Markets· August 17, 2026 at 02:00 p.m.
CoreWeave's $105 Valuation Offers Attractive Entry Point for AI Infrastructure Demand
Key takeaways
- CoreWeave trades at $105.26
- Revenue for Q2 was $2.575 billion
- GAAP EPS for Q2 was -$1.14
CoreWeave, a NASDAQ-listed company specializing in GPU-powered cloud capacity for AI training and inference, is trading at $105.26, offering investors an attractive entry point despite its recent growth. The stock has rebounded from summer lows but still trades below both its 50-day and 200-day moving averages. In Q2, CoreWeave reported a revenue of $2.575 billion, up 112.32% year over year, and a GAAP EPS of -$1.14 that beat expectations. The demand picture is strong with a backlog of $104.2 billion and $25 billion in net new commitments added in early Q3. However, the company's capital burn, uneven execution history, and high valuation multiples present risks.
