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CoreWeave Stock Drops 13% to 52-Week Low

By Drooid · Oct 23, 2026, 10:27 PM UTC · How we work

Summary

Story summary

CoreWeave's stock fell 13% in a week, reaching a 52-week low of $53.50 on Oct. 22.
CoreWeave runs 51 data centers with over 250,000 Nvidia GPUs for AI workloads.
Nvidia owns about 9% of CoreWeave, its largest institutional shareholder.
Analysts forecast 2027 revenue of $26.5 billion, adjusted EBITDA $16.7 billion, and net loss narrowing to $2.8 billion.

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Story summary

CoreWeave's stock fell 13% in a week, reaching a 52-week low of $53.50 on Oct. 22.
CoreWeave runs 51 data centers with over 250,000 Nvidia GPUs for AI workloads.
Nvidia owns about 9% of CoreWeave, its largest institutional shareholder.
Analysts forecast 2027 revenue of $26.5 billion, adjusted EBITDA $16.7 billion, and net loss narrowing to $2.8 billion.