CoreWeave drops as debt load compounds AI buildout concerns
CRWV•CoreWeave shares fell 7.3% to $64.60 and were down 15.1% for the week, with its $50 billion debt load and the cost of AI expansion weighing on investor sentiment.
1. Shares extend weekly losses
CoreWeave shares fell 7.3% to $64.60 and were on track for their worst week since November 2025. The stock was down 15.1% for the week as of the previous close and 10% year to date, including the session's decline.
2. Debt and spending concerns
The company's $50 billion debt load and the broader cost of building out AI infrastructure have raised investor concerns. The slump contributed to a global decline in AI stocks as investors questioned whether future revenue from the technology may keep pace with heavy spending. Other neocloud firms also fell, with Nebius down 5.9% and IREN down 5.2%.
3. Analyst ratings
Of 45 brokerages covering CoreWeave, 31 rated the stock buy or higher, 12 hold and two sell or lower. The median price target was $147.50.
