CoreWeave Stock Plunges 9.1% on Earnings Miss

On August 13, 2025, CoreWeave's stock price dropped by 9.1% in pre-market trading.

CoreWeave, a cloud computing company, reported its second-quarter results, which included a larger-than-expected loss. This disappointing financial performance led to a significant drop in the company's stock price. The adjusted loss per share was $0.60, which was higher than the consensus estimate of a $0.49 loss per share. Despite the revenue growth, investors were skeptical about the company's AI infrastructure valuations, leading to a 6% post-earnings stock drop.

CoreWeave's Q2 revenue surged by 206% to $1.213 billion, but the substantial earnings miss overshadowed this achievement. The company's financial results for the second quarter of 2025 revealed a significant revenue increase but a notable earnings miss, which contributed to the stock's volatility. The market's reaction to CoreWeave's earnings report reflects investor concerns about the company's financial health and future prospects.