CoreWeave (CRWV) Stock Today, November 18, 2025: Volatility, Analyst Split and AI Bubble Jitters

CoreWeave (NASDAQ: CRWV) is still in the market’s penalty box today, November 18, 2025, as investors digest a brutal post‑earnings sell‑off, fresh analyst commentary and growing chatter that parts of the AI boom may be “dangerously overheated.”

Around midday, CoreWeave shares are trading in the mid‑$70s, roughly flat to slightly lower on the session and hovering just under yesterday’s close of $75.33. ^[1] That’s still almost 30% below where the stock closed on November 10, right before Wall Street fully reacted to its third‑quarter earnings and trimmed outlook. ^[2]

At the same time, CoreWeave is up about 93% year‑to‑date, making it one of 2025’s most volatile large AI infrastructure plays. ^[3] Here’s what’s moving CRWV today and how the latest news fits into the bigger picture.

CoreWeave (CRWV) Stock Price Action on November 18, 2025

Intraday trading: MarketBeat shows CoreWeave at about $75.07, down roughly 0.3% as of 12:22 p.m. Eastern. ^[4]
Daily range: Recent historical data from StockAnalysis and Investing.com suggest today’s trading range is roughly $70.5–$76.7 on volume north of 20 million shares, underscoring how active the name remains. ^[5]
YTD performance: Despite the recent plunge, CRWV is still showing a ~93% year‑to‑date return versus the S&P 500. ^[6]
From hero to headache: The Verge notes that CoreWeave IPO’d at $40 in March and at one point traded as high as $187 in June before sliding back into the $70s. ^[7]

Technically focused site StockInvest has flagged CRWV as a “sell candidate” since early November, citing a drawdown of more than 30% from earlier‑month levels. ^[8] But today’s modest move compared with last week’s carnage suggests the stock may be trying to stabilize in the mid‑$70s—at least for now.

All the Key CRWV Headlines Today (18 November 2025)

Several fresh pieces dropped or were updated today that directly affect how investors see CoreWeave:

1. Seeking Alpha: “Post‑Earnings Pullback” Framed as an Opportunity

A new Seeking Alpha article titled “CoreWeave’s Post‑Earnings Pullback: A Golden Opportunity For Aggressive Growth Investors” landed in the early hours this morning. ^[9]

From what’s visible, the author highlights:

The 16.3% one‑day drop on November 10 after CoreWeave’s Q3 earnings and guidance revision. ^[10]
The argument that, despite the sell‑off, the long‑term growth story remains intact for investors willing to stomach significant volatility.

While the full analysis is behind a paywall, the framing is clear: this is a “high‑risk, high‑reward” AI infrastructure name that some growth‑oriented investors may view as attractive at lower prices.

2. MarketBeat: “Why Is CoreWeave Down Today?”

MarketBeat published an AI‑generated breakdown titled “Why Is CoreWeave Down Today?”, summarizing the cross‑currents currently hitting the stock. ^[11] Key points it flags:

Near‑term negatives
- The Q3 guidance cut and data‑center delays that shifted revenue into later quarters. ^[12]
- A Goldman Sachs price‑target cut from $120 to $105 and a move to a more neutral stance. ^[13]
- Reports of insider selling, which can spook short‑term traders. ^[14]
Offsetting positives
- Multiple Seeking Alpha write‑ups reiterating a bullish long‑term view, arguing that the pullback has improved CRWV’s risk‑reward profile. ^[15]
- Motley Fool coverage emphasizing CoreWeave’s role as a leading “picks and shovels” play in the AI infrastructure boom and highlighting strong demand signals for AI compute. ^[16]
- Zacks commentary pointing out that, despite the trimmed 2025 outlook, CoreWeave continues to win large enterprise and government deals. ^[17]

Net‑net, MarketBeat’s dashboard captures today as a tug of war between escalating risks and still‑bullish long‑term narratives.

3. Wells Fargo TMT Summit Appearance

On the company side, CoreWeave’s management is on the road today:

The company is presenting at the Wells Fargo TMT Summit at 8:00 a.m. Pacific (11:00 a.m. Eastern). ^[18]

The investor‑relations site lists a webcast but, as of this writing, no new formal guidance or press release tied to the event. ^[19] Still, conferences like this often generate incremental commentary and can influence short‑term sentiment if management sounds particularly confident—or particularly cautious.

4. Crunchbase Q&A: “AI Market Is ‘Dangerously Overheated’”

A new Crunchbase Q&A with Mark Klein of SuRo Capital—an early investor in both OpenAI and CoreWeave—describes the AI startup environment as “dangerously overheated.” ^[20]

Klein draws an important distinction:

Infrastructure providers (like GPU clouds and data center operators such as CoreWeave) look more grounded from a unit‑economics perspective.
Some application‑layer AI tools appear far ahead of fundamentals and may face consolidation, pricing pressure or both.

