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CoreWeave Draws Fresh Bullish Calls as Backlog Strength Meets Execution Scrutiny

Investors weigh a $55 billion backlog against execution risk from capital intensity.

Overview

  • CoreWeave exited 2025 with a contracted revenue backlog above $55 billion tied to customers such as OpenAI, Meta Platforms, and multiple hyperscalers.
  • The company generated roughly $1.4 billion per quarter in 2025, with multi‑year contracts providing rare forward visibility contingent on timely capacity delivery.
  • Author analyses highlight a share-price slide of more than 20% after a slight Q3 revenue guidance cut, framing the selloff as sentiment-driven rather than demand-driven.
  • Coverage cites expanded collaboration with Nvidia and new deals with Meta and OpenAI as support for CoreWeave’s competitive position in AI infrastructure.
  • A bullish thesis summarized by Insider Monkey projects more than $10 billion in 2026 revenue and argues the stock trades at a deep discount despite the contracted pipeline.