Coreweave stock price options market data shows increased

Options market data shows increased call buying at the $31 strike, indicating speculative plays on an upcoming breakout in the CoreWeave stock price. Interestingly, CoreWeave's blockbuster contract with Meta comes on the heels of another multibillion-dollar deal with OpenAI. Together, these wins give the company an enviable backlog. Nevertheless, investors should weigh the full picture before pouring into the stock purely based on headline figures. The company's revenue is growing quickly, and even though its posting a loss each quarter, I think the financial picture is better than one may think. Analysts project CoreWeave stock price could break past $32.00 if Q2 earnings confirm stronger-than-expected cloud GPU capacity utilization rates, supporting bullish sentiment.