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CoreWeave Stock Drops as AI Cloud Specialist Balances Soaring Sales and Mounting Costs

A sharp pullback leaves the high-growth, loss-making provider trading near 11 times sales.

Overview

  • Revenue rose 205% to $3.6 billion in the first nine months of 2025 as demand for AI-ready infrastructure accelerated.
  • CoreWeave focuses on infrastructure built for large generative AI workloads, with Nvidia as both GPU supplier and customer and Microsoft as a customer.
  • The company posted a $771 million net loss over the same period, reflecting ongoing unprofitability despite rapid growth.
  • Total debt now exceeds $14 billion, up from just under $8 billion a year earlier, following more than $6.2 billion in year-to-date capital spending.
  • Shares have sold off in recent sessions, with the article citing an approximate $79 price and a price-to-sales ratio near 11 that some investors may find attractive despite elevated risk.