CoreWeave IPO: Is this Fast-Growing AI Stock a Buy Right Now?
Since artificial intelligence (AI) caught the attention of the market beginning in November 2022, Nvidia (NASDAQ: NVDA) has set the bar for blockbuster growth among AI-associated stocks. The GPU specialist posted five straight quarters of triple-digit revenue growth through fiscal 2024 and 2025, peaking at 265% in the third quarter of fiscal 2024.The recently IPO'd CoreWeave (NASDAQ: CRWV) offered the latest reminder of the explosive growth in AI, and its recent revenue jump blew Nvidia's away. Admittedly, CoreWeave is much smaller than Nvidia, but its revenue soared 737% in 2024 to reach $1.9 billion. As a cloud infrastructure platform purpose-built for AI, CoreWeave is the first significant initial public offering in this new AI era (the stock went public on Friday, March 28). Let's take a look at what you should know about CoreWeave before discussing whether it's a buy.Continue reading
Since artificial intelligence (AI) caught the attention of the market beginning in November 2022, Nvidia (NASDAQ: NVDA) has set the bar for blockbuster growth among AI-associated stocks. The GPU specialist posted five straight quarters of triple-digit revenue growth through fiscal 2024 and 2025, peaking at 265% in the third quarter of fiscal 2024.
The recently IPO'd CoreWeave (NASDAQ: CRWV) offered the latest reminder of the explosive growth in AI, and its recent revenue jump blew Nvidia's away. Admittedly, CoreWeave is much smaller than Nvidia, but its revenue soared 737% in 2024 to reach $1.9 billion.
As a cloud infrastructure platform purpose-built for AI, CoreWeave is the first significant initial public offering in this new AI era (the stock went public on Friday, March 28). Let's take a look at what you should know about CoreWeave before discussing whether it's a buy.
