CoreWeave (CRWV) is scheduled to release its Q2 earnings report on August 12, and investors are closely watching to see if the stock presents a good buying opportunity. Ahead of the report, analysts remain cautious on CRWV stock and expect downside due to the stock’s high valuation.
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CoreWeave started in 2017 as a crypto-mining company but now offers GPU services for AI tasks. Its clients include Microsoft (MSFT), OpenAI, and IBM (IBM). Since its IPO in March 2025, CRWV stock has skyrocketed by more than 200%. However, the stock has dropped about one-third since its peak in June.
What Is the Earnings Forecast for CRWV?
Overall, Wall Street analysts expect the company to report a loss of $0.23 per share compared to a loss of $0.83 per share in the previous quarter. Meanwhile, Q2 revenues are expected to reach $1.08 billion, up from $981.63 million reported last quarter.
Looking ahead, the company projects full-year 2025 revenue to range between $4.9 billion and $5.1 billion.
Analysts’ View Ahead of Q2 Earnings
Recently, Citi’s four-star-rated analyst Tyler Radke has upgraded his rating on CRWV stock from Hold to Buy. His price target of $160 implies an upside of over 20% from current levels. Radke said that while CRWV stock is still risky, he has a more positive outlook on the company’s demand, especially because of Microsoft’s support.
Meanwhile, analyst Keith Weiss at Morgan Stanley raised CoreWeave’s price target from $58 to $91 but kept a Hold rating. He praised the strong first-quarter results and growing customer demand but warned that the upcoming lockup expiration might hurt the stock in the short term. Weiss’s price target suggests the stock could fall nearly 30% from its current price.
For context, lock-up expiration is a period after a company’s IPO during which insiders, like company founders, employees, and early investors, are not allowed to sell their shares.
Is CRWV Stock a Buy?
CoreWeave’s IPO faced doubts because its business requires a lot of debt and big infrastructure spending. In Q1 2025, the company’s losses grew significantly to $149.6 million. This means investors face risks since CoreWeave needs to keep growing fast to handle rising costs. Still, many investors focus on its strong revenue growth and high demand for its GPU services, especially as AI expands.
In short, CoreWeave is a risky investment but offers big growth potential for those willing to take the chance in the AI market.
What Is the Price Target for CRWV?
According to TipRanks, CRWV stock has received a Hold rating based on six Buys, 13 Holds, and two Sells assigned in the last three months. At $107.6, the CoreWeave share price forecast implies a downside of 24% from the current level.
