CoreWeave (CRWV) Q3 Earnings Preview: AI Cloud Growth Amid Valuation Concerns
CoreWeave, the AI-powered cloud computing firm, prepares to report Q3 earnings on November 10 following its blockbuster 2025 IPO. Shares remain up 186% from their $40 debut despite recent volatility. Analysts project a $0.40 per-share loss on $1.29 billion revenue as the company burns cash to capitalize on its $30.1 billion backlog.
The hyperscaler's revenue sprint—from $395 million to $1.2 billion in just four quarters—highlights explosive demand for AI infrastructure. Yet skepticism lingers over customer concentration risks with Microsoft and a debt-laden balance sheet. A November 5 partnership with CrowdStrike to develop secure AI cloud solutions may signal diversification efforts.