This Nvidia-Backed Stock Is Slated to Quadruple Its Revenue by 2027

By Keithen Drury – Mar 20, 2026 at 9:30PM ESTKey PointsNvidia is a huge CoreWeave investor.CoreWeave is rapidly growing.Profits aren't going to be in CoreWeave's future for a while. Nvidia (NVDA 3.17%) is one of the most popular AI investment picks on the