CoreWeave (CRWV) Stock on December 2, 2025: AI Cloud Backlog, Debt Risks and 2026 Outlook After the Guidance Cut
Updated: December 2, 2025 – This article is for information only and is not financial advice. 1. Where CoreWeave Stock Stands Today CoreWeave, Inc. (NASDAQ: CRWV) went public on March 28, 2025 at $40 per share in one of the largest AI-focused IPOs of the year, raising about $1.5 billion and debuting with a market value around $14 billion. CoreWeave+2CoreWeave+2 Fast-forward to December 2, 2025, and the numbers look very different: In other words: CoreWeave is still a high‑growth, high‑valuation, loss‑making AI infrastructure stock that has had a huge run since IPO—followed by a brutal drawdown from its peak. 2.