NEW YORK, Dec. 27, 2025, 10:36 a.m. ET — Market closed
CoreWeave, Inc. (Nasdaq: CRWV) stock is heading into the weekend with investors still debating the same high-stakes question that has defined the AI-infrastructure trade in late 2025: can CoreWeave’s demand and contract backlog outrun the company’s capital intensity, leverage, and execution risk—fast enough to justify the stock’s roller-coaster moves?
When the market last traded during Friday’s regular session (Dec. 26), CoreWeave shares finished at $76.42, down about 3.1% on the day, after changing hands as low as $75.73 with roughly 13.9 million shares traded, according to MarketBeat’s recap. [1]
With U.S. exchanges closed today, attention turns to Monday’s reopening session (Dec. 29)—and whether the latest headlines and analyst commentary will add fuel to what has already been one of the market’s most volatile AI “picks-and-shovels” names.
CoreWeave stock price: where CRWV left off before the weekend
Friday’s slide left CRWV at $76.42, while multiple market dashboards showed post-market indications just under that level late Friday evening. [2]
MarketBeat also highlighted the stock’s broader context—an AI infrastructure play with heavy leverage, a thin liquidity environment typical of year-end holiday trading, and a Wall Street view that remains far from unanimous. [3]
News in the last 24–48 hours: lawsuit “investigation” headlines surface again
One of the most widely syndicated headlines around CoreWeave in the last 48 hours came from PR Newswire, where the plaintiffs’ firm Kessler Topaz Meltzer & Check, LLP said it is “investigating” potential federal securities law violations on behalf of CoreWeave investors. The release references CoreWeave’s Nov. 10, 2025 quarterly update and notes that the company cut its full-year 2025 revenue and capex forecasts due to data-center capacity limitations, while also including contact information for KTMC attorney Jonathan Naji. [4]
It’s important for investors to read these releases carefully: an “investigation” announcement is not the same thing as a court ruling, but it can influence sentiment—especially for a stock that’s already trading on confidence around execution and financing.
Institutional positioning: a new 13F-based snapshot hits headlines
Another fresh story drawing attention over the past day focused on institutional positioning. MarketBeat reported that Cwm LLC increased its CoreWeave stake in the third quarter, and the same write-up flagged other notable institutional positions (including a reported new position by Cisco and increased holdings by other firms), while also reiterating that recent months have seen substantial insider selling activity. [5]
Because 13F filings are backward-looking by design, traders typically treat them as context rather than a real-time signal. Still, in a high-beta name like CRWV, any reminder of who is accumulating—or distributing—can shape the Monday narrative.
Analyst outlook: “Hold” consensus, but a wide range of targets
Wall Street’s view of CoreWeave remains sharply divided.
MarketBeat’s Friday note described a consensus “Hold” rating and cited an average target price of $127.70, while also pointing to a mix of firm-level targets and ratings (including references to Goldman Sachs trimming its target and other banks setting targets that span a wide range). [6]
At the same time, a separate MarketBeat roundup published Saturday reiterated a similar “Hold” consensus and cataloged several price targets and stances from major firms (including Wells Fargo, Loop Capital, HC Wainwright, Macquarie, and Roth Capital)—a reminder that “AI infrastructure” is a crowded theme, but CRWV is being priced as a much more idiosyncratic story than many peers. [7]
One bear-case expert investors are citing: DA Davidson’s Gil Luria
A widely read Motley Fool analysis published Friday underscored the downside case through Gil Luria of DA Davidson, who the piece said has a $36 price target—framing CoreWeave as a company whose heavy investment cycle and financing costs can overwhelm operating progress if growth or timelines slip. [8]
Whether investors agree or not, that kind of sharply lower target is part of why CRWV can see outsized moves on relatively small shifts in the newsflow: the market is still arguing about what “normal” earnings power looks like for this business model.
2026 growth forecasts: revenue expectations remain huge—so is the execution bar
Even with investor nerves elevated, top-line expectations remain aggressive.
