Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
COREWEAVE, INC. (CRWV)
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-11-04
$43.66-9.83%
Close 2026-11-05 · 1-day change
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
Matching fiscal periods, usable estimates and at least one analyst are required.
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
The calculation requires same-period, same-provider snapshots, positive EPS, at least one analyst and a baseline within three days of the requested lookback.
The EPS and P/E reference is not available for CRWV yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Manage debt and capital to support AI expansion | Debt raised supports AI expansion and future growth. | Under Pressure | Debt growth harms financial health or halts AI expansion | Debt insurance cost ~3x vs stable target News reports 15% bond yields and tripling debt insurance costs, indicating heightened financing risk and credit stress. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a high-risk, speculative growth business rather than a proven compounder, with a loss-making profile and weak recent financial performance. The long-term thesis is in a watch state: revenue, backlog, and capacity are growing, but the overall signal recently shifted from mixed to cautious.
CRWV carries a 1.01 premium versus peers, and the valuation model shows the market setup is aligned rather than clearly mispriced. The evidence does not specify exactly what growth expectations are embedded in that premium, so the expectations gap is uncertain.
Near-term execution has some support: revenue rose from $2.078B in 2026-Q1 to $2.575B in 2026-Q2, while backlog and active power capacity also increased. But the business remains loss-making, recent performance is well below its industry cohort, and the evidence notes a history of quarterly misses, despite a low stated near-term miss probability.
Over the multi-year view, the thesis depends on management turning demand and infrastructure expansion into sustained financial strength while managing debt and equity funding. Near-term conditions could improve if rates ease and major technology companies stabilize, while materially slower GDP growth could add pressure to this growth-sensitive business.
The 1-3 year view is a high-risk growth thesis with evidence of expanding demand and capacity, but losses, weak relative performance, and uncertain expectations leave meaningful execution risk. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| Cash from operations rose strongly to $2.984 billion in Q1. |
| Broken |
| cash from operations falls below $2.9 billion |
Cash from operations: $679M FY2026-Q2; GAAP. Published target: >= $2.9 billion quarterly. Target period is not explicitly aligned with this observation. Aug 12, 2026679,000,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Operating income to improve from current losses | A primary condition in COREWEAVE, INC.'s published investment case. The stated target is operating loss narrows from -$144 million. | Improving | operating loss worsens beyond -$144 million | Operating income: $-49M FY2026-Q2; GAAP. Published target: operating loss narrows from -$144 million. Target period is not explicitly aligned with this observation. Aug 12, 2026-49,000,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Revenue growth to sustain above $2 billion quarterly | A primary