CoreWeave, Inc.’s stock has fallen by 42% in the past month, with recent Q3 earnings results blaming management for cutting revenue and CapEx outlook due to third-party data center delays. Analysts believe most short-term issues have been factored into the stock’s value, creating a positive outlook for outperformance as expectations adjust. Delays related to Nvidia’s new B300/GB300 ramp may be impacting CoreWeave’s outlook, but this suggests it’s not a demand issue, rather a supply problem. While Q4 improvements are uncertain, the current slump does not guarantee a rebound.
Source: https://seekingalpha.com/article/4843972-coreweave-this-isnt-the-bubble-pop-yet