CoreWeave (NASDAQ:CRWV) Issues Earnings Results, Misses Estimates By $0.28 EPS

CoreWeave (NASDAQ:CRWV) issued its quarterly earnings data on Thursday. The company reported ($0.89) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28), FiscalAI reports. The business had revenue of $1.57 billion during the quarter. The firm’s revenue was up 110.4% on a year-over-year basis.

Here are the key takeaways from CoreWeave’s conference call:

• CoreWeave finished FY2025 with a $66.8 billion revenue backlog and guided 2026 revenue of $12–13 billion, expecting to exit 2026 at a $17–19 billion annualized run rate and to exceed $30 billion by end‑2027.
• Management plans aggressive investment with $30–35 billion CapEx in 2026 (more than 2x 2025), which will compress near‑term margins, produce a Q1 trough in profitability, and is tied to elevated interest expense that contributed to a Q4 GAAP net loss of $452 million.
• Execution strength — CoreWeave reached 850 MW of active power, added ~260 MW in Q4, expects to double to >1.7 GW by year‑end 2026, and has >3.1 GW contracted (mostly online by end‑2027), supporting the revenue ramp.
• Platform monetization and partnership upside — CoreWeave expanded its collaboration with NVIDIA (including a $2 billion investment), achieved GB200 Exemplar Cloud status, and is pursuing licensing of its SUNK/Mission Control stack to other customers, which management says is not included in 2026 guidance.
• Mixed financial picture — Q4 adjusted EBITDA was strong at $898 million (57% margin) and the company raised >$18 billion of capital while cutting its weighted average interest rate ~300 bps, but high ongoing leverage and Q1 interest guidance (~$510–590 million) pose financing risk.

CoreWeave Price Performance

Shares of NASDAQ:CRWV traded down $17.81 on Friday, hitting $79.82. The company had a trading volume of 26,965,490 shares, compared to its average volume of 26,848,070. The company has a market cap of $30.84 billion and a PE ratio of -55.05. The business has a 50 day moving average of $88.95 and a 200 day moving average of $100.37. CoreWeave has a 52-week low of $33.51 and a 52-week high of $187.00. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 2.66.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Macquarie Infrastructure reiterated a “neutral” rating and set a $115.00 price target on shares of CoreWeave in a research note on Tuesday, January 27th. Citigroup reiterated a “buy” rating and issued a $135.00 price objective (down from $192.00) on shares of CoreWeave in a research report on Friday, December 19th. Deutsche Bank Aktiengesellschaft upgraded shares of CoreWeave from a “hold” rating to a “buy” rating and upped their price objective for the stock from $100.00 to $140.00 in a research report on Tuesday, January 27th. DA Davidson boosted their price target on shares of CoreWeave from $110.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Roth Mkm restated a “buy” rating on shares of CoreWeave in a research report on Monday. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, CoreWeave presently has a consensus rating of “Moderate Buy” and an average price target of $124.48.

Insider Buying and Selling at CoreWeave

In related news, insider Brannin Mcbee sold 102,835 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $78.61, for a total transaction of $8,083,859.35. Following the transaction, the insider owned 185,181 shares of the company’s stock, valued at approximately $14,557,078.41. This represents a 35.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Michael N. Intrator sold 111,427 shares of CoreWeave stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $72.39, for a total transaction of $8,066,200.53. Following the completion of the sale, the chief executive officer directly owned 5,922,620 shares of the company’s stock, valued at $428,738,461.80. The trade was a 1.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 4,565,769 shares of company stock worth $388,715,556.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Family Legacy Financial Solutions LLC lifted its position in CoreWeave by 166.7% during the third quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock worth $27,000 after buying an additional 125 shares during the period. HighMark Wealth Management LLC purchased a new stake in CoreWeave in the 3rd quarter valued at about $27,000. OLD Second National Bank of Aurora acquired a new position in shares of CoreWeave during the 3rd quarter valued at about $27,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of CoreWeave during the 3rd quarter worth about $27,000. Finally, Aspect Partners LLC purchased a new position in shares of CoreWeave during the 3rd quarter worth about $28,000.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Revenue beat and record backlog support growth thesis: CoreWeave topped Q4 revenue estimates as AI demand pushed platform usage and backlog approached ~$67B, evidence of strong contracted demand. CNBC: CoreWeave beats revenue
• Positive Sentiment: High revenue guidance and large contracted pipeline: Management is targeting substantially higher FY26 revenue (company guidance implies a step-up in scale), which underpins the long-term growth story if margins recover as capacity ramps. Press release / slide deck
• Positive Sentiment: Strategic financing / partner support: Reports note syndication of large loans tied to long-term customer contracts and renewed Nvidia interest via a multibillion equity tie‑up, which can de‑risk expansion financing. Yahoo Finance: financing and Nvidia
• Neutral Sentiment: Analyst mix: Citizens Jmp reaffirmed a “market outperform” rating with a $180 target, while Needham left a “hold” — showing divergent views on payoff from current spending. Benzinga: analyst notes
• Neutral Sentiment: Mixed quarter — revenue growth strong but profitability lagging: Revenue surged >100% YoY, yet adjusted losses widened and EPS missed consensus, leaving the report technically mixed for traders. MarketBeat: earnings summary
• Negative Sentiment: Doubling capital expenditure raises margin and return concerns: Plans to materially increase capex this year triggered investor worry about near‑term margin pressure and the effectiveness of the spend. That prompted heavy selling in pre‑market trade. Reuters: capex concerns
• Negative Sentiment: Rising debt, interest costs and wider losses: Coverage (Barron’s/MSN) highlights growing interest expense and higher leverage after the quarter, which amplifies execution and liquidity risk while capex is ramping. Barron’s: debt and losses
• Negative Sentiment: Multiple securities‑fraud class action notices filed: Several law firms have announced suits and lead‑plaintiff deadlines alleging disclosure issues around data‑center delays and infrastructure risks — a reputational and legal overhang. Pomerantz PR: class action
• Negative Sentiment: Insider selling and short‑term selling pressure: Reports of insider sales and sizable short interest increases add to near‑term headwinds for the stock. AmericanBankingNews: insider selling

CoreWeave Company Profile

CoreWeave is a U.S.-based provider of GPU-accelerated cloud infrastructure designed to support compute-intensive workloads such as artificial intelligence, machine learning, visual effects rendering and other high-performance computing applications. The company supplies access to large fleets of modern GPUs and complementary infrastructure that enable customers to train and deploy large models, run inference at scale, and process graphics-heavy workloads with low latency and high throughput.

CoreWeave’s product offering includes on-demand and dedicated GPU instances, bare-metal servers, private clusters and managed services tailored for enterprise and developer use.