Coreweave stock forecast the latest CoreWeave stock forecast

The latest CoreWeave stock forecast incorporates cloud service contract growth metrics. Contracts exceeding $10M have risen 40% in the last two quarters, contributing to sustained top-line expansion and supporting upward valuation models. CoreWeave is spending aggressively to expand its data center capacity across the U.S. and Europe in an effort to keep pace with soaring demand. Consequently, management says capital expenditures (capex) will land between $20 billion and $23 billion in 2025, marking a substantial acceleration from $8.7 billion in 2024 and $2.9 billion in 2023. This explains why CoreWeave's revenue in the first six months of 2025 jumped 3.75 times from the same period last year. An important thing to note here is that CoreWeave doesn't have enough capacity at its disposal to fulfill all the business that it is receiving. This is evident from the massive backlog of $30 billion that it was sitting on at the end of Q2. CoreWeave stock forecast models underscore short-term volatility due to broader tech sector fluctuations, but the company’s revenue guidance of $310M for the year fuels optimism. Chart patterns suggest an ascending channel, historically a precursor to breakout moves in growth tech equities.