Down 55% From Its High: Is CoreWeave the Best AI Stock to Buy Right Now?

Key Points

CoreWeave (NASDAQ: CRWV), a provider of cloud-based AI infrastructure services, went public at $40 per share on March 28, 2025. It soared in the first three months and closed at a record high of $183.58 on June 20. But as of this writing, it trades at about $82.

CoreWeave’s stock was cut in half amid steep losses, high debt, and pricey expansion plans that overshadowed its explosive revenue growth. But does that pullback represent a good buying opportunity for investors who expect its business to keep growing?

Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »

Image source: Getty Images.

How fast is CoreWeave growing?

CoreWeave was once an Ethereum (CRYPTO: ETH) miner, but it abandoned that business model after the 2018 cryptocurrency crash. It repurposed those GPUs to remotely run AI tasks and built additional data centers to serve the expanding AI market.

By installing Nvidia‘s (NASDAQ: NVDA) top-tier H100 and Blackwell GPUs across its cloud-based, AI-optimized servers, CoreWeave can process certain AI tasks 35 times faster and 80% cheaper than larger and more diversified cloud infrastructure platforms like Amazon (NASDAQ: AMZN) Web Services (AWS) and Microsoft (NASDAQ: MSFT) Azure.

That made CoreWeave’s cloud-based AI infrastructure platform a popular option for companies that wanted to run the latest AI applications without installing their own on-site servers. To meet that demand, CoreWeave expanded its network from just three data centers at the end of 2022 to 43 data centers with an active capacity of 850 MW at the end of 2025.

CoreWeave’s revenue surged from $16 million in 2022 to $5.1 billion in 2025. But during those three years, its annual net losses widened from $31 million to $1.2 billion. Its high debt-to-equity ratio of 13.8 at the end of 2025 leaves it little room to raise additional cash.

Is CoreWeave the right stock to buy right now?

From 2025 to 2028, analysts expect CoreWeave’s revenue to rise more than sixfold to $33.5 billion, while its net loss narrows to $256 million. They also expect its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to surge sevenfold to $21.7 billion — but that figure excludes some key expenses of building, running, and maintaining data centers.

Yet with an enterprise value of $35.7 billion, CoreWeave looks surprisingly cheap at 7 times this year’s sales and 12 times its adjusted EBITDA. Nvidia also nearly doubled its stake in CoreWeave earlier this year by investing another $2 billion in the company.

CoreWeave is still a high-risk, speculative growth stock. But if you expect its aggressive expansion plans to pay off as the AI boom continues, then it’s worth nibbling on right now.

Should you buy stock in CoreWeave right now?

Before you buy stock in CoreWeave, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and CoreWeave wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $511,735!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,140,464!*

Now, it’s worth noting Stock Advisor’s total average return is 946% — a market-crushing outperformance compared to 191% for the S&P 500. Don’t miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.

See the 10 stocks »

*Stock Advisor returns as of March 12, 2026.

Leo Sun has positions in Amazon. The Motley Fool has positions in and recommends Amazon, Ethereum, Microsoft, and Nvidia. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.