CoreWeave Faces Technical Resistance Amid Earnings Uncertainty; Analysts Rate Stock a Hold

Technical Analysis

CoreWeave (CRWV) closed at $147.19 on June 13, 2025, down 1.19% from the prior session, retracing from a recent intraday high of $154.49. The stock trades well above both its 50-day ($78.63) and 200-day ($76.34) moving averages, signaling a strong uptrend established over the medium and long term. The Relative Strength Index (RSI) at 63 suggests the stock is approaching overbought territory but still has some momentum cushion. The MACD reading at 32.04 supports bullish momentum, while the Average True Range (ATR) near $10.17 indicates significant intraday volatility. Immediate resistance stands at $150.48, with key support near $135.05 and a calculated stop-loss around $140.21. Volume on June 13 was below average (16.52 million vs. 22.03 million), implying reduced buying intensity amid the recent pullback.

For June 16, 2025, the stock may experience consolidation or mild rebound near $145-$150 as it tests resistance, with intraday swings potentially amplified by geopolitical tensions affecting broader market sentiment. Over the coming week, if the stock clears the $150.48 resistance decisively on strong volume, a re-test of the all-time high at $166.63 is plausible. Failure to do so could result in a correction toward the $135 support level.

Fundamental Analysis

CoreWeave’s trailing twelve-month earnings per share (EPS) remain negative at -$2.53, and the price-to-earnings ratio is not meaningful, at -58.18, reflecting ongoing losses in a high-growth phase. Market capitalization stands at approximately $70.49 billion, underscoring strong investor interest despite earnings deficits. The company’s upcoming earnings announcement on August 13, 2025, will be critical for assessing the progress toward profitability. Analyst price targets reveal a median consensus around $53, substantially below the current price, and a broad range from $36 to $85, indicating considerable uncertainty and valuation divergence. Current analyst consensus rates the stock as a "Hold," with more analysts favoring neutral stances over bullish or bearish opinions.

CoreWeave operates in the AI infrastructure sector, which continues to attract investor attention amid the AI revolution. The stock’s substantial multiple expansion reflects expectations for dominant market positioning and scalable technology partnerships, including a known collaboration with Nvidia. However, the company's negative reported earnings and elevated valuation relative to peers introduce risk if growth stalls or capital raises dilute existing shareholders.

Intrinsic value calculation remains challenging due to the lack of positive earnings and the speculative nature of future cash flow projections. The sizable premium over 50- and 200-day moving averages suggests market pricing is largely driven by growth expectations and market sentiment rather than fundamental earnings power.

Long-Term Investment Potential

CoreWeave’s leadership in AI infrastructure and cloud GPU services positions it well amid accelerating demand for AI compute resources. Persistent losses reflect early-stage expansion investments but raise questions about the timeframe for sustainable profitability. The upcoming earnings report and macroeconomic volatility, including geopolitical risks impacting energy prices and general equity markets, will influence the company’s ability to capitalize on its growth runway. Its volatility and valuation imply a higher risk-return profile suitable for investors focused on disruptive tech themes with patience for potential near-term earnings volatility.

Overall Evaluation

CoreWeave currently exhibits strong technical momentum with key resistance near $150.48 and a bullish trend confirmed by moving averages and MACD. Nonetheless, fundamental challenges—negative earnings, high valuation compared to analyst targets, and upcoming earnings uncertainty—temper enthusiasm. Consensus analyst opinions favor a Hold stance, reflecting mixed signals between growth prospects and valuation risks.

Given the technical strength balanced against fundamental caution and elevated equity market uncertainty, CoreWeave qualifies as a Hold candidate. Near-term trading may involve choppy price action around resistance levels, while the longer-term investment thesis hinges on delivery of profitability and sustained market share gains in AI compute infrastructure.