Despite being well off its all-time highs, CoreWeave, Inc.'s (NASDAQ: CRWV ) gains since it went public are still at a highly impressive 209%. The IPO was a high-profile one, and after a few quarters of results asI'm a full-time investor with a strong focus on the tech sector. I graduated with a Bachelor of Commerce Degree with Distinction, major in Finance. I'm also a proud lifetime member of the Beta Gamma Sigma International Business Honor Society. My core values are: Excellence, Integrity, Transparency, ...

Despite being well off its all-time highs, CoreWeave, Inc.'s (NASDAQ: CRWV ) gains since it went public are still at a highly impressive 209%. The IPO was a high-profile one, and after a few quarters of results asI'm a full-time investor with a strong focus on the tech sector. I graduated with a Bachelor of Commerce Degree with Distinction, major in Finance. I'm also a proud lifetime member of the Beta Gamma Sigma International Business Honor Society. My core values are: Excellence, Integrity, Transparency, ...

I have been openly bullish on AI for a while now, yet I have never covered CoreWeave (NASDAQ: CRWV ), or indeed invested in it. The stock is no longer the bargain it was at lastWith a decade at a Big 4 audit firm specializing in the banking, mining, and energy sectors, I bring a strong foundation in finance and strategy. Currently, I serve as the Head of Finance for a leading owner and operator of retail real estate, where I oversee complex financial operations and strategy. I’ve been an active investor in ...

Core Insights - Nvidia is a key player in the AI infrastructure development, leveraging its GPUs and computing platforms to enhance data center capabilities [1][4] - The company is strategically investing its profits into the AI ecosystem, focusing on startups and companies that align with its growth plans in AI, gaming, and autonomous vehicles [4][10] Investment Strategy - Nvidia's largest equity investment is in CoreWeave, a specialized cloud infrastructure company, which is expected to drive revenue and profit growth for Nvidia [2][6] - The recent partnership with OpenAI involves a significant investment of up to $100 billion to support the establishment of AI data center capacity, indicating strong demand for data center AI infrastructure [6][7][9] Market Dynamics - There is a notable imbalance between supply and demand for data center compute capacity, which Nvidia recognizes through its substantial investment in the OpenAI partnership [9] - CoreWeave's role as an AI hyperscaler is crucial, as it provides cloud services through its growing data center assets, further supporting Nvidia's revenue growth strategy [8][10] Financial Commitments - Nvidia and CoreWeave have signed a $6.3 billion cloud computing capacity order, which includes a guarantee for Nvidia to purchase any unacquired data center capacity [11] - CoreWeave represents over 90% of Nvidia's reported equity investment value, showcasing Nvidia's deep understanding of the AI infrastructure dynamics [12] Stock Performance - Nvidia's stock has seen an increase of over 33% in 2025, driven by the complementary growth of CoreWeave and the overall strength of Nvidia's revenue [12]

CoreWeave - CoreWeave is reshaping the cloud computing industry with AI-focused data centers, providing infrastructure and software services for AI model training and application development [5][6] - The company has a strong partnership with Nvidia, allowing it to be first to market with the latest chips, and its technology stack is optimized for AI, resulting in better performance and lower costs for customers [6][7] - CoreWeave has gained recognition as a technology leader among AI cloud platforms, outperforming larger competitors and winning high-profile customers like Google, Meta, Microsoft, Nvidia, and OpenAI [7][8] - The cloud computing market is currently valued at approximately $940 billion and is expected to grow to $2.4 trillion by 2030, with CoreWeave projected to benefit significantly from this growth [9] Circle Internet Group - Circle is the issuer of USDC and EURC stablecoins, which combine the stability of fiat currencies with the efficiency of blockchain technology for fast and inexpensive transactions [10] - The Circle Payments Network (CPN) aims to enhance the global financial system by reducing costs and improving settlement times compared to traditional wire transfer systems [11] - Circle reported a 53% increase in revenue to $658 million in the second quarter, driven by strong growth in interest income from reserve assets [12] - The stablecoin market is currently valued at around $300 billion, with projections suggesting it could reach between $1.9 trillion and $4 trillion by 2030, positioning Circle as a potential major beneficiary [14]

