Price Prediction: CoreWeave Stock Could Triple by 2030

Quick Read

• CoreWeave (CRWV) reported Q1 2026 revenue of $2.08B (up 111.7% YoY) with a record $99.4B backlog including a $21B Meta commitment, though EPS came in at -$1.40 and free cash flow was -$4.71B as $7.70B in capex outpaced operations.

• NVIDIA (NVDA) invested $2B in CoreWeave’s Class A shares and named it an Exemplar Cloud for GB200 inference deployment.

• CoreWeave’s stock volatility reflects tension between massive AI infrastructure demand backed by long-term customer contracts and a heavily leveraged balance sheet where interest expenses doubled YoY, making execution on power capacity additions critical to justify debt levels and defend against margin compression.

• Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and CoreWeave, Inc. Class A Common Stock didn’t make the cut. Grab the names FREE today.

Our CoreWeave (NASDAQ:CRWV) call is built on the collision between explosive AI infrastructure demand and a balance sheet straining under capex. The 24/7 Wall St. price target points to $162.79 over the next 12 months, implying meaningful upside from $105.49.

Our recommendation is buy with a moderate 50% confidence level, reflecting the wide outcome range between hypergrowth execution and debt-funded margin pressure.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and CoreWeave, Inc. Class A Common Stock didn’t make the cut. Grab the names FREE today.

24/7 Wall St. Price Target Summary

A Whiplash Year for CoreWeave Shareholders

CoreWeave has been one of the wildest stock stories of 2026. Shares are up 47.31% year to date, yet down 13.91% over the past month after touching a 52-week high of $187. The stock sits 26% below that peak and well above the $63.80 52-week low.

The Q1 2026 report on May 7 framed the debate. Revenue surged to $2.08 billion, up 111.7% YoY and beating estimates by 5.80%, while EPS came in at -$1.40, missing expectations. The standout figure: revenue backlog of $99.4 billion, including a $21 billion Meta commitment signed in March.

The Case for $190+

Bulls have plenty to work with. The $99.4 billion backlog provides visibility years out, and over 75% of 2027 capacity is already sold. CEO Michael Intrator told investors, “This was the strongest bookings quarter in CoreWeave’s history… We surpassed 1 GW of active power and believe we are well on our way to more than 8 GW by 2030.”