1. CoreWeave cuts fiscal 2025 revenue outlook due to supply constraints. 2. Despite setbacks, demand for AI infrastructure remains strong, with backlogs up 50%. 3. Analyst lowers price target from $168 to $140, rating neutral. 4. Company's backlog surged 200% YoY, indicating strong future demand. 5. Temporary construction delays affect earnings, confident resolve by early next year.
The revenue outlook cut and price target downgrade indicate investor caution. Historical examples show that similar guidance adjustments often lead to short-term price declines.
The article discusses critical adjustments to revenue and capital expenditure forecasts, affecting investor perceptions of CoreWeave's future performance and likely stock price.
The supply constraint is expected to be resolved early next year, indicating limited long-term impact. Investors may react quickly to quarterly earnings updates that reflect ongoing supply challenges.