StockNews.AI
CRWV
Benzinga
2 mins

These Analysts Revise Their Forecasts On CoreWeave After Q3 Results

1. CoreWeave reported Q3 revenue of $1.36 billion, exceeding expectations. 2. Adjusted loss was $0.08 per share, better than the estimated loss of $0.37. 3. Revenue backlog nearly doubled to over $55 billion, indicating strong growth potential. 4. Analysts adjusted price targets post-earnings, showing mixed sentiment. 5. Shares fell 8.2% in pre-market trading despite positive earnings results.

3m saved
Insight
Article

FAQ

Why Neutral?

While CRWV exceeded revenue expectations, the price drop indicates market disappointment. Historical examples show mixed reactions to earnings beats.

How important is it?

The positive earnings report is crucial for investor sentiment, though price targets were lowered.

Why Short Term?

Market reactions like the 8.2% drop suggest immediate investor concerns but may stabilize over time.

Related Companies

Related News