CoreWeave Stock Price Down 53%: Is It Time to Buy Again?

CoreWeave (CRWV) has seen its stock price plummet by 53% from its record high of $183.58 in June 2025 to around $86 today. Despite this decline, analysts still expect CoreWeave's revenue and adjusted EBITDA to grow at CAGRs of 101% and 110%, respectively, from 2025 to 2028.

The company has experienced explosive growth since it went public in March 2025 at $40 per share. Its top customers include Meta Platforms, Microsoft, OpenAI, and Anthropic, which are drawn to its cloud-based AI infrastructure services that process tasks roughly 35 times faster and 80% more cheaply than cloud infrastructure leaders like Amazon Web Services (AWS) and Microsoft Azure.

CoreWeave's business is not without its weaknesses. The company is deeply unprofitable under generally accepted accounting principles (GAAP), with a debt-to-equity ratio of 14.3, which could overwhelm its slowing top-line growth if interest rates rise or AI leaders adopt a more cautious approach to expanding their platforms.