BUZZ-CoreWeave falls after raising lower end of annual capex forecast
CoreWeave
CoreWeave CRWV | 0.00 |
** Shares of cloud infrastructure company CoreWeave CRWV.O fall ~9% to $117.50 premarket
** Co raises the lower end of its annual capital expenditure forecast on Thursday, citing a rise in the prices of components
** Expects Q2 rev in the range of $2.45 billion to $2.6 billion, below analysts' estimate of $2.69 billion
** 23 of 36 brokerages rate the stock "Buy" or higher, 11 "Hold", and two "Sell" or lower; their median PT is $137.50 - data compiled by LSEG
** Up to last close, stock gained ~80% YTD
