Added to YB: 2025-10-13
Pitch date: 2025-08-25
CRWV [bearish]
CoreWeave, Inc.
+14.41%
current return
Author Info
No bio for this author
Company Info
CoreWeave, Inc. operates a cloud platform that provides scaling, support, and acceleration for GenAI.
Market Cap
$38.4B
Pitch Price
$91.82
Price Target
N/A
Dividend
N/A
EV/EBITDA
18.43
P/E
-33.26
EV/Sales
12.83
Sector
IT Services
Category
special_situation
CoreWeave, Inc. - $CRWV (short)
CRWV short: OpenAI destroyed API pricing (90% cut vs Anthropic), hired Meta's ads chief Kate Rouch for advertising pivot. 200+ LLMs burning VC cash, none profitable except Anthropic (now undercut). CoreWeave depreciates GPUs over 72 months vs realistic 36 months due to heat degradation. H1 2025 loss $600M during peak AI demand; should be $1.6B loss with proper depreciation. $5.8B asset writedown needed on $13B GPU fleet now worth 40%. 62% revenue from MSFT rental that can easily exit. $10B debt vs $2.6B equity = likely bankruptcy within 24 months as AI bubble deflates.
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