+ Discretionary bonus + Equity awards
More locations: Livingston, NJ, USA | New York, NY, USA | Bellevue, WA, USA | Sunnyvale, CA, USA
CoreWeave provides cloud computing resources tailored for GPU-accelerated workloads. It offers high-performance, pay-as-you-go access to NVIDIA GPU hardware hosted on bare-metal servers managed by Kubernetes, enabling tasks such as Generative AI, machine learning, LLM inference, VFX rendering, and pixel streaming. Users run GPU-intensive workloads on a fully managed, serverless Kubernetes platform without needing to own or manage the underlying hardware. The company differentiates itself by specializing in GPU workloads, offering a wide range of NVIDIA GPUs, and reducing operational burden through its bare-metal, Kubernetes-based infrastructure. CoreWeave’s goal is to deliver scalable, cost-efficient, high-performance infrastructure for AI, HPC, and digital content creation workloads.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Livingston, New Jersey
Founded
2017
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CoreWeave, Inc. (CRWV) stock: rises as AI cloud reliability sets new standards. CoreWeave strengthens its AI cloud infrastructure position as CRWV stock gains after earning SemiAnalysis' top reliability rating. Tldr. Table of Contents * CoreWeave stock rises after earning SemiAnalysis Platinum recognition again. * CRWV strengthens its AI cloud position through improved infrastructure systems. * SemiAnalysis ranks CoreWeave as a leader in cloud reliability standards. * The company expands services for demanding computing workloads globally. * CoreWeave shares move higher as market momentum improves after recognition. CoreWeave Inc. (CRWV) shares gained as the company strengthened its position in artificial intelligence cloud infrastructure. The stock closed at $86.90 after rising 0.16%, while pre-market activity pushed shares higher. The move followed recognition from SemiAnalysis for CoreWeave's continued platform reliability. CoreWeave expands cloud leadership through reliability recognition. CoreWeave secured the Platinum ClusterMAX rating from SemiAnalysis for a third consecutive evaluation. The recognition measures cloud providers based on their ability to support large-scale artificial intelligence workloads. CoreWeave remained the only provider to achieve Platinum status across all three assessments. SemiAnalysis evaluated multiple cloud providers through production-focused testing and operational benchmarks. The review examined reliability, performance, scalability, and infrastructure management capabilities. CoreWeave maintained its position as a leading provider for demanding computing requirements. The company has built systems focused on maintaining stable operations across complex computing environments. These systems identify hardware issues, test available resources, and improve recovery processes. As a result, CoreWeave continues strengthening its infrastructure for advanced computing applications. CRWV stock gains momentum as infrastructure demand expands. CoreWeave's recent market movement followed continued expansion in the artificial intelligence infrastructure sector. The company has increased its focus on delivering high-performance cloud services for enterprise workloads. Meanwhile, demand for specialized computing resources continues to grow across several industries. The company has also reported strong benchmark results through independent performance evaluations. These results highlight improvements in processing speed, efficiency, and service delivery. Consequently, CoreWeave has attracted greater attention within the expanding cloud infrastructure market. CoreWeave previously achieved strong results in independent testing focused on inference performance and price efficiency. The company continues improving its technology stack to support increasingly complex workloads. However, its latest recognition further highlights its operational progress and infrastructure development. Limited Time Offer Get 3 free stock ebooks. Discover top-performing stocks in AI, Crypto, and Technology with expert analysis. * Top 10 AI Stocks - Leading AI companies * Top 10 Crypto Stocks - Blockchain leaders * Top 10 Tech Stocks - Tech giants
CoreWeave, which rents out AI computing capacity, saw its revenue jump 112% to $2.6 billion in the second quarter. However, the company posted a net loss of $1.14 per share, compared to a loss of $0.60 per share in the same period last year. Wall Street analysts remain optimistic about the stock, setting an average price target that implies 63% upside from current levels. The company ended the quarter with a revenue backlog of $104 billion, which grew 5% quarter-over-quarter and 246% year-over-year. CoreWeave faces concerns including rising debt, heavy reliance on a few major customers, and recent share dilution. Building AI computing capacity requires significant investment, contributing to the company's operating loss of $49 million in the quarter.
UBS has initiated coverage of CoreWeave with a Buy rating and a $120 price target, implying roughly 40% upside. Analyst Karl Keirstead called the recommendation "non-consensus," noting that Street sentiment remains cautious with the stock trading at just 3 times 2027 revenue. Keirstead believes concerns around leverage and credit risk are peaking. He expects investors to rotate back into AI infrastructure plays, citing strong enterprise demand for AI compute and CoreWeave's reputation for reliability. The company currently generates about $11 billion revenue per gigawatt, which the analyst expects will rise above $15 billion over time. CoreWeave shares are up 19% this year despite customer concentration risks, with 72% of revenue coming from three clients.