Core Viewpoint - CoreWeave is gaining attention as a rapidly growing AI infrastructure provider, with significant sales growth and major contracts linked to AI demand, despite the capital-intensive nature of its business [1][2] Financial Performance - In Q2 2025, CoreWeave's revenue surged to approximately $1.21 billion, up from about $395 million year-over-year, with an adjusted EBITDA margin of 62% and adjusted operating income margin of 16% [4] - The company reported a GAAP net loss of $291 million, primarily due to $267 million in net interest expenses, but has a substantial revenue backlog of $30.1 billion [5][7] Growth and Scalability - CoreWeave is rapidly scaling its GPU-rich infrastructure to meet AI training and inference demands, with first-half 2025 revenue totaling about $2.19 billion, indicating a run rate significantly above 2024's $1.9 billion [6][7] - The company is heavily reliant on a few customers, with the top two accounting for approximately 77% of revenue in 2024, raising concerns about revenue concentration [7] Valuation and Market Position - CoreWeave's market capitalization is around $66 billion, with shares trading at a mid-teens price-to-sales ratio based on annualized first-half 2025 revenue, reflecting expectations for continued rapid growth and eventual profitability [8] - Wells Fargo projects the stock could reach $170, supported by tight AI compute supply and CoreWeave's access to Nvidia systems, but achieving this target requires favorable conditions [9][10] Risks and Challenges - The company faces significant infrastructure financing needs, with 470 megawatts of active power and 2.2 gigawatts contracted, indicating the scale of expansion required [10] - Concentration risks exist due to reliance on a few key customers, which could impact revenue stability if contract terms or customer strategies change [12] - Competitive pressures from other hyperscalers and potential pricing declines could affect CoreWeave's margins and growth trajectory [13] Investment Considerations - While CoreWeave shows strong momentum with extraordinary revenue growth and a large backlog, the current share price reflects high expectations for flawless expansion and profitability, suggesting a cautious approach for investors [14]

Core Viewpoint - CoreWeave is experiencing significant growth driven by high demand for its AI data center capacity, which is currently constrained by supply [1][2][10] Company Performance - CoreWeave's Q2 revenue surged to $1.2 billion from $395 million year-over-year, indicating a strong revenue pipeline [8] - The company's contractual backlog has increased by nearly $14 billion year-over-year, reflecting robust demand [1] - CoreWeave's stock has more than tripled since going public six months ago, despite some volatility [6] Contracts and Partnerships - Nvidia has signed a $6.3 billion contract with CoreWeave, ensuring long-term revenue growth by purchasing any unsold data center capacity through April 2032 [3][11] - CoreWeave has also secured an initial contract worth $11.9 billion from OpenAI, which was later increased by $4 billion [3] Capacity and Demand - CoreWeave currently operates 33 dedicated AI data centers with an active power capacity of 470 megawatts (MW) [8] - The company's contracted data center power capacity increased by 600 MW to 2.2 gigawatts (GW) in the previous quarter, but demand is expected to grow significantly [9][10] - McKinsey projects that data center capacity demand could quadruple from 55 GW in 2023 to 220 GW by 2030, indicating a potential long-term capacity constraint for CoreWeave [10] Future Outlook - The AI cloud infrastructure market presents a substantial growth opportunity for CoreWeave, with potential revenue reaching $25.6 billion by 2030 if it maintains a 20% annual growth rate [14] - CoreWeave's current valuation at 16 times sales is considered reasonable given its growth prospects [15]

CoreWeave TodayCRWVCoreWeave$123.33 -3.33 (-2.63%) 52-Week Range$33.51▼$187.00Price Target$124.96Add to WatchlistShares of CoreWeave Inc. NASDAQ: CRWV opened Thursday just under $128, aiming to add to the more than 50% in gains they’ve logged since the start of September. That kind of move would be considered impressive for most companies, but for CoreWeave, it feels like only the beginning.  Since going public just before the summer, the artificial intelligence (AI) cloud specialist had already rallied mo ...

CoreWeave, Inc. (NASDAQ:CRWV) is one of the stocks Jim Cramer recently commented on. Cramer noted that he has been “supporting” the stock, as he remarked: “What else? There are other companies that look like CoreWeave. CoreWeave is a great company that keeps winning business almost daily, and I’ve been supporting that one… Remember, if you want CoreWeave, buy CoreWeave.” Stock market data on a laptop screen. Photo by Alesia Kozik on Pexels CoreWeave, Inc. (NASDAQ:CRWV) operates a cloud platform design ...

Group 1 - CoreWeave is becoming a central player in the AI supply chain, leveraging Nvidia's "AWS Certified AI Practitioner Early Adopter" program to enhance its competitive position in the AI market [1] - The company is focused on the buildout, deployment, and maintenance of AI tools and applications, indicating a strong operational capability in generative AI systems [1] - CoreWeave's growth is supported by the increasing demand for machine learning algorithms and model training, reflecting a broader trend in the AI industry [1]