Overview

• Two Seeking Alpha analyses published Sept. 27 take a bullish stance on CoreWeave, with one initiating a buy after a valuation pullback.
• Both pieces spotlight what they describe as a Nvidia backstop that guarantees data‑center utilization and minimum revenue.
• The company is reported to have a $30.1 billion backlog alongside a contract expansion with OpenAI supporting continued growth.
• The authors argue CoreWeave is constrained by capacity rather than demand, even as cash burn, capex and leverage remain elevated.
• Risks flagged include a rich valuation, expected unprofitability through 2026, and sensitivity to shifts in AI market sentiment.