condition in COREWEAVE, INC.'s published investment case. The stated target is >= $2.078 billion quarterly. | Intact | quarterly revenue falls below $2 billion | Revenue: $2.575B FY2026-Q2; GAAP. Published target: >= $2.078 billion quarterly. Target period is not explicitly aligned with this observation. Aug 12, 20262,575,000,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 of 2 supplied quarters. Management reported: “CoreWeave Reports Strong Second Quarter 2026 Results Record Second Quarter Revenue and Revenue Backlog Highlight Unprecedented Demand for CoreWeave Cloud LIVINGSTON, N.J., – August 11, 2026 – CoreWeave, Inc. (Nasdaq: CRWV), The Essential Cloud for AI™, today reported financial results for the second quarter ended June 30, 2026.” “"This was the strongest bookings quarter in CoreWeave's history, with revenue backlog reaching nearly $100 billion.” Revenue was $2.575 billion in 2026-Q2. Delivery assessment Nov 4, 2026 |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$-1.31 → $-2.10 · observed estimates
$25.01B → $26.50B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $-1.31 | $25,011,008,587 | 14 / 26 |
| 2026-07-25 | $-1.31 | $25,011,008,587 | 14 / 26 |
| 2026-07-26 | $-1.34 | $25,015,320,099 | 14 / 27 |
| 2026-07-27 | $-1.34 | $25,015,320,099 | 14 / 27 |
| 2026-07-28 | $-3.67 | $25,125,677,430 | 17 / 35 |
| 2026-07-29 | $-1.34 | $25,015,320,099 | 14 / 27 |
| 2026-07-30 | $-3.67 | $25,125,755,640 | 17 / 35 |
| 2026-07-31 | $-3.69 | $25,135,536,440 | 17 / 35 |
| 2026-08-01 | $-1.35 | $25,025,452,528 | 14 / 27 |
| 2026-08-02 | $-3.69 | $25,135,536,440 | 17 / 35 |
| 2026-08-03 | $-3.69 | $25,135,536,440 | 17 / 35 |
| 2026-08-04 | $-3.69 | $25,135,536,440 | 17 / 35 |
| 2026-08-05 | $-1.35 | $25,025,452,528 | 14 / 27 |
| 2026-08-06 | $-3.69 | $25,156,465,990 | 17 / 36 |
| 2026-08-07 | $-1.36 | $25,050,125,313 | 14 / 27 |
| 2026-08-08 | $-1.36 | $25,050,125,313 | 14 / 27 |
| 2026-08-09 | $-3.68 | $25,144,546,660 | 17 / 36 |
| 2026-08-10 | $-1.36 | $25,050,125,313 | 14 / 27 |
| 2026-08-11 | $-3.68 | $25,144,546,660 | 17 / 36 |
| 2026-08-12 | $-3.68 | $25,144,546,660 | 17 / 36 |
| 2026-08-13 | $-1.36 | $25,050,125,313 | 14 / 27 |
| 2026-08-14 | $-1.36 | $25,050,125,313 | 14 / 27 |
| 2026-08-15 | $-1.36 | $25,050,125,313 | 15 / 28 |
| 2026-08-16 | $-1.36 | $25,050,125,313 | 15 / 28 |
| 2026-08-17 | $-1.36 | $25,050,125,313 | 15 / 28 |
| 2026-08-18 | $-1.36 | $25,050,125,313 | 15 / 28 |
| 2026-08-19 | $-1.36 | $25,050,125,313 | 15 / 28 |
| 2026-08-20 | $-1.36 | $25,050,125,313 | 16 / 29 |
| 2026-08-21 | $-1.84 | $26,476,713,750 | 16 / 29 |
| 2026-08-22 | $-1.84 | $26,476,713,750 | 16 / 29 |
| 2026-08-23 | $-1.84 | $26,476,713,750 | 16 / 29 |
| 2026-08-24 | $-1.84 | $26,476,713,750 | 16 / 29 |
| 2026-08-25 | $-1.93 | $26,476,713,750 | 16 / 29 |
| 2026-08-26 | $-1.93 | $26,476,713,750 | 16 / 29 |
| 2026-08-27 | $-1.93 | $26,476,713,750 | 16 / 29 |
| 2026-08-28 | $-1.93 | $26,476,713,750 | 16 / 29 |
| 2026-08-29 | $-1.93 | $26,476,713,750 | 16 / 29 |
| 2026-08-30 | $-1.93 | $26,476,713,750 | 16 / 29 |
| 2026-08-31 | $-1.93 | $26,476,713,750 | 16 / 29 |
| 2026-09-01 | $-1.97 | $26,532,955,331 | 16 / 29 |
| 2026-09-02 | $-1.97 | $26,532,955,331 | 16 / 29 |
| 2026-09-03 | $-1.97 | $26,532,955,331 | 16 / 29 |
| 2026-09-04 | $-1.97 | $26,532,955,331 | 16 / 29 |
| 2026-09-05 | $-1.97 | $26,532,955,331 | 16 / 29 |
| 2026-09-06 | $-1.97 | $26,532,955,331 | 16 / 29 |
