# CoreWeave soars more than 24% for best day since April 2025 after strong Q3 report

- URL: https://talkfuse.com/story/coreweave-soars-more-than-24-for-best-day-since-april-2025-after-strong-q3-report/
- Published: 2026-11-11T21:11:26+00:00
- Updated: 2026-11-12T08:34:23+00:00
- Original publisher: CNBC (publisher lean: Centre)
- Original article: https://www.cnbc.com/2026/11/11/coreweave-crwv-outlook-earnings-ai.html
- Topics: AI, Business, Technology

## Key points

- CoreWeave shares gained more than 24% after its quarterly report.
- Revenue rose 168% to $3.7 billion.
- Its 2026 revenue forecast exceeded analysts’ expectations.

## Summary

CoreWeave shares rose more than 24% on Wednesday, their strongest daily gain since April 2025, after the AI cloud computing company reported a sharp rise in quarterly revenue and gave a strong outlook. Its results also lifted other specialist cloud providers, while executives said political changes would not disrupt planned US data centre construction.

Revenue increased 168% to $3.7 billion in the three months to 30 September. CoreWeave cited funding from several sources, including about $9 billion in customer prepayments and deposits, and forecast 2026 revenue of $13 billion to $13.3 billion, above analysts’ $12.86 billion estimate. It also expects adjusted operating income of $1.275 billion to $1.375 billion, compared with analysts’ $1.07 billion forecast.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.