SuRo’s strategy, according to Klein, is to hold more cash and be selective—deploying capital only when valuations justify the risk. ^[21] For CRWV investors, this adds to the sense that even early backers are treating AI valuations with caution, not blind optimism.

5. Barron’s Live Blog: CoreWeave Among Today’s Tech Movers

Barron’s “Stock Market Today” live blog lists CoreWeave alongside Nvidia, Alphabet and Tesla as notable movers while all three major U.S. indices trade lower in a risk‑off session ahead of key macro data. ^[22]

The inclusion underscores that:

CRWV has become one of the headline AI names watched intraday, not just a niche small‑cap.
Broader macro risk‑off flows (concerns about growth, rates and AI froth) are exacerbating the stock‑specific overhang from last week’s numbers.

6. Fallout From the Failed Core Scientific Deal Still Reverberates

Finally, in the broader ecosystem, Pentwater Capital disclosed an 8.5% stake in bitcoin miner and data‑center operator Core Scientific after its planned $9 billion all‑stock merger with CoreWeave fell apart earlier this year. ^[23]

Reuters and CoinDesk have both noted that the failed deal and subsequent data‑center issues have weighed on CoreWeave’s outlook, reinforcing how dependent the company is on smooth execution of large infrastructure projects. ^[24]

The Earnings Hangover: Huge Growth, Tough Guidance

Today’s trading can’t be understood without stepping back to last week’s Q3 2025 earnings.

Blowout Q3 Numbers…

CoreWeave’s official Q3 press release shows: ^[25]

Revenue: $1.36 billion, up from $583.9 million a year ago (roughly +133% year‑over‑year).
GAAP operating income: $51.9 million, but operating margin compressed to 4% vs 20% in Q3 2024 due to higher costs.
Net loss: $110.1 million (‑8% net margin), though that’s a significant improvement from a much larger loss a year earlier.
Adjusted EBITDA margin: a hefty 61%, signaling strong underlying unit economics before debt service and some non‑cash items.
Revenue backlog:$55.6 billion as of September 30, nearly doubling from earlier in the year.

The backlog is anchored by enormous multi‑year AI deals:

An up to ~$14.2 billion agreement with Meta.
An expanded OpenAI deal now totaling up to $22.4 billion in commitments. ^[26]

This is the growth story bullish investors keep coming back to: demand for AI compute is exploding, and CoreWeave is one of a handful of “neocloud” companies positioned to supply it. ^[27]

…But a Sharp Cut to 2025 Guidance

The flip side, and the reason the stock cratered:

CoreWeave lowered its 2025 revenue outlook to $5.05–$5.15 billion, down from a prior target of around $5.25 billion, citing delays at a third‑party data‑center partner and compute supply constraints. ^[28]
Reuters notes that the guidance cut came despite Q3 revenue easily beating analyst estimates, and that shares fell roughly 10% in the immediate aftermath. ^[29]
CoinDesk and other outlets highlighted that fallout from the failed Core Scientific merger added to capacity and planning challenges. ^[30]

Margins are also under pressure:

Adjusted operating margin slipped to 16% from 21% a year earlier, even as revenue soared. ^[31]
Rising infrastructure costs, expensive Nvidia GPUs and intense competition for power and land all weigh on profitability. ^[32]

In short, the growth is real—but so are the costs and execution risks. That tension is exactly what markets are grappling with today.

Wall Street and Analysts: From Euphoria to Mixed Signals

TipRanks: Big Upside on Paper, But Mood Is Cooling

A detailed TipRanks piece (also picked up via MSN) today notes that: ^[33]

CoreWeave shares are still up more than 108% year‑to‑date despite a near 30% drop over five trading days following the guidance cut.
The stock carries a “Moderate Buy” consensus from 26 Wall Street analysts:
- 13 Buy
- 12 Hold
- 1 Sell
The average price target sits around $146.17, implying almost 89% upside from current levels.

Recent analyst actions include:

Compass Point initiating coverage with a Buy rating and a $150 price target, citing the enormous $55.6 billion backlog and long‑dated demand from customers like OpenAI and Meta. ^[34]
J.P. Morgan downgrading CoreWeave from Buy to Hold while keeping a $110 target, pointing to execution risks and delayed projects, but acknowledging strong underlying customer demand. ^[35]
Goldman Sachs cutting its target to $105 and adopting a more neutral stance, a move MarketBeat flags as a key negative catalyst this week. ^[36]

This cluster of ratings paints a picture of waning euphoria: upside still looks large on paper, but the margin for error has shrunk.

