CoreWeave is trading 22.40% up now at $110.55 after its August 11 earnings report beat revenue and adjusted-loss expectations.
- Second-quarter revenue reached $2.58 billion, up 112% year over year.
- Management raised full-year 2026 revenue guidance to $12.4 billion–$13.2 billion and highlighted a $104 billion backlog.
- Results drove an 18% premarket gain and analyst price-target increases before the market opened.