Announcement • May 03

CoreWeave Inc Expands Sunk Capabilities to Bring AI Workloads Online Faster

CoreWeave, Inc., The Essential Cloud for AI™, shared significant momentum in CoreWeave SUNK capabilities to enable AI research and platform teams to accelerate how clusters are set up and run across CoreWeave and multi-cloud environments. As AI training workloads grow larger, run longer, and span thousands of GPUs, organizations are increasingly constrained not by raw compute availability, but by the operational complexity and reliability challenges of standing up and managing AI training infrastructure at scale. With the expansion of SUNK self-service and the recent launch of SUNK Anywhere, CoreWeave continues to address an industry-wide bottleneck by enabling faster, guided cluster setup and greater flexibility to run AI workloads. CoreWeave SUNK is the industry’s first unified training system for the most demanding AI workloads, built to deliver production-grade reliability and deep operational visibility for large, long-running training jobs. With the expansion of CoreWeave SUNK self-service, customers can bring SUNK clusters into operation using guided self-service, capturing CoreWeave’s operational learnings from supporting research clusters at scale – delivering the following benefits: Flexible paths for simple and complex needs: Teams can start with a guided path, while those with advanced requirements can work with CoreWeave Solutions Architects to design custom environments for frontier-scale training. Across both approaches, SUNK delivers consistent behavior, strong operational visibility, and CoreWeave-owned lifecycle management. Start standardized, stay consistent: SUNK self-service uses standardized setups that reduce drift over time, providing a production-ready starting point that’s easier to onboard, easier to manage, and more consistent as clusters evolve. For researchers, this means less time waiting on environments and fewer barriers between access and experimentation. For platform teams, it means a repeatable way to deploy and operate research clusters, without rebuilding the same model again and again. Secure access from day one: Automated User Provisioning can sync users and groups from an identity provider into CoreWeave, while SUNK User Provisioning automatically configures users, permissions, and accounts inside each cluster to reduce manual onboarding while keeping access aligned with real-world research environments. CoreWeave SUNK Anywhere extends CoreWeave’s unified training system, giving teams a faster and more secure path from proof of concept to production as their deployments expand anywhere they have infrastructure, be it multi-cloud or on-premises. As teams work across environments, they often lose time switching tools, workflows, or operating models every time the infrastructure changes. CoreWeave SUNK Anywhere extends the same unified training system beyond CoreWeave, letting teams operate demanding AI workloads with consistent workflows and operational discipline across environments and clouds. That consistency helps platform teams expand without fragmentation and helps researchers keep familiar scheduling and workflows as their infrastructure footprint grows. Taken together, CoreWeave SUNK self-service and CoreWeave SUNK Anywhere reinforce CoreWeave’s continued investment in reducing the infrastructure assembly burden of modern AI research clusters. Central to this momentum is CoreWeave Mission Control™, which helps teams spot performance outliers across GPUs, nodes, or communication paths that can degrade synchronized training and erode productive training time. CoreWeave Mission Control is a core element of how CoreWeave is evolving SUNK: giving teams clearer, real-time operational visibility so quiet degradation is easier to diagnose and less dependent on manual work. CoreWeave consistently sets new standards for performance, demonstrated by industry-leading MLPerf benchmark results and its position as the only AI cloud to earn the top Platinum ranking in both SemiAnalysis ClusterMAX™ 1.0 and 2.0, which evaluate AI cloud performance, efficiency, and reliability.

