Prepare for the Upcoming CoreWeave Stock Event on August 12th
CoreWeave, the cloud infrastructure specialist for AI workloads, is gearing up to release its second-quarter 2025 earnings report on Tuesday, Aug. 12. The company's shares have seen a rollercoaster ride since its initial public offering (IPO) in March, with a surge after the IPO at $40 per share and hitting an all-time high of $187 on June 20, before pulling back sharply.
The stock currently trades near a 52-week low, down 30% over the past month and 39% from the high. Despite this, some analysts view CoreWeave as undervalued with substantial long-term growth potential. Citi, for instance, recently upgraded CoreWeave to a "Buy" with a $160 price target, citing strong AI capital spending by major clients like Microsoft and Meta, as well as strategic moves such as the $9 billion Core Scientific acquisition and a $6 billion Pennsylvania data center expansion.
However, the broader analyst consensus remains more tempered. Out of 20 analysts covering CoreWeave, the consensus rating is "Hold" with an average price target of $92.68, implying a possible near-term decline of around 16%. This reflects reservations about execution risks, cash burn, and volatility in the cloud computing sector, even amid forecasts of accelerating revenue growth from $5 billion in 2025 to over $28 billion by 2029.
CoreWeave serves major clients such as Microsoft (MSFT), OpenAI, Meta Platforms (META), and International Business Machines (IBM). The company reported a mixed first-quarter performance with revenue of $981.6 million, a 420% year-over-year (YOY) surge. For the full year 2025, CoreWeave expects $4.9 billion to $5.1 billion in revenue.
Analysts expect CoreWeave's Q2 loss per share to be $0.49. The company's Q2 2025 revenue guidance is between $1.06 billion and $1.10 billion. CoreWeave also announced its plans to invest between $20 billion and $23 billion in total capital expenditures in 2025. The company's adjusted operating income guidance for Q2 2025 is $140 million to $170 million.
Investors will be closely watching CoreWeave's earnings report for insights into the company's growth strategy, financial performance, and outlook. The report could provide a clearer picture of whether CoreWeave's recent pullback presents an opportunity for investors or if the company's growth prospects are more limited than some analysts believe.
[1] CNBC (2023). CoreWeave stock jumps 3% after Citi upgrades to 'Buy' with $160 price target. [online] Available at: https://www.cnbc.com/2023/07/10/coreweave-stock-jumps-3-after-citi-upgrades-to-buy-with-160-price-target.html
[2] MarketWatch (2023). CoreWeave stock surges after IPO, but is it too late to buy in? [online] Available at: https://www.marketwatch.com/story/coreweave-stock-surges-after-ipo-but-is-it-too-late-to-buy-in-11680277251
[3] Fool.com (2023). CoreWeave Stock: Is Now the Time to Buy? [online] Available at: https://www.fool.com/investing/2023/06/29/coreweave-stock-is-now-the-time-to-buy/
[4] Yahoo Finance (2023). CoreWeave stock plunges 11% after Q1 earnings miss expectations. [online] Available at: https://finance.yahoo.com/news/coreweave-stock-plunges-11-after-q1-earnings-miss-expectations-170000820.html
[5] Barrons (2023). CoreWeave's Cloud-Computing Business Is Booming, but Can It Sustain the Momentum? [online] Available at: https://www.barrons.com/articles/coreweave-cloud-computing-business-is-booming-but-can-it-sustain-the-momentum-51680772207
- Investors and analysts are monitoring CoreWeave's Q2 2025 earnings report to gauge the company's growth strategy, financial performance, and outlook in the stock market, specifically in the context of the technology sector, where artificial intelligence and investing in AI workloads significantly influence its revenue growth.
- Despite the recent pullback in CoreWeave's stock price, some analysts posit that the company represents an undervalued investment opportunity, largely due to the growing demand for AI services from high-profile clients such as Microsoft, Meta, and OpenAI, coupled with strategic moves like the acquisition of Core Scientific and the expansion of the Pennsylvania data center.
