If CoreWeave Does This 1 Thing, Its Stock Will Double in 2026

Core Viewpoint - CoreWeave's business model is promising but currently unsustainable due to high capital expenditures exceeding revenue [4][8][10] Company Overview - CoreWeave is an AI-focused cloud computing provider, specializing in offering high-performance GPUs from Nvidia for AI training [4][6] - The company has a market capitalization of $44 billion, with a current stock price of $86.48 [7] Financial Performance - In Q3, CoreWeave reported revenue of $1.4 billion, reflecting a 134% year-over-year increase, but incurred capital expenditures of $1.9 billion [8] - The gross margin stands at 49.23%, but the company is currently not profitable due to high operational costs [7][8] Growth Potential - CoreWeave has a significant revenue backlog of $55.6 billion, with 40% expected to be realized in the next 24 months, indicating strong future revenue growth [11] - If the company can achieve profitability through continued revenue growth and improved free cash flow, it may see a substantial increase in stock price [10][12]