Coreweave pre-market rises over 7%, surpasses USD 100
Title: CoreWeave Stock Rises Over 7% in Pre-Market Trading, Surpasses $100
CoreWeave Inc. (NASDAQ: CRWV) experienced a significant rebound in pre-market trading on September 9, 2025, with its stock rising by over 7% and surpassing the $100 mark. This upward movement comes amidst ongoing market volatility and investor concerns surrounding the company's aggressive expansion strategy and leadership decisions.
The stock's performance follows a tumultuous summer, where it saw a substantial decline of over 55% from its peak in June, closing at $84.50 last week . Despite this decline, the stock has shown resilience, with a modest 10% rebound in the past two sessions. However, analysts note that a decisive shift back to bullish territory would require CRWV to climb above its August high near $150 .
The broader AI-infrastructure space has also shown signs of unease, with CoreWeave and rival Super Micro Computer (NASDAQ: SMCI) experiencing heavy selling pressure in August . This broader market unease suggests that the challenges faced by CoreWeave are not isolated but indicative of a larger market trend.
At the heart of investor concerns is CoreWeave’s proposed $9 billion acquisition of Core Scientific, which has been plagued by delays and negotiations over better terms . Additionally, the company announced the acquisition of OpenPipe, a niche player in AI agent training, but details remain scarce, and concerns about dilution have intensified .
Leadership behavior has also contributed to market uncertainty. CEO Michael N. Intrator sold 50,000 shares in August, raising questions about management's outlook on short-term performance . Furthermore, CoreWeave executives sold significant amounts of stock in early September, with Director Jack D. Cogen selling over 1.1 million shares for approximately $104.3 million .
Despite these challenges, CoreWeave's Q2 earnings highlighted the explosive growth of AI infrastructure demand, with revenue surging to $1.21 billion and a $30.1 billion backlog . However, the company faces significant net losses and high capital expenditures, with net losses widening to $290.5 million in Q2 .
CoreWeave has launched CoreWeave Ventures, a new unit aimed at investing in founders and companies building platforms and technologies for the AI ecosystem and next-generation computing [^2, 3]. The program offers investment resources, technical expertise, and computing power to help founders accelerate their market entry.
Analysts project substantial revenue growth of 174% for fiscal year 2025, with Cantor Fitzgerald initiating coverage on CoreWeave with an Overweight rating and a price target of $116, citing a balance between AI market opportunities and execution risks . H.C. Wainwright upgraded CoreWeave’s stock rating from Neutral to Buy, setting a price target of $180, attributing recent selling pressure to early investor liquidation rather than issues with the company’s fundamentals .
In conclusion, while CoreWeave faces significant challenges and market uncertainties, its stock has shown resilience and rebounded in pre-market trading. The company's aggressive expansion strategy, leadership decisions, and financial performance will continue to be closely watched by investors and analysts.
References:
https://www.fxleaders.com/news/2025/09/08/crwv-stock-bounces-10-yet-coreweave-profitability-concerns-remain/
https://seekingalpha.com/news/4493263-coreweave-launches-ventures-arm-to-invest-in-ai
https://www.investing.com/news/company-news/coreweave-launches-ventures-arm-to-back-ai-ecosystem-startups-93CH-4230851
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