of $323.02 million in the same period of 2024[23] - The company’s total stockholders' equity improved to $2.66 billion as of June 30, 2025, from a deficit of $413.60 million at the end of 2024[21] Debt and Financing - CoreWeave raised $2 billion in Senior Unsecured Notes at 9.25% due 2030, up from an initial $1.5 billion due to strong demand[6] - Proceeds from the issuance of debt amounted to $3.65 billion for the three months ended June 30, 2025, compared to $889.89 million in the same period of 2024[24] Strategic Initiatives - CoreWeave secured a $4 billion expansion deal with OpenAI, in addition to an existing $11.9 billion contract[6] - The company completed the acquisition of Weights & Biases, launching new products to enhance cloud platform capabilities[6] - The company is developing a new data center campus in Kenilworth, NJ, with a capacity of up to 250 MW, expected to be delivered in 2026[6] Asset and Liability Changes - Total assets increased to $26.24 billion as of June 30, 2025, compared to $17.83 billion on December 31, 2024, reflecting a growth of 47%[20] - Total current liabilities rose to $7.56 billion as of June 30, 2025, compared to $4.96 billion at the end of 2024, marking an increase of 52%[20] Other Financial Adjustments - Stock-based compensation for Q2 2025 was $145,005 thousand, a significant rise from $7,660 thousand in Q2 2024, reflecting increased employee compensation costs[31] - Acquisition-related costs in Q2 2025 amounted to $29,474 thousand, with no such costs reported in Q2 2024, indicating ongoing strategic acquisitions[31] - The loss on extinguishment of debt for Q2 2025 was $8,487 thousand, with adjustments related to fair value impacting the financial results significantly[31] - The company reported a gain on the sale of warrants received as a lease incentive, contributing positively to the financial adjustments[34]

Core View - CoreWeave Inc (CRWV) has experienced a significant increase of over 250% year-to-date, maintaining a strong upward trend as it approaches its second quarter earnings report [1] Stock Performance - CoreWeave's stock is currently priced at $143.60 per share, well above its major moving averages, indicating strong buying pressure and positive momentum [2] - The eight-day simple moving average is at $120.78, the 20-day at $120.85, and the 50-day at approximately $140.68, all suggesting bullish signals [2] - The MACD indicator is at -1.72, having crossed over the signal line, which supports a bullish outlook and indicates potential stabilization before another surge [3] - The Relative Strength Index (RSI) is at 60.01, suggesting that the stock is neither overbought nor oversold, allowing for further upside potential [3] Earnings Expectations - Analysts predict a loss of 17 cents per share on revenue of approximately $1.08 billion, reflecting CoreWeave's substantial investment in its proprietary cloud platform aimed at AI applications [4] - The earnings report is seen as a critical checkpoint for CoreWeave to demonstrate its ability to convert technological advancements into sustained financial growth [5] Market Outlook - The technical indicators and market demand for AI innovation suggest that CoreWeave's upward trend may continue, but the earnings report will be the definitive test [6] - A strong earnings performance and positive guidance could propel shares towards the 52-week high of $187, while any disappointment could lead to short-term challenges for the stock [6]

Core Viewpoints - CoreWeave's IPO was undersubscribed and priced below its target at $40, with Nvidia providing support [1] - The stock experienced significant volatility, peaking with a gain of over 300% before falling more than a third due to valuation concerns [2] - The company is seen as a battleground stock with strong arguments for buying, selling, or holding ahead of its earnings report [3] Buy Arguments - CoreWeave's revenue surged by 420% to $981.6 million, indicating strong demand for AI computing power [4] - The company has secured substantial financial backing, including a $1.75 billion debt offering and a $2.6 billion debt facility, enhancing its capacity for expansion [6] - CoreWeave's customer base includes major AI players like OpenAI, Microsoft, Meta Platforms, and Alphabet, which supports its growth potential [7] Sell Arguments - CoreWeave is currently unprofitable, with operating losses of $27.5 million and significant interest expenses of $263.8 million on nearly $9 billion in debt [8] - The company's business model relies on continuously updating data centers with new GPUs, posing a risk of financial strain [9] - The 9% interest rate on its latest debt indicates that lenders view the company as a high-risk borrower [9] Hold Arguments - The macroeconomic environment and semiconductor industry issues complicate the assessment of CoreWeave's valuation [10] - Investors may benefit from waiting for more clarity on the company's prospects after additional earnings reports [11] - Holding CoreWeave may be prudent given its volatility and potential for future growth if it can manage its losses [12]