CoreWeave stocks receive UBS buy rating with $120 target price. 2026-09-23 11:46:33 Key takeaways. * UBS initiated 'buy' coverage of CoreWeave with $120 target price on the 23rd local time. * CoreWeave trades at 3 times estimated 2027 revenue, offering attractive valuation versus competitors. * CoreWeave requires $102 billion additional funding through 2030 for 8GW data center capacity. CoreWeave (CRWV) received a 'buy' rating from UBS on the 23rd (local time). The investment bank set a target price of $120 per share, representing approximately 38.3% upside from the previous closing price of $86.76. UBS analyst Karl Keirstead stated that despite weakened AI investment sentiment, demand signals and growth momentum from major AI research labs remain strong, increasing the likelihood of investors returning to AI-related US stocks. The analyst noted CoreWeave is trading at approximately 3 times its estimated 2027 revenue, offering attractive valuation compared to competitors amid robust artificial intelligence infrastructure demand. UBS initiates coverage with $120 target price. According to Barron's on the 23rd (local time), UBS initiated coverage of CoreWeave with a 'buy' investment opinion and a target price of $120. Karl Keirstead, UBS analyst, assessed that the company trades at approximately 3 times its estimated 2027 revenue, providing higher valuation attractiveness compared to competitors. CoreWeave faces $102 billion funding requirement through 2030. UBS identified large-scale funding burden as a risk factor. CoreWeave is expected to invest approximately $260 billion between 2027 and 2030 to secure 8GW of data center power capacity by 2030. Keirstead estimated that approximately $102 billion in additional funding will be required for this purpose. The analyst stated that long-term contracts with creditworthy customers including NVIDIA (NVDA), Microsoft (MSFT), and Meta (META) will help mitigate financial cost burdens. He explained that recent financing rates have decreased from approximately 15% in 2023 to the 9-11% range. As of 12:41pm local time on the 23rd, CoreWeave stock was trading at $88.13, up 1.58% from the previous day. Faq. What target price did UBS set for CoreWeave stocks? UBS set a target price of $120 per share for CoreWeave on the 23rd (local time), representing approximately 38.3% upside from the previous closing price of $86.76. How much additional funding does CoreWeave need through 2030? UBS analyst Karl Keirstead estimated that CoreWeave will require approximately $102 billion in additional funding to support its planned $260 billion investment between 2027 and 2030 for securing 8GW of data center power capacity by 2030. What is CoreWeave's current valuation compared to competitors? CoreWeave is trading at approximately 3 times its estimated 2027 revenue, which UBS analyst Karl Keirstead assessed as offering higher valuation attractiveness compared to competitors in the AI cloud infrastructure sector. Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
CoreWeave (CRWV) stock gains momentum on UBS bullish call and cloud partnership. Key highlights. Table of Contents * CoreWeave shares gained approximately 1% during Wednesday's premarket session. * UBS initiated coverage with a Buy recommendation and set a $120 price objective. * The analyst's target suggests potential upside of around 38% from Tuesday's closing price. * A new multi-year cloud services agreement with Harell Data was unveiled. * Significant debt levels and concentrated customer base continue to pose challenges for investors. CoreWeave (CRWV) shares advanced approximately 1% in premarket trading Wednesday, reaching around $87.65 after settling at $86.76 the previous session. The stock posted a 1.6% increase on Tuesday and has climbed roughly 19% year-to-date. The primary driver behind the rally is an optimistic assessment from UBS. Analyst Karl Keirstead launched coverage with a Buy recommendation and established a $120 price objective, signaling approximately 38% appreciation potential from the prior day's close. UBS characterized its stance as contrarian given the prevailing cautious sentiment surrounding CoreWeave among investors. The investment bank believes concerns regarding financial leverage and credit exposure may be nearing their zenith. UBS projects robust AI infrastructure growth. Keirstead contends that the market may be undervaluing the sustained strength of AI computing demand. He anticipates demand will increasingly originate from corporate enterprises alongside major AI model developers. UBS forecasts improved GPU profitability metrics will boost CoreWeave's revenue per gigawatt. The firm projects this metric could ultimately exceed $15 billion, up from approximately $11 billion presently. CoreWeave currently commands a valuation of roughly three times UBS's 2027 revenue projection. Keirstead considers this multiple appealing for a business anticipated to deliver aggressive top-line expansion, though this thesis hinges substantially on sustained AI infrastructure investment. The $120 price objective reflects approximately 3.8 times estimated 2028 revenue. UBS emphasized CoreWeave's track record for infrastructure dependability as a key differentiator in the AI cloud marketplace. CoreWeave's financial structure remains a focal point for stakeholders. The company finalized an expanded $4.2 billion issuance of 2.875% convertible senior notes maturing in 2033 on September 22. Biotech partnership provides secondary boost. CoreWeave unveiled a multi-year collaboration Wednesday with Harell Data. The biotechnology data platform will leverage CoreWeave Cloud for AI model training, customization, and inference operations. Harell Data's technology enables scientists to develop models using proprietary research datasets while maintaining data security. Training operations will utilize Nvidia A100 and Hopper GPU architectures provided by CoreWeave. The partnership furnishes CoreWeave with another enterprise application beyond the major AI laboratories that have fueled significant growth. Financial details of the arrangement were not revealed, making near-term revenue contributions difficult to assess. Primary investment concerns include elevated leverage, increasing borrowing expenses, and customer concentration. UBS observed that approximately 72% of CoreWeave's revenue derives from merely three clients, creating vulnerability to spending fluctuations among a limited number of accounts. CoreWeave additionally confronts questions regarding long-term profitability in AI infrastructure as competitive pressures intensify and capital expenditure demands remain substantial. The company's robust expansion supports the optimistic perspective, but debt and concentration vulnerabilities remain significant considerations. Currently, UBS's $120 price target appears to be the principal catalyst for Wednesday's premarket advance, while the Harell Data partnership offers supplementary positive momentum. CRWV was changing hands near $87.65 ahead of market open. Limited Time Offer Get 3 free stock ebooks. Discover top-performing stocks in AI, Crypto, and Technology with expert analysis. * Top 10 AI Stocks - Leading AI companies * Top 10 Crypto Stocks - Blockchain leaders * Top 10 Tech Stocks - Tech giants