A 24/7 Wall St. analysis published in the last 24 hours said Wall Street projects AI infrastructure stocks—including CoreWeave—could see 2026 revenue growth rates ranging from over 135% to 521% in its peer set. In its CoreWeave section, the article cited CoreWeave’s revenue backlog exceeding $55 billion, referenced 2025 revenue guidance of $5.05 billion to $5.15 billion, and said analysts project average 2026 revenue of $12.01 billion—implying roughly 134% to 138% growth. [9]
But the same analysis also emphasized what has weighed on CRWV for much of the second half: concerns about heavy debt and whether CoreWeave can execute on a massive buildout without delays or costly financing surprises. [10]
Why CoreWeave’s “AI cloud” story still attracts bulls despite the risks
CoreWeave’s core bull thesis hasn’t changed: the company positions itself as a purpose-built cloud platform for AI workloads—designed to deliver GPU compute capacity to customers building and running large AI systems. [11]
CoreWeave itself has also leaned into credibility-building partnerships and public-sector positioning. In a Dec. 18 company release, CEO Michael Intrator said CoreWeave joined the U.S. Department of Energy’s Genesis Mission initiative and described it as a national commitment to accelerating scientific discovery—an example of how the company is trying to broaden its narrative beyond “just another GPU lessor.” [12]
That strategic story matters because, for many institutional investors, the real bet is not just near-term earnings—it’s whether CoreWeave can become a long-duration “infrastructure layer” for enterprise and government AI spending.
The financing overhang: debt, convertibles, and capex remain central
CoreWeave’s bear case is also structurally clear: building AI infrastructure at scale requires enormous capital.
In early December, the company announced plans for a $2 billion convertible senior notes offering due 2031, detailing typical convertible features (conversion terms, capped call transactions, and hedging activity that can influence stock trading). [13]
Meanwhile, earlier reporting has tied downside moves to concerns about data center timing and capacity. Reuters previously reported that CoreWeave trimmed its annual revenue forecast in November after a delay at a third-party data center partner, tempering enthusiasm even as demand for AI cloud services remained strong. [14]
For investors watching CRWV into Monday, this is the crux: the stock can rise fast when demand and capacity expansion look “on track,” and it can fall fast when timelines, funding, or partner readiness look uncertain.
What investors should know before Monday’s next session
With markets closed today, here are the most practical, session-ahead factors likely to matter when trading resumes Monday (Dec. 29):
- Headline risk from legal notices. PR-distributed “investigation” announcements can drive clicks—and sometimes volatility—regardless of ultimate legal merit. The most circulated release in the last 48 hours is the PR Newswire notice from Kessler Topaz. [15]
- Any new analyst target changes. With CRWV still carrying a consensus “Hold” in some roundups but featuring targets across a wide band, even one additional downgrade/upgrade can move the tape, especially in thin year-end liquidity. [16]
- Institutional and insider narrative. Fresh stories citing institutional stakes and insider sales have been circulating into the weekend; investors should separate timing of the headline from timing of the underlying transaction or filing. [17]
- Execution cues. The market has repeatedly focused on whether capacity ramps and partner data centers are arriving on schedule. That theme is still front-and-center in both recent commentary and prior reporting. [18]
- Volatility is the baseline, not the exception. As one widely shared bearish view highlighted, the spread between bullish growth math and skeptical financing math is unusually wide for CRWV—one reason price targets can differ dramatically. [19]
Bottom line for the weekend
CoreWeave stock goes into Monday’s session with big-growth forecasts still on the table, but also with renewed attention on legal headlines and financing risk. Friday’s close near $76 underscores how quickly sentiment can swing—especially when investors are weighing backlog-driven optimism against capex-heavy reality. [20]
References
1. www.marketbeat.com, 2. www.marketbeat.com, 3. www.marketbeat.com, 4. www.prnewswire.com, 5. www.marketbeat.com, 6. www.marketbeat.com, 7. www.marketbeat.com, 8. www.fool.com, 9. 247wallst.com, 10. 247wallst.com, 11. 247wallst.com, 12. investors.coreweave.com, 13. investors.coreweave.com, 14. www.reuters.com, 15. www.prnewswire.com, 16. www.marketbeat.com, 17. www.marketbeat.com, 18. 247wallst.com, 19. www.fool.com, 20. www.marketbeat.com
