CoreWeave Reports Q1 Revenue Beat Amid Widening Losses
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 08 2026
0mins
Source: stocktwits
CoreWeave Inc's stock fell 5.06% as it hit a 5-day low amid broader market declines, with the Nasdaq-100 down 0.71% and the S&P 500 down 0.32%.
The company reported Q1 revenue of $2.08 billion, exceeding analyst expectations of $1.97 billion, indicating strong demand in the AI data center market. However, its net loss widened to $740 million from $315 million a year earlier, reflecting financial pressures during rapid expansion. Additionally, CoreWeave raised $8.5 billion in new debt, highlighting its significant funding needs for data center development, while Nvidia's purchase of $2 billion in shares demonstrates ongoing support.
Despite the widening losses, the revenue beat showcases CoreWeave's strong market position and demand for its services, suggesting potential for recovery as the AI sector continues to grow.
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Analyst Views on CRWV
Wall Street analysts forecast CRWV stock price to rise
25 Analyst Rating
12 Buy
13 Hold
0 Sell
Moderate Buy
Current: 106.860
Low
68.00
Averages
123.23
High
180.00
Current: 106.860
Low
68.00
Averages
123.23
High
180.00
About CRWV
CoreWeave, Inc. is a cloud infrastructure technology company. The Company offers the CoreWeave Cloud Platform, which consists of software and cloud services that deliver the automation and efficiency needed to manage complex artificial intelligence (AI) infrastructure. Its CoreWeave Cloud Platform is an integrated solution that is purpose-built for running AI workloads such as model training and inference. Its solutions include infrastructure services, managed software services, and application software services. Its Infrastructure Services provide its customers with access to advanced graphics processing unit (GPU) and central processing unit (CPU) compute, highly performant networking, and storage. Its Managed Software Services include CKS, a flexible virtual private cloud and a bare metal service that runs kubernetes directly on high-performance servers. Its Application Software Services build on top of its infrastructure and managed software services, integrating additional tools.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Threat to Nvidia's Market Share: Nvidia currently holds an 86% revenue share in the data center market, but Google's increased reliance on its own TPUs may reduce dependence on Nvidia processors, with capital expenditures projected to reach $185 billion this year, potentially impacting Nvidia's sales.
- Competitive Pressure on CoreWeave: Google's entry into the AI cloud space poses a threat to CoreWeave, with analysts warning that competition could compress CoreWeave's pricing power and margins, particularly as it seeks to expand its enterprise client base.
- Intensifying AI Infrastructure Competition: As companies like Google ramp up investments in AI infrastructure, market competition is intensifying, putting previously dominant AI firms under unprecedented pressure, prompting investors to closely monitor industry developments.
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See More
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See More
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- Intel's Market Performance: Intel's stock surged nearly 500% over the past year, despite only a 7% year-over-year revenue increase to $13.6 billion in Q1; however, its adjusted earnings per share soared 123% to $0.29, indicating improved profitability.
- CoreWeave's Growth Potential: CoreWeave reported Q1 revenue of $2.1 billion, up 111.6% year-over-year, and its backlog of $99.4 billion indicates strong market demand, although it faces risks due to high customer concentration.
- Profitability Challenges: Despite CoreWeave's promising outlook amid rising AI infrastructure spending, its operating expenses grew faster than revenue, leading to squeezed margins and increased net losses, prompting investors to carefully assess its long-term profitability.
See More
