CoreWeave, Inc.
לונג

CRWV to 185+, technical, financial and fundamental analysis

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CRWV recently broke out from a falling wedge with a re-test. The broke out target would be at around $190. So far it's riding toward that in the new uptrend channel.

The technical setup and projection is also supported by the strong financial and fundamental.

Financial - Total sales from past 4 quarters were about $4 billions. But the company has a sales backlog of $50+ billions. EPS isn't positive yet as it's still in a huge growth and investment mode. But EBITDA have been growing well.

Fundamental - The partnerships and deals with Nividia, OpenAI, Microsoft, Google, Meta have been incredible. The contracts have been growing fast in both the GPU gigawatt capacity and number of hyperscale customers.

Recently, the company has a number of acquisitions: Monolith AI, OpenPipe, Core Scientific and Weights & Biases. These companies specializing in PaaS and SaaS. So they allow CoreWeave to expand well beyond IaaS with stronger and more diversified products portfolio.

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