stocksbrew

CoreWeave Inc - Class ACRWV

Buy more

Buy more on a dip to our buy price, which is under today's $56.

  • 4 good· Earnings beat
  • 6 to watch· Revenue slowing

$55.97−4.80 (−7.91%)

Price at 3:03 PM ET

After hours · opens in 17h 23mNext open: Friday, Nov 13, 9:30 AM ET

NASDAQ · Technology · Large company

The price we'd buy CRWV at comes with a free account

It also has the whole brief, the scorecard and how the call has moved.A free account gets it on three stocks you pick, plus three long research reports a month.

What would change it

Sources

Any one could move it to Keep

Next report

  • below65%

    sales growth

Compared with the S&P 500

  • 21 points

    worse in one day

  • 46 points

    worse in five trading days

−47.0% in a year

Earnings report

Latest results

Reported Tuesday after the close
EPS
−$1.28
vs −$1.45 expected, beat by 12%

Our call is still Buy more after the results.

The news behind our call

written 10:01 AM ET10:01 AM ET · 13 articles · 13 sources

  • Shares rose 24.7% to $60.77 after the third-quarter report.

  • CoreWeave’s revenue is growing far faster than similar companies.

  • Technology stocks are broadly recovering.

What changed

From Yahoo Finance, Airbnb, Inc. via Nasdaq, Bank of America Corporation via Yahoo Finance and 5 more

CoreWeave EPS beat drove a 24.85% rally, but profitability and leverage remain unresolved.

  1. Analyst ratings shifted: 1 fewer buy

    31 buy, 7 hold, 3 sell, against 32 buy, 7 hold, 3 sell the month before.

    Analysts · This month

  2. CoreWeave Falls as Nvidia Turmoil Spreads Across AI Stocks

    Reports say Nvidia shares fell after CEO Jensen Huang resigned, prompting concern about companies closely tied to the chipmaker. A separate report says weaker guidance and higher spending at Nebius dragged other neocloud stocks lower, including CoreWeave, plausibly explaining its 7.31% decline.

    Move · Today

  3. Could CoreWeave actually climb 130%? Or is Bank of America Totally Wrong?

    Today

  4. CRWV's Q3 earnings beat on strong pricing, revenues climb 168% Y/Y

    Today

  5. Seagate’s Legitimacy as a Play on AI Hardware demand is about to be tested

    Today

  6. CRWV stock eyes best week since Nvidia’s stake Reveal — is debt Scare hiding a bargain? Morningstar Thinks so

    Today

  7. Investing.com — No company embodies the high-stakes financial gamble of the artificial intelligence boom quite like CoreWeave Inc. (NASDAQ:CRWV).

    Today

  8. CoreWeave plans $4 billion high-grade loan, Bloomberg reports

    Yesterday

Overview

In plain numbers

  • Revenue grew 130% from a year earlier, to $9.9B in the last twelve months.
  • It about breaks even at the operating line, up from a loss of $1.45 in FY 2022.
  • It burned $20.4B of free cash in the last twelve months.
  • It owes $66.2B and holds $4.2B in cash and investments, so net debt is $62.0B.

Key figures

Revenue (TTM)
$9.9B
Revenue growth, 1 year
+129.6%
Net income
−$2.6B
EPS (diluted)
−$4.77
Gross margin
66.8%
Operating margin
-0.5%
Return on equity
-64.0%
Return on capital
-0.1%
Debt / equity
16.45
Current ratio
0.44
Buyback yield
-45.80%

Key facts

Company value
$33.5B
Today's range
50.1758.56
Past year's range
43.66137.98
Yesterday's close
$60.77

Why it moved

After hours

That's a wrap.

17hrs23min05sec

Market opens Friday, Nov 13 at 9:30 AM ET

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