CoreWeave (CRWV) Stock Is Up 42% Over The Past Week: What's Going On?

CoreWeave Inc CRWV is trading slightly higher Monday, up 1.4% to $81.44, after a record-setting week that saw shares soar nearly 25% on Friday to an all-time high of $84.00. The Nvidia-backed AI cloud infrastructure company gained 45% over the past week, driven by a series of bullish developments.

What To Know: Investor excitement surged following a 13F filing showing Nvidia’s major stake of over 24 million shares. Analysts from JPMorgan, BofA and Needham raised their price targets, with some topping $76.

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Adding to the momentum, CoreWeave reported first-quarter revenue of $981.6 million, a 420% year-over-year increase, far exceeding expectations. It also disclosed a $25.9 billion backlog and OpenAI contracts worth up to $4 billion through 2029.

Despite a 60 cent per-share loss and plans for up to $23 billion in 2025 capital expenditures, the company raised its full-year revenue outlook to $5.1 billion.

On Monday, CoreWeave announced a $1.5 billion private offering of senior notes due 2030. Proceeds will support general corporate purposes, including debt repayment. CoreWeave, which went public at $40 in March, has more than doubled in value, solidifying its position among key AI growth stocks in 2025.

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How To Buy CRWV Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in CoreWeave’s case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, CRWV has a 52-week high of $84.00 and a 52-week low of $33.52.