# CoreWeave, Class A Common Stock (CRWV.US)

Canonical: https://gigainvestors.com/s/CRWV

Analysis as of: 2026-10-16T07:27:46.570Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $69.69 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [David Tepper](https://gigainvestors.com/AM): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 57% since Jun 2025 · "CoreWeave reports wider-than-expected second-quarter loss as expenses jump" (investing.com, Aug 2025)

Story as of 2026-10-16T09:58:34.918Z; price observation 2026-10-15.

- 2025-05-15: Coreweave signs new $4 billion deal with OpenAI, filing shows ([finance.yahoo.com](https://finance.yahoo.com/news/coreweave-signs-4-billion-deal-151429404.html))

- 2025-06-04: CoreWeave Stock Soars on $7B Data Center Deal With Applied Digital ([finance.yahoo.com](https://finance.yahoo.com/news/coreweave-stock-soars-7b-data-084756559.html))

- 2025-09-30: CoreWeave Inks $14.2 Billion Deal With Meta for AI Cloud Infrastructure ([finance.yahoo.com](https://finance.yahoo.com/m/e8406746-9263-348f-9fe7-9b358fb3dc64/coreweave-inks-%2414.2-billion.html))

- 2025-11-11: CoreWeave Drops After Lowering Outlook on Capacity Crunch ([finance.yahoo.com](https://finance.yahoo.com/news/coreweave-cuts-forecast-delay-customer-145231611.html))

- 2026-01-26: CoreWeave stock surges amid fresh $2 billion investment from Nvidia ([finance.yahoo.com](https://finance.yahoo.com/news/coreweave-stock-surges-amid-fresh-2-billion-investment-from-nvidia-143717366.html))

- 2026-04-10: CoreWeave Inks $21B AI Infrastructure Deal With Meta Platforms ([finance.yahoo.com](https://finance.yahoo.com/sectors/technology/articles/coreweave-inks-21b-ai-infrastructure-150500212.html))

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in software infrastructure; annual sales are USD 5.1 billion.

- Source: https://eodhd.com/api/fundamentals/CRWV.US.json#2025-12-31 (filed 2026-03-02); FY2025: revenue 5131000000; grossProfit 3678000000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); CRWV.US: CoreWeave, Inc. operates as a cloud infrastructure technology company in the United States. The company offers CoreWeave Cloud platform that comprises proprietary software and cloud services that deliver the automation and efficiency needed to manage complex artificial intelligence (AI) infrastructure at scale. It also offers data and storage solutions, such as Local Object Transport Accelerator; infrastructure control solutions, including CoreWeave Kubernetes service; mission control services, including node, rack, and fleet lifecycle management; model and agent development tools comprising Weights & Biases, an AI developer platform; and runtime acceleration. In addition, the company offers graphics processing unit compute, CPU compute, networking services, managed services, and virtual and bare metal servers. Its services also include visual effects rendering, machine learning, pixel streaming, and batch processing. It has a collaboration with AdaniConneX to operate a data center in India. The company was formerly known as Atlantic Crypto Corporation and changed its name to CoreWeave, Inc. in December 2019. CoreWeave, Inc. was incorporated in 2017 and is based in Livingston, New Jersey.

### Why customers stay

Margins ranged from 70% to 74.2% during 2023–25.

- Source: https://eodhd.com/api/fundamentals/CRWV.US.json#2023-12-31 (filed 2026-03-02); FY2023: grossProfit / revenue = 70%.

- Source: https://eodhd.com/api/fundamentals/CRWV.US.json#2024-12-31 (filed 2026-03-02); FY2024: grossProfit / revenue = 74.2%.

- Source: https://eodhd.com/api/fundamentals/CRWV.US.json#2025-12-31 (filed 2026-03-02); FY2025: grossProfit / revenue = 71.7%.

### Where the cash goes

Paid dividends in 2 of 4 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); Dividend observations: [[2022,0],[2023,0],[2024,57745000],[2025,29000000]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 18.6% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); CRWV.US SharesStats.PercentInsiders = 18.623 percentage points; cache date 2026-10-16.

### What could break it

"Our substantial indebtedness could materially adversely affect our financial condition" (SEC filing, Mar 2026)

- Source: https://www.sec.gov/Archives/edgar/data/1769628/000176962826000104/crwv-20251231.htm (filed 2026-03-02); Our substantial indebtedness could materially adversely affect our financial condition

### What the price says

The price is 5.9 times annual sales; cash earnings are negative.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); Closing price 69.69 USD; reporting-to-trading FX 1; FY2025 annual sales per share 11.76834862385321; price multiple 5.921816410056519. FY2025 cash earnings/share -2.676605504587156. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2025-03: $37.08 per share

- 2025-04: $41.30 per share

- 2025-05: $111.31 per share

- 2025-06: $163.06 per share

- 2025-07: $114.13 per share

- 2025-08: $103.04 per share

- 2025-09: $136.85 per share

- 2025-10: $133.71 per share

- 2025-11: $73.12 per share

- 2025-12: $71.61 per share

- 2026-01: $93.19 per share

- 2026-02: $79.56 per share

- 2026-03: $77.47 per share

- 2026-04: $111.60 per share

- 2026-05: $109.53 per share

- 2026-06: $99.54 per share

- 2026-07: $71.77 per share

- 2026-08: $84.89 per share

- 2026-09: $87.12 per share

- 2026-10: $77.81 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1769628/000176962826000104/crwv-20251231.htm); period 2025-12-31, filed 2026-03-02.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.