CoreWeave (CRWV)

Hold Recap: Q1 2026

The Thesis Worked and the Price Caught It: Downgrading CoreWeave to Hold After a 43% Run

Outperform Recap: Q4 2025

Margin Traded for Capacity, and the Old GPUs Held Their Price Again: Maintaining CoreWeave at Outperform

Outperform Recap: Q3 2025

The Old GPUs Held Their Price: Upgrading CoreWeave to Outperform on the One Disclosure That Mattered

Hold Recap: Q2 2025

Backlog Doubled, Interest Expense Outran Operating Profit: Initiating CoreWeave at Hold