US Stock Movement | Q1 Revenue Guidance Below Expectations CoreWeave(CRWV.US) Falls Over 12% Pre-market

LootboxPhobia · 2026-02-27T18:14:29+00:00

CoreWeave (CRWV.US) drops more than 12% before the market opens, despite revenue in Q4 increasing 110% year-over-year to $1.57 billion, slightly exceeding expectations, but earnings per share of 89 cents fell below market expectations. The company projects revenue of $12 billion to $13 billion in 2026, with Q1 guidance below market consensus, indicating demand is spreading from hyperscale cloud to the broader economy.

LootboxPhobia

2026-02-27 18:14:29

Abstract generation in progress

CNBC Finance APP learned that on Friday, CoreWeave (CRWV.US) dropped over 12% in pre-market trading, at $85.57. In terms of news, CoreWeave’s revenue for the fourth quarter increased 110% year-over-year to $1.57 billion, slightly exceeding the market average estimate of $1.55 billion. The company reported a loss of 89 cents per share, below the market average expectation. Regarding guidance, the company expects full-year 2026 revenue to be between $12 billion and $13 billion, compared to analysts’ previous estimate of $12.09 billion; it also expects adjusted operating profit for 2026 to be between $900 million and $1.1 billion. However, the first-quarter revenue guidance is between $1.9 billion and $2.0 billion, below the market consensus of $2.29 billion. The company plans to set its 2026 capital expenditure target at $30 billion to $35 billion, significantly higher than $10.31 billion in 2025.

CoreWeave CEO Mike Intrator said, “Demand is shifting from initially focusing on hyperscale cloud and foundational models to the entire economy. Now, enterprise-level demand is exploding, sovereign sector demand is emerging, and new participants are entering the market to secure the necessary infrastructure.”

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.