CoreWeave, Inc. (CRWV)

NYSE · Broad Market

Latest Move · 2026-02-24

+5.48%
CoreWeave continues volatile pre-earnings rebound with no fresh catalyst

CoreWeave stock rose 5.5% following several developments. The company reported Q3 sales surged 133% to $1.3 billion. Nvidia invested $2 billion in CoreWeave, bringing its total stake to 11%. An analyst upgraded CoreWeave from Hold to Buy, citing improved execution and near-term catalysts including backlog strength and early deployment of Nvidia's Rubin architecture. Cathie Wood's Ark Invest purchased shares in the company. CoreWeave has a reported $55.6 billion backlog to process. The company is scheduled to release Q4 and full-year 2025 financial results on February 26, 2026. However, the sources also note CoreWeave faces a securities class action lawsuit alleging data center delays and concealed infrastructure risks, and Blue Owl failed to secure $4 billion in debt financing for a Lancaster, Pennsylvania data center project.

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Previous Move

+1.78%
CoreWeave recovers modestly as competing analyst signals frame pre-earnings debate
2026-02-23

Frequently Asked Questions

Why did CoreWeave, Inc. stock move today?

CoreWeave stock rose 5.5% following several developments. The company reported Q3 sales surged 133% to $1.3 billion. Nvidia invested $2 billion in CoreWeave, bringing its total stake to 11%. An analyst upgraded CoreWeave from Hold to Buy, citing improved execution and near-term catalysts including backlog strength and early deployment of Nvidia's Rubin architecture. Cathie Wood's Ark Invest purchased shares in the company. CoreWeave has a reported $55.6 billion backlog to process. The company is scheduled to release Q4 and full-year 2025 financial results on February 26, 2026. However, the sources also note CoreWeave faces a securities class action lawsuit alleging data center delays and concealed infrastructure risks, and Blue Owl failed to secure $4 billion in debt financing for a Lancaster, Pennsylvania data center project.

What does CoreWeave, Inc. do?

CoreWeave is an AI-focused cloud infrastructure provider operating GPU-powered data centers, competing with hyperscalers like AWS and Azure for AI compute workloads. The company carries roughly $29 billion in debt rated B+ by S&P, making its growth model heavily dependent on continued access to capital markets — a vulnerability exposed last week when Blue Owl Capital failed to secure $4 billion in financing for a major data center project. With Q4 earnings due February 26, the stock has been swinging violently as competing analyst views and pre-earnings positioning dominate trading.

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