Wall Street Is Warming Back Up to CoreWeave Stock. Long-Term Demand Is Helping.
CoreWeave said OpenAI’s five-year AI cloud deal worth $11.9B (signed March 2025) was expanded twice to about $22.4B. Meta also expanded its agreement through Dec. 2032 valued at about $21B (about $35.2B total with earlier commitments). Jane Street signed a $6B AI cloud deal; CoreWeave’s financial-services backlog is $10B. Q1 2026 revenue rose to $2.08B (+111.6% YoY) but loss was $1.40/share. Operating cash flow was ~$3B; cash was $2.2B vs $8.1B short-term debt. Analysts: “Moderate Buy,” mean tar