Announcement • Jan 21

Pomerantz Law Firm Announces the Filing of a Class Action Against CoreWeave, Inc

Pomerantz LLP announces that a class action lawsuit has been filed against CoreWeave, Inc. and certain officers. The class action, filed in the United States District Court for the Western District of Texas, and docketed under 26-cv-00355, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired CoreWeave securities between March 28, 2025 and December 15, 2025, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials. CoreWeave purports to be an artificial intelligence (“AI”) cloud computing company and self-described “Hyperscaler”, which its Prospectus (defined below) defined as “a cloud provider or technology company that is capable of delivering computing infrastructure and services at massive scale, typically through large data centers and geographically distributed networks.” CoreWeave purports to generate substantially all of its revenue from committed long-term contracts providing customers with access to its AI infrastructure and proprietary managed software and application services through CoreWeave Cloud Platform (the “Cloud Platform”). CoreWeave recognizes revenue from such contracts only once it completes installation of the infrastructure necessary to provide its customers with access to the Cloud Platform, including the data centers that house the hardware on which its proprietary software runs. Such data centers are also known as “powered shells.” After executing a committed contract and receiving a prepayment from its customer, CoreWeave purchases infrastructure components and installs systems necessary to provide its contracted services. Only after the necessary system infrastructure installation is complete and a contract goes live does CoreWeave recognize revenue from the contract. CoreWeave’s Cloud Platform is hosted in its distributed network of active purpose-built data centers. Without these underlying data centers, CoreWeave is unable to sell its services to customers or recognize revenue from committed long-term contracts for its services. On March 10, 2025, less than three weeks before CoreWeave conducted its initial public offering (“IPO”), the Company announced a deal worth up to $11.9 billion to deliver AI infrastructure to Open AI, a leading AI company. This announcement served only to bolster investors’ anticipation of CoreWeave’s IPO. On March 28, 2025, CoreWeave conducted its IPO, selling 37.5 million shares of common stock priced at $40.00 per share and raising $1.5 billion (the "Prospectus"). On March 31, 2025, CoreWeave filed a prospectus on Form 424B4 with the United States Securities and Exchange Commission in connection with the IPO. In the months following CoreWeave’s IPO, its stock price skyrocketed to prices as high as $183.58 on June 20, 2025, a 348.95% increase from the offering price. During this time the Defendants consistently represented to investors that the demand for CoreWeave’s services was “robust” and “unprecedented,” and made positive revenue forecasts in part due to this demand. However, constantly looming over CoreWeave was the question of how it could meet this “robust” and “unprecedented” customer demand, given the limitations on the infrastructure underlying its AI services. The data centers necessary to CoreWeave’s Cloud Platform are highly specialized and in certain cases, designed to meet a customer’s bespoke needs. The limitations referenced above arise because only a limited number of suppliers provide the components and materials necessary to construct these specialized data centers and their contents. Nevertheless, CoreWeave consistently issued positive revenue guidance during the Class Period—even raising its guidance on one occasion, as discussed infra at ¶ 55)— while steadily assuring investors that it was equipped to capitalize on the high customer demand for its AI services. On July 7, 2025, CoreWeave announced a definitive agreement to acquire Core Scientific, Inc. (“Core Scientific”), one of the largest owners and operators of digital infrastructure for high performance computing in North America, in an all-stock transaction (the “Core Scientific Acquisition”). In its announcement, the Company quoted CoreWeave’s Co-Founder and Chief Executive Officer, Defendant Michael Intrator, as stating the Core Scientific Acquisition enabled CoreWeave to “significantly enhance operating efficiency and de-risk its future expansion, solidifying its growth trajectory.” The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Defendants had overstated CoreWeave’s ability to meet customer demand for its service; (ii) Defendants materially understated the scope and severity of the risk that CoreWeave’s reliance on a single third-party data center supplier presented for CoreWeave’s ability to meet customer demand for its services; (iii) the foregoing was reasonably likely to have a material negative impact on the Company’s revenue; (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

IT earnings growth	22.2%
Revenue growth rate	38.4%
Future return on equity	-29.37%
Analyst coverage	Good
Last updated	04 Jun 2026

Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2028	39,826	-2,158	-16,103	31,603	19
12/31/2027	24,924	-2,015	-20,691	19,450	33
12/31/2026	12,668	-2,417	-25,406	8,678	33
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

Data	Last Updated (UTC time)
Company Analysis	2026/06/07 01:27
End of Day Share Price	2026/06/05 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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

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

CoreWeave Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 14%, revenue upgraded

No longer forecast to breakeven

Forecast to breakeven in 2028

Forecast to breakeven in 2028

Forecast to breakeven in 2028

Consensus EPS estimates fall by 192%, revenue upgraded

Recent updates

CoreWeave: Valuation Remains Compelling Relative To Growth Prospects

CoreWeave Reports US$2.1b Q1 Revenue With US$100b Backlog and Major Meta Commitment

CoreWeave Completes Bring-Up And Validation Of NVIDIA Vera Rubin NVL72

CoreWeave Launches Unified Agentic Ai Capabilities That Close the Training-To-Inference Gap

Independent Director recently sold US$106m worth of stock

Chief Accounting Officer recently sold US$4.8m worth of stock

Coreweave Inc Announces Coreweave Sandboxes Launch

First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 14%, revenue upgraded

CoreWeave Inc Expands Sunk Capabilities to Bring AI Workloads Online Faster

Co-founder recently sold US$21m worth of stock

No longer forecast to breakeven

New minor risk - Profitability

CoreWeave, Inc., Annual General Meeting, Jun 08, 2026

Deep Dive: Assessing the Sustainability of CRWV’s Compute-as-a-Service Model

CoreWeave, Inc. announced that it has received $999.999899 million in funding from Jane Street Global Trading, LLC

