CoreWeave stock: Bernstein cuts target to USD 51 for CoreWeave stock

Published on 10/22/2026 at 22:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 2.60 billion, up 112.00 percent year over year. CoreWeave stock costs EUR 49.11 on October 22, 2026 at 10:45 p.m. CEST.

Target and operating figures

Bernstein analysts cut the CoreWeave target to USD 51.00 from USD 74.00 on October 22, 2026.
CoreWeave reported second-quarter revenue of USD 2.60 billion, up 112.00 percent year over year.
CoreWeave stock costs EUR 49.11 at Lang & Schwarz on October 22, 2026 at 10:45 p.m. CEST.
CoreWeave had a market capitalization of USD 30.7 billion as of October 22, 2026.

CoreWeave, US21873S1087, Illustration mit AI erstellt.

CoreWeave (ISIN US21873S1087) faces a lower analyst valuation after Yahoo Finance reported on October 22, 2026 that Bernstein analysts cut their price target to USD 51.00 from USD 74.00. The stock was trading at EUR 49.11 at Lang & Schwarz on October 22, 2026 at 10:45 p.m. CEST.

Second-quarter revenue reached USD 2.60 billion

CoreWeave's second-quarter results showed revenue of USD 2.60 billion, an increase of 112.00 percent from the same period a year earlier. The figure came with a revenue backlog of USD 104.00 billion, up 246.00 percent year over year, according to Yahoo Finance. The backlog does not include more than USD 25.00 billion of customer commitments added early in the third quarter.

Margins improved while financing stayed heavy

Adjusted operating income reached USD 128.00 million in the second quarter, compared with USD 200.00 million in the second quarter of 2025, while adjusted operating margin was 5.00 percent. Adjusted EBITDA was USD 1.50 billion, up from USD 753.00 million a year earlier, producing a 59.00 percent adjusted EBITDA margin.

The same period also included a net loss of USD 626.00 million and interest expense of USD 640.00 million. CoreWeave guided for full-year 2026 revenue of USD 12.40 billion to USD 13.20 billion and capital expenditure of USD 35.00 billion to USD 39.00 billion. These figures frame the tension between rapid infrastructure growth and the cost of financing it.

Valuation reflects a wide range of views

Bernstein's USD 51.00 target contrasts with the USD 106.00 target Goldman Sachs announced on October 19, 2026 after upgrading CoreWeave to Buy from Neutral, as reported by Yahoo Finance. The split reflects different assumptions about demand, pricing power, debt costs and the resale value of GPU infrastructure.

CoreWeave stock after hours

The euro quotation stood at EUR 49.11 at Lang & Schwarz on October 22, 2026 at 10:45 p.m. CEST. CoreWeave had a market capitalization of USD 30.7 billion as of October 22, 2026.

The further course of trading is shown by the continuously updated real-time quote of CoreWeave stock.