CoreWeave (CRWV) Stock: What Wall Street Expects from Q2 Earnings Tuesday

TLDR

• CoreWeave reports Q2 earnings on August 11, with options traders pricing in a move of up to 15% in either direction.
• Revenue is expected to more than double year-over-year to around $2.55-2.56 billion.
• Losses are projected to widen to $1.22-1.40 per share as hardware costs rise.
• Deutsche Bank raised its price target to $150; Wells Fargo sits at $155, both with Buy ratings.
• Wall Street’s average price target of around $129-147 implies 43-60%+ upside from current levels.

CoreWeave is set to report its second-quarter earnings after the closing bell on August 11. The stock has gained roughly 27-30% year-to-date, though it remains about 35% below its highs from earlier this year.

CoreWeave, Inc. Class A Common Stock, CRWV

Options traders are pricing in a move of up to 15% in either direction following the results. That kind of swing from recent levels could push CRWV above $102 or pull it down toward $79.

The stock’s recent volatility has been tied to concerns over data center construction delays and rising costs. Those worries have kept some investors on the sidelines even as demand for GPU compute capacity stays strong.

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