New minor risk - Shareholder dilution

Forecast to breakeven in 2028

New major risk - Revenue and earnings growth

Forecast to breakeven in 2028

Co-Founder recently sold US$16m worth of stock

New minor risk - Profitability

Forecast to breakeven in 2028

CoreWeave Inc Introduces Flexible Capacity Plans

Consensus EPS estimates fall by 192%, revenue upgraded

New minor risk - Profitability

Forecast breakeven date pushed back to 2028

Full year 2025 earnings: EPS misses analyst expectations

CoreWeave, Inc. to Report Q4, 2025 Results on Feb 26, 2026

Coreweave, Inc. Introduces Coreweave Arena, New Lab for Ai Production Readiness

Pomerantz Law Firm Announces the Filing of a Class Action Against CoreWeave, Inc

CoreWeave, Inc. (NASDAQ:CRWV) Stocks Shoot Up 37% But Its P/S Still Looks Reasonable

Co-founder recently sold US$5.7m worth of stock

CoreWeave, Inc. Expands Mission Control to Accelerate Enterprise AI Adoption

Why We're Not Concerned Yet About CoreWeave, Inc.'s (NASDAQ:CRWV) 44% Share Price Plunge

CoreWeave, Inc. Announces Zero Egress Migration, Unlocking Multi-Cloud Development for AI Workloads

Third quarter 2025 earnings: EPS and revenues exceed analyst expectations

Arnold & Itkin Files Lawsuit against T-5 Construction, Inc., T5 Data Centers, LLC, Core Scientific, Inc., CoreWeave, Inc., OpenAI, Telios Corporation, Walker Electrical Contractors, Inc., Walker Engineering, INC. and Giga Energy Inc

CoreWeave, Inc. to Report Q3, 2025 Results on Nov 10, 2025

CoreWeave Appoints Jon Jones as First Chief Revenue Officer

CoreWeave, Inc. Unveils AI Object Storage, Redefining How AI Workloads Access and Scale Data

Co-founder notifies of intention to sell stock

CoreWeave, Inc. Launches First Publicly Available Serverless Reinforcement Learning Capability to Build Reliable AI Agents

CoreWeave, Inc. (NasdaqGS:CRWV) announced an agreement to acquire Monolith AI Limited.

Co-Founder & Chief Development Officer recently sold US$8.1m worth of stock

CoreWeave, Inc. (NasdaqGS:CRWV) entered into a definitive agreement to acquire OpenPipe, Inc.

Co-Founder notifies of intention to sell stock

Independent Director recently sold US$100m worth of stock

Independent Director notifies of intention to sell stock

Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 17%, revenue upgraded

CoreWeave, Inc. to Report Q2, 2025 Results on Aug 12, 2025

Coreweave Announces Availability of W&B Weave in the New Aws Marketplace Ai Agents and Tools Category

CoreWeave, Inc. Becomes the First AI Cloud Provider to Offer NVIDIA RTX PRO 6000 Blackwell GPU at Scale

CoreWeave, Inc. (NasdaqGS:CRWV) signed a definitive agreement to acquire Core Scientific, Inc. (NasdaqGS:CORZ) for $6.8 billion.

Co-founder exercised options and sold US$12m worth of stock

CoreWeave Reportedly in Talks to Buy Core Scientific

CoreWeave and Weights & Biases Announce New Products and Capabilities, Helping AI Developers Iterate Faster on Models and Agents

Chief Financial Officer exercised options and sold US$9.5m worth of stock

CoreWeave, Inc. Appoints Ernie Rogers as Chief Architect of Strategic Financing

Co-founder exercised options and sold US$6.6m worth of stock

First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

CoreWeave, Inc completed the acquisition of Weights and Biases, Inc. from a group of shareholders.

CoreWeave, Inc. to Report Q1, 2025 Results on May 14, 2025

CoreWeave: IPO Stumble Out Of Nasdaq Rodeo Chute May Be An Opportunity

CoreWeave: Weak IPO But Growth Ahead

CoreWeave Launches NVIDIA GB200 Grace Blackwell Systems at Scale

CoreWeave's Moat Is Just Starting

CoreWeave Achieves New Record-Breaking AI Inferencing Benchmark with NVIDIA GB200 Grace Blackwell Superchips