Q1/FY25 Earnings Plunge & Backlog/Margin Dispersion
Key Questions
What were CoreWeave's Q1 earnings results?
Q1 revenue reached $982M, up 420%, but with a $370M loss and stock down 5% to $74.50. The $1.9-2B guidance was missed.
How did CoreWeave perform in Q4 and FY25 guidance?
Q4 revenue was $1.57B, up 110%, with a $452M loss and -$0.89 EPS miss. FY25 guidance is $5.1B revenue growth of 168%, contrasting $30B capex and debt pressures with $1.2B projected losses.
What are the analyst price targets for CoreWeave?
Consensus PT is $121, with BofA at $100, Stifel $110, Bernstein $56, Barclays $90, and Simply Wall St bull $202/bear $54. Coverage highlights AI infrastructure amid profitability doubts.
What concerns surround CoreWeave's financials?
Rising debt over $29B, high capex ($30B), and ongoing losses ($370M Q1, $452M Q4, $1.2B FY25) raise doubts, despite revenue growth, with Q1 earnings on May 20 as a key catalyst.
How has CoreWeave's stock reacted to earnings and debt news?
Stock fell 5% to $74.50 post-Q1 amid losses and guidance miss, with sideways movement this year despite debt concerns and $8.5B financing boosting it 12% previously.
Q1 $982M+420%/$370M loss/-5% to $74.50/$1.9-2B guide miss; Q4 $1.57B+110%/$452M loss/-$0.89 EPS miss/FY25 $5.1B+168% vs $30B capex/debt squeeze/$1.2B losses; PT cons $120/BofA Buy$100/Stifel$110/Bern$56/Barclays$90/SimplyWallSt bull$202 bear$54; Q1 May20 catalyst amid profitability doubts and recent PT reaffirms.