Short‑Seller and Media Skepticism Intensify

On the other end of the spectrum, recent coverage has been openly skeptical:

A widely discussed Verge investigation calls CoreWeave the “poster child of the AI infrastructure bubble”, summarizing a Kerrisdale Capital short thesis that describes the company as a heavily leveraged GPU‑rental scheme whose fair value could be as low as $10 per share if things go wrong. ^[37]
The same article details:
- Roughly $2.3 billion in GPU‑backed loans at interest rates around 15%, followed by additional facilities totaling $7.5+ billion at still‑high single‑digit rates. ^[38]
- Heavy dependence on Nvidia, which both supplies all of CoreWeave’s GPUs and has an agreement to buy unused capacity—supportive, but also a sign of how intertwined the two companies are. ^[39]
- Customer concentration: Microsoft reportedly accounted for two‑thirds of revenue in Q3, and is simultaneously building its own AI chips and data centers, making it both CoreWeave’s largest customer and a potential future rival. ^[40]

Add in recent reports about “jarring” CEO comments on leverage and risk—highlighted by Jim Cramer and investment sites like Insider Monkey—and it’s no surprise that sentiment has swung sharply more cautious over the past month. ^[41]

AI Bubble or Structural Growth Story? What Today’s News Suggests

Putting today’s headlines together, you can see three competing narratives around CRWV:

1. The Bull Case: Essential AI Infrastructure at a Discount

Triple‑digit revenue growth and a $55.6 billion backlog anchored by blue‑chip customers. ^[42]
Strong adjusted EBITDA margins (~61%) suggesting attractive unit economics before interest expense and capex. ^[43]
An ecosystem where Nvidia, OpenAI and Meta are all tied into CoreWeave’s growth story. ^[44]
Multiple analysts and Seeking Alpha contributors framing the recent pullback as a buy‑the‑dip opportunity for aggressive investors. ^[45]

From this angle, today’s modest slide looks like part of a typical digestion phase after a violent repricing.

2. The Bear Case: Levered Bet in a Potential AI Bubble

Heavy reliance on expensive debt secured by GPUs, with floating interest rates in a still‑uncertain macro environment. ^[46]
Execution risks around mega‑data‑center projects, illustrated by delayed facilities and the failed Core Scientific tie‑up. ^[47]
Intensifying competition from hyperscalers and rivals like Nebius, which is also signing multi‑billion‑dollar AI infrastructure deals with big tech. ^[48]
Growing concern from investors like SuRo’s Mark Klein that parts of the AI market are “dangerously overheated,” encouraging more disciplined capital deployment. ^[49]

In this view, today’s price action is just another step in repricing a frothy, levered story to something more realistic.

3. The Middle Ground: High‑Beta AI Proxy for Risk Appetite

Given how frequently CRWV now appears in market‑wide live blogs and sentiment dashboards, it’s increasingly functioning as a high‑beta proxy for AI risk appetite:

When macro risk‑off days hit—like today—CoreWeave often ends up on the list of notable tech decliners, even on relatively light company‑specific news. ^[50]
Yesterday’s and today’s articles show that media narratives and analyst notes can move the stock intraday simply by reframing the balance between upside and risk. ^[51]

For traders and investors, that means CRWV is likely to remain volatile and extremely sensitive to:

Any update on data‑center build‑outs and capacity.
Changes in AI spending plans from big customers like Microsoft, Meta, OpenAI and major enterprises.
Shifts in interest rates and credit conditions, which directly affect its cost of capital.

What to Watch Next if You Follow CRWV

If you’re tracking CoreWeave stock after today, here are the key signposts to watch:

Follow‑ups from the Wells Fargo TMT Summit
– Any commentary on balancing growth, leverage and profitability will be closely parsed. ^[52]
Updated Analyst Targets and Ratings
– See whether more firms follow Goldman’s lead in trimming price targets, or whether new initiations echo Compass Point’s bullish stance. ^[53]
Data‑Center and Capacity Updates
– Confirmation that delayed projects are back on track could ease fears that the lower 2025 guidance is the start of a longer pattern. ^[54]
Debt and Financing Moves
– Any refinancing, additional GPU‑backed loans or changes in interest rates will matter for equity holders in such a highly levered name. ^[55]
Macro AI Sentiment
– Articles like Klein’s Q&A and The Verge’s deep dive show the narrative is shifting from “AI can only go up” to “Who survives when growth normalizes?” ^[56]

Final Word (Not Investment Advice)

CoreWeave on November 18, 2025, sits at the intersection of explosive AI demand and very real financial and execution risk. Today’s modest move masks the fact that the stock is still digesting one of its sharpest drawdowns since going public, even as Wall Street models point to big long‑term upside.

Whether CRWV is a bargain or a bubble will depend on:

How quickly it can turn its $55+ billion backlog into profitable, cash‑generating revenue. ^[57]
Whether it can manage its debt load and capital intensity without diluting shareholders or missing critical milestones. ^[58]

This article is for information and news purposes only and is not financial advice or a recommendation to buy or sell CoreWeave stock. If you’re considering an investment, it’s important to weigh the company’s high growth potential against its leverage, competitive landscape and your own risk tolerance, ideally in consultation with a qualified financial professional.

CoreWeave Stock Investors Need to Know These Facts! | CRWV Stock Analysis