Core Company Insights - CoreWeave (NASDAQ: CRWV) is scheduled to report its Q2 earnings on August 12, which is anticipated to be a volatile event due to the stock's recent performance [1] - From July 10 to July 30, CoreWeave's stock experienced a significant downward trend, indicating potential instability in its market performance [1] Analyst Background - The writer has a technical background with over five years of experience at Amazon, focusing on large-scale distributed systems and backend architecture, which informs their analysis of tech companies [1] - The current role involves working at a tech firm that develops algorithmic trading platforms and low-latency infrastructure, providing insights into market operations and trading technology [1]

CoreWeave, Inc. CRWV )) the AI-focused cloud infrastructure provider, is set to deliver its second-quarter earnings after the market closes on Tuesday. CoreWeave stock has climbed more than 30% over the past five days as investors anticipate the report. CRWV stock is up today. Track live prices here.Can CoreWeave Achieve Its Billion-Dollar Quarter?Investors and analysts are watching the rapidly expanding firm as it approaches its first-ever billion-dollar quarter. Consensus revenue estimates are around $1.0 ...

Core View - CoreWeave (CRWV.US) stock price increased over 7%, reaching $138.52 as of the report [1] - The company is set to release its Q2 2025 financial report after August 12, with analysts predicting a loss of $0.20 per share and revenue of approximately $1.08 billion [1] - Key market focus areas include GPU resource utilization, customer concentration risk, and the impact of the CoreScientific (CORZ.US) acquisition on cash flow [1]

智通财经APP获悉，周一，"英伟达亲儿子"CoreWeave(CRWV.US)股价走高，截至发稿，该股涨超7%， 报138.52美元。该公司将于8月12日后公布最新的2025年Q2财报。分析师预计其每股亏损0.20美元，营 收约10.8亿美元。市场将重点关注GPU资源利用率、客户集中度风险及对CoreScientific(CORZ.US)收购 案对现金流的影响。 ...

Group 1 - JPMorgan has raised its price target for CoreWeave to $135 from $66, reflecting a 104% increase, while maintaining an 'Overweight' rating [1] - CoreWeave's stock has surged nearly 360% since its late-March IPO, driven by strong investor demand and its relationship with Nvidia [2] - Analyst Mark Murphy highlighted strong growth prospects in the AI sector and CoreWeave's differentiated solutions as key factors for the upgrade [3] Group 2 - CoreWeave has secured an $11.9 billion, five-year deal with OpenAI for AI data centers, which is seen as a major growth catalyst [4] - Despite concerns over high debt levels and volatility due to large bookings, there is confidence in the company's long-term growth trajectory [5] - The consensus rating from Wall Street analysts is currently a "Hold," with varying recommendations among 21 analysts [6] Group 3 - The average 12-month price target for CoreWeave is $107.59, indicating a potential downside of 16.95% from the latest closing price, with estimates ranging from $23 to $200 [8]

One of CoreWeave's biggest strategic moves could face major challenges. So why is its stock soaring? CoreWeave (CRWV 6.87%) stock recorded huge gains over the past week of trading. The artificial intelligence (AI) company's share price soared 24.4% higher across the stretch. CoreWeave's big stock rally arrived in conjunction with the news that one of the company's big strategic initiatives could face major hurdles. According to reports, CoreWeave's $9 billion deal to buy Core Scientific could wind up being ...