CoreWeave Inc (NASDAQ:CRWV) looks to show record revenue and improving earnings when the company reports second-quarter financial results Tuesday after market close.
Here are the earnings estimates, what experts are saying ahead of the report and key items to watch.
• CoreWeave stock is taking a breather. What’s next for CRWV stock?
CoreWeave Q2 Earnings Estimates
Analysts expect CoreWeave to report second-quarter revenue of $2.56 billion, up from $1.21 billion in last year’s second quarter, according to data from Benzinga Pro.
The company has beaten analyst estimates for revenue in all five quarters since going public. The current estimate would see another record quarter, breaking the $2.08 billion reported in the first quarter.
Analysts expect CoreWeave to report a loss of $1.22 in the second quarter, down from a loss of 27 cents per share in last year’s second quarter.
The company missed analyst estimates for earnings per share in two straight quarters and in four of the five quarters since going public last year.
What Experts Are Saying
Freedom Capital Markets Chief Market Strategist Jay Woods highlights the growing importance of a company like CoreWeave.
"CoreWeave provides cloud infrastructure for artificial intelligence, giving enterprises and AI developers access to high-performance GPU computing at scale," Woods said in a weekly newsletter. "The company has become one of the fastest-growing players in the AI ecosystem by supplying the computing power needed to train and deploy next-generation AI models."
While CoreWeave has beaten analyst estimates for revenue all five quarters since going public, the stock has traded lower after each financial report, Woods said.
The market expert said the average sell-off is 13.9% after a quarterly report for the company. Woods said this shows "just how elevated investor expectations have become."
Looking at the stock chart, Woods said CoreWeave has "broken its downtrend going back to its all-time high and has been trying to regroup."
Woods highlights $101.18 as a key level to watch.
"Above that level, the stock has regained confidence and health, below it, the stock remains guilty until proven innocent."
With the past history of the stock selling off after strong reports and record revenue, Woods offers this suggestion.
"There is no technical advantage going into Tuesday’s report, so the trader is better off sitting this one out and waiting for a price reaction to guide the next move."
Here are recent analyst ratings on CoreWeave stock and their price targets:
- Citigroup: Maintained Buy rating, lowered price target from $158 to $142
- Rosenblatt: Maintained Buy rating, with price target of $250
- Piper Sandler: Initiated with Overweight rating, price target of $151
- Truist Securities: Upgraded from Hold to Buy, lowered price target from $131 to $126
Key Items to Watch
CoreWeave recently announced its expansion into the Asia-Pacific region with its first data center announced for Indonesia. The announcement could see the company land more deals and expand its presence in the region that is seeing growing demand for AI compute.
Recent quarterly results from big technology companies show continued growth for AI and cloud platforms that likely provides boosted demand for CoreWeave.
CoreWeave hit 1 GW of active power in the first quarter and the company said it was on its way to 8 GW by 2030.
First-quarter backlog nearly hit $100 billion. The company also announced an expanded relationship with NVIDIA Corp (NASDAQ:NVDA) in the first quarter.
After the strongest quarter for bookings in history, investors and analysts will be looking for the backlog to continue to climb and could expect to see more announcements of company partnerships like Nvidia being name-dropped in the first quarter.
CoreWeave Stock Price Action
CoreWeave stock is down 0.7% to $90.07 on Monday versus a 52-week trading range of $60.55 to $153.20. CoreWeave stock is up 13.4% year-to-date in 2026.
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