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Summary
CoreWeave (CRWV) closed at $60.77 on November 11, up 24.71%, on volume of 165.1 million shares.
The move followed third-quarter revenue of $3.661 billion and raised 2026 revenue guidance of $13.0 billion to $13.3 billion, according to the company.
The gain outpaced the Nasdaq Composite's 1.60% rise, while the stock remains 56.04% below its 52-week high.
Gotrade News - In the latest CoreWeave stock news, shares of CoreWeave (CRWV) closed at $60.77 on Wednesday, November 11, 2026, up $12.04, or 24.71%. CoreWeave stock made the move in the first session after the company's third-quarter earnings report, which came with raised full-year revenue guidance.
CRWV Trading Data
Data
Value
Closing price
$60.77
Change
+$12.04 (+24.71%)
Previous close
$48.73
Open
$55.97
Day range
$53.81 to $62.03
Volume
165.1 million shares
30-day average volume
56.9 million shares
52-week range
$40.58 to $138.25
Regular-session close on Wednesday, November 11, 2026, 4:00 p.m. New York time. Stock prices: Yahoo Finance, cross-checked against the closing price on Nasdaq.com. Volume and 30-day average volume: Nasdaq.com. 52-week range: Yahoo Finance daily highs and lows since November 12, 2025. Indices: Yahoo Finance daily closes for the same date.
CoreWeave opened at $55.97, traded between $53.81 and $62.03, and closed $6.96 above the day's low. Volume reached 165.1 million shares, 190.42% above the average of 56.9 million shares.
The gain far outpaced the broader market. The Nasdaq Composite rose 1.60% to 25,466.19, the S&P 500 added 1.31% to 7,619.38 and the Dow Jones Industrial Average gained 0.49% to 52,486.49, leaving CRWV 23.11 percentage points ahead of the Nasdaq. Among other AI-linked stocks, Oracle (ORCL) rose 8.82%, AMD (AMD) gained 7.32% and Nvidia (NVDA) added 2.87%.
Even after the jump, the stock sits 56.04% below its 52-week high of $138.25 and 49.75% above its 52-week low of $40.58.
The company raised its full-year 2026 revenue guidance to $13.0 billion to $13.3 billion and its adjusted operating income guidance to $1.275 billion to $1.375 billion. It also lifted its annualized run-rate revenue guidance to $20 billion to $21 billion for the end of 2026.
"Our growth is supported by multiple sources of funding, including financing backed by customer contracts, operating cash flow, and approximately $9 billion in customer prepayments and deposits expected in the next three months alone," said Michael Intrator, co-founder, chairman and chief executive officer of CoreWeave, in the release.
Financial media tied the rally to the report. As reported by The Motley Fool, the shares climbed after record quarterly results and a raised revenue outlook that helped reinforce confidence in AI infrastructure spending. Per Investing.com, the new revenue range sits above the $12.9 billion consensus.
In a report published after Wednesday's close, Investing.com said, citing Bloomberg, that CoreWeave is preparing to raise at least $4 billion through an investment-grade loan facility led by Morgan Stanley and Mitsubishi UFJ Financial Group, with early pricing talks pointing to a yield of 7% to 7.5%. The report said the terms may change.
CRWV Stock Analysis: Supporting Factors and Risks
Supporting Factors
The company reported revenue backlog of about $132.5 billion as of September 30, covering committed customer contracts.
CoreWeave added more than 200 MW of active power in the quarter to reach over 1.7 GW, and grew contracted power to over 4.6 GW, according to the release.
Adjusted EBITDA reached $2.256 billion, a 62% margin, and the new adjusted operating income range is 26% higher at the midpoint than the prior guidance.
Risks
Net loss widened to $709 million from $110 million a year earlier, net interest expense reached $846 million in the quarter, and the company expects fourth-quarter interest expense of $1.05 billion to $1.15 billion.
CoreWeave now expects 2026 capital expenditures of $37 billion to $39 billion. Simply Wall St noted that critics point to the net loss, the interest burden and a short cash runway, and said the quarter did not show earnings fully covering the debt burden.
Investing.com noted that CoreWeave depends heavily on Nvidia's hardware, and that Nvidia is a key partner and anchor investor.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
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M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms. His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
Hendrie Saputra holds a Master of Business Administration (MBA) with a concentration in Business Risk & Finance, along with professional experience in finance, marketing, and project management. He is experienced in analyzing market data and developing research-driven business strategies.