| 2026-09-07 | $-1.97 | $26,532,955,331 | 16 / 29 |
| 2026-09-08 | $-1.97 | $26,532,955,331 | 16 / 29 |
| 2026-09-09 | $-1.97 | $26,532,955,331 | 16 / 29 |
| 2026-09-10 | $-1.97 | $26,532,955,331 | 16 / 29 |
| 2026-09-11 | $-1.97 | $26,532,955,331 | 16 / 29 |
| 2026-09-12 | $-1.97 | $26,532,955,331 | 16 / 29 |
| 2026-09-13 | $-1.97 | $26,532,955,331 | 16 / 29 |
| 2026-09-14 | $-1.97 | $26,532,955,331 | 16 / 28 |
| 2026-09-15 | $-1.97 | $26,532,955,331 | 16 / 28 |
| 2026-09-16 | $-1.99 | $26,598,436,350 | 16 / 28 |
| 2026-09-17 | $-1.99 | $26,566,037,420 | 16 / 28 |
| 2026-09-18 | $-1.99 | $26,566,037,420 | 16 / 28 |
| 2026-09-19 | $-1.99 | $26,566,037,420 | 16 / 28 |
| 2026-09-20 | $-2.00 | $26,562,446,265 | 16 / 27 |
| 2026-09-21 | $-2.00 | $26,562,446,265 | 16 / 27 |
| 2026-09-22 | $-1.99 | $26,557,166,160 | 16 / 28 |
| 2026-09-23 | $-1.99 | $26,607,006,281 | 16 / 28 |
| 2026-09-24 | $-1.99 | $26,607,006,281 | 16 / 28 |
| 2026-09-25 | $-1.92 | $26,624,763,038 | 17 / 29 |
| 2026-09-26 | $-1.92 | $26,624,763,038 | 17 / 29 |
| 2026-09-27 | $-1.92 | $26,479,374,537 | 17 / 30 |
| 2026-09-28 | $-1.92 | $26,479,374,537 | 17 / 30 |
| 2026-09-29 | $-1.92 | $26,479,374,537 | 17 / 30 |
| 2026-09-30 | $-1.92 | $26,479,374,537 | 17 / 30 |
| 2026-10-01 | $-1.91 | $26,478,821,344 | 18 / 30 |
| 2026-10-02 | $-1.90 | $26,478,837,823 | 18 / 30 |
| 2026-10-03 | $-1.90 | $26,478,786,541 | 18 / 31 |
| 2026-10-04 | $-1.90 | $26,478,786,541 | 18 / 31 |
| 2026-10-05 | $-1.90 | $26,478,786,541 | 18 / 31 |
| 2026-10-06 | $-1.90 | $26,478,786,541 | 18 / 31 |
| 2026-10-07 | $-1.90 | $26,485,478,849 | 18 / 31 |
| 2026-10-08 | $-1.91 | $26,512,017,310 | 18 / 31 |
| 2026-10-09 | $-1.91 | $26,512,017,310 | 18 / 31 |
| 2026-10-10 | $-1.91 | $26,512,017,310 | 18 / 31 |
| 2026-10-11 | $-1.91 | $26,512,017,310 | 18 / 31 |
| 2026-10-12 | $-1.91 | $26,512,017,310 | 18 / 31 |
| 2026-10-13 | $-1.93 | $26,512,010,400 | 18 / 31 |
| 2026-10-14 | $-1.93 | $26,512,010,400 | 18 / 31 |
| 2026-10-15 | $-1.93 | $26,512,010,400 | 18 / 31 |
| 2026-10-16 | $-1.93 | $26,555,176,274 | 18 / 31 |
| 2026-10-17 | $-1.93 | $26,555,176,274 | 18 / 31 |
| 2026-10-18 | $-1.93 | $26,555,176,274 | 18 / 31 |
| 2026-10-19 | $-1.93 | $26,555,176,274 | 19 / 31 |
| 2026-10-20 | $-1.93 | $26,555,189,095 | 19 / 31 |
| 2026-10-21 | $-1.97 | $26,688,408,659 | 19 / 31 |
| 2026-10-22 | $-2.03 | $26,688,408,659 | 19 / 31 |
| 2026-10-23 | $-2.03 | $26,496,198,442 | 19 / 31 |
| 2026-10-24 | $-2.03 | $26,496,198,442 | 19 / 31 |
| 2026-10-25 | $-2.03 | $26,496,198,442 | 19 / 31 |
| 2026-10-26 | $-2.03 | $26,496,198,442 | 19 / 31 |
| 2026-10-27 | $-2.03 | $26,496,198,442 | 19 / 31 |
| 2026-10-28 | $-2.10 | $26,496,198,442 | 19 / 31 |
| 2026-10-29 | $-2.10 | $26,496,198,442 | 19 / 31 |
| 2026-10-30 | $-2.10 | $26,496,198,442 | 19 / 31 |
| 2026-10-31 | $-2.10 | $26,496,198,442 | 19 / 31 |
| 2026-11-01 | $-2.10 | $26,496,198,442 | 19 / 31 |
| 2026-11-02 | $-2.10 | $26,496,198,442 | 19 / 31 |
| 2026-11-03 | $-2.10 | $26,496,198,442 | 19 / 31 |
| 2026-11-04 | $-2.10 | $26,496,198,442 | 19 / 31 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 32 Buy / Strong Buy · 7 Hold · 3 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 6 recorded
0 raises · 5 cuts · 0 unchanged · 4 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Nov 10, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Review earnings4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.