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CoreWeave falls after Q2 revenue outlook miss, but analysts remain bullish

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CoreWeave falls after Q2 revenue outlook miss, but analysts remain bullish

CoreWeave shares fell about 8% premarket after a second-quarter revenue outlook miss, signaling near-term execution risk. Despite the guidance disappointment, analysts stayed constructive: Wells Fargo reiterated Overweight and raised its price target to $155. The move suggests the stock may see volatility, but the selloff could be tempered by continued bullish analyst support.

Analysis

CoreWeave shares fell about 8% premarket after a second-quarter revenue outlook miss, signaling near-term execution risk. Despite the guidance disappointment, analysts stayed constructive: Wells Fargo reiterated Overweight and raised its price target to $155. The move suggests the stock may see volatility, but the selloff could be tempered by continued bullish analyst support.

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