CoreWeave Future Growth

Future criteria checks 2/6

CoreWeave is forecast to grow earnings and revenue by 43.6% and 38.9% per annum respectively. EPS is expected to grow by 43.5% per annum. Return on equity is forecast to be -29.4% in 3 years.

Key information

43.6%

Earnings growth rate

43.51%

EPS growth rate

IT earnings growth	23.3%
Revenue growth rate	38.9%
Future return on equity	-29.37%
Analyst coverage	Good
Last updated	10 Jul 2026

Recent future growth updates

No updates

Recent updates

Seeking Alpha • Jun 11

CoreWeave: Market Continues To Ignore Its Turnaround, That's A Mistake

Summary CoreWeave faces market skepticism despite rapid scaling, a $100B backlog, and diversified customer commitments, underperforming Nebius due to debt and capital allocation concerns. CRWV's aggressive asset-backed financing and take-or-pay contracts support infrastructure expansion, but rising interest rates and negative free cash flow projections heighten execution risk. Revenue is projected to grow from $12.7B in 2026 to $80B by 2030 (60% CAGR), with free cash flow nearing breakeven by FY2030, yet short-term profitability remains elusive. With debt costs declining and valuation at 5.5x forward revenue (vs. NBIS's 11x), a sub-$100 share price could present a compelling entry point if execution risks are managed. The market appears to be making a mistake in ignoring its turnaround, providing a massive opportunity for investors to double down now. Read the full article on Seeking Alpha

Earnings and Revenue Growth Forecasts

TSX:CRWV - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2028	40,253	-2,158	-16,016	33,055	20
12/31/2027	25,068	-1,962	-20,504	21,093	34
12/31/2026	12,669	-2,499	-25,381	8,736	34
3/31/2026	6,227	-1,593	-10,616	5,981	N/A
12/31/2025	5,131	-1,196	-7,251	3,058	N/A
9/30/2025	4,306	-824	-8,061	1,685	N/A
6/30/2025	3,526	-1,103	-7,935	638	N/A
3/31/2025	2,708	-1,151	-7,596	771	N/A
12/31/2024	1,915	-937	-5,953	2,749	N/A
9/30/2024	1,284	-1,028	-3,778	2,606	N/A
12/31/2023	229	-594	-1,110	1,833	N/A
12/31/2022	16	-31	-71	1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CRWV is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CRWV is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CRWV is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: CRWV's revenue (38.9% per year) is forecast to grow faster than the Canadian market (4.8% per year).

High Growth Revenue: CRWV's revenue (38.9% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CRWV is forecast to be unprofitable in 3 years.

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/10 12:54
End of Day Share Price	2026/07/10 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CoreWeave, Inc. is covered by 45 analysts. 34 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Andrew Charles Beale	Arete Research Services LLP
Raimo Lenschow	Barclays
Madison Rezaei	Bernstein