CoreWeave (CRWV) Stock: Price Rallies 18% From Tuesday Lows — Is It a Buy?

TLDR

• CoreWeave launched its Zero Egress Migration program on November 13, eliminating transfer fees for customers moving large datasets from AWS, Google Cloud, Azure, IBM, and Alibaba
• H.C. Wainwright analyst Kevin Dede maintained a Buy rating with a $180 price target on November 12, citing strong fundamentals despite recent stock volatility
• Q3 2025 revenue reached $1.36 billion, up 13%, with $50 billion in performance obligations and a $55.6 billion backlog driven by contracts with Meta and OpenAI
• The stock dropped approximately 50% in one month despite solid business performance, reflecting broader investor skepticism toward AI infrastructure companies
• Nvidia holds around 7% equity in CoreWeave and reported Q3 2025 revenue of $57 billion, up 62% year-over-year, which analysts view as positive for CoreWeave’s outlook

CoreWeave stock has taken a beating over the past month. The shares fell roughly 50% even as the company reported growing revenue and expanded its customer base.

CoreWeave, Inc. Class A Common Stock, CRWV

The selloff reflects broader concerns about AI infrastructure companies. Investors have questioned whether revenue growth can justify the heavy capital spending across the sector.

CoreWeave posted Q3 2025 revenue of $1.36 billion. That represents a 13% increase from the previous quarter.

The company maintains $50 billion in performance obligations. Its backlog stands at $55.6 billion, driven largely by major clients including Meta and OpenAI.

On November 13, CoreWeave introduced its Zero Egress Migration program. The service lets customers move large datasets from competing cloud providers without paying egress fees.

The program supports transfers from AWS, Google Cloud, Azure, IBM, and Alibaba. CoreWeave provides secure managed transfers and real-time monitoring throughout the process.

This move addresses a common pain point for companies with AI workloads. Egress fees from traditional cloud providers can add up quickly when moving large amounts of data.

Analyst Maintains Bullish Stance

H.C. Wainwright analyst Kevin Dede reaffirmed his Buy rating on November 12. He set a $180 price target on the stock.

Dede pointed to CoreWeave’s strong fundamentals and long-term growth potential. His rating came just before the stock’s recent decline accelerated.

A minor guidance reduction triggered what analysts describe as a market overreaction. The company’s core business metrics remained solid despite the adjustment.

CoreWeave has been active on the acquisition front. The company purchased OpenPipe, Weights & Biases, and Monolith AI to expand its capabilities.

These deals strengthen CoreWeave’s position in reinforcement learning and applied machine learning. The company also renewed its Platinum ClusterMAX rating, validating the reliability of its AI infrastructure.

New partnerships with NASA and U.S. government agencies add to the company’s client roster. These contracts demonstrate CoreWeave’s ability to meet stringent security and performance requirements.

Nvidia Connection Draws Attention

Nvidia holds approximately 7% equity in CoreWeave. The chipmaker also supplies the GPUs that power CoreWeave’s data centers.

Nvidia reported Q3 2025 revenue of $57 billion, beating Wall Street expectations of $54.9 billion. Revenue grew 62% year-over-year.

The chip giant forecasts continued strong demand for AI processors. Analysts project Nvidia’s calendar earnings per share could reach $7.75 in 2026 and $9.50 in 2027.

Nvidia owned close to $900 million in CoreWeave shares earlier this year. The company has increased its holdings since then.

Nvidia’s strong earnings report reinforces confidence in the AI infrastructure market. Companies like CoreWeave depend heavily on Nvidia’s GPU technology for their operations.

The AI sector faces a curious dynamic right now. Capital expenditures and investor expectations remain high while current revenues stay relatively modest.

This gap creates volatility for AI infrastructure stocks. CoreWeave’s recent price action illustrates this tension clearly.

CoreWeave specializes in GPU-accelerated workloads for artificial intelligence, machine learning, and high-performance computing. The company operates as a hyperscale cloud and AI data center provider.

The post CoreWeave (CRWV) Stock: Price Rallies 18% From Tuesday Lows — Is It a Buy? appeared first on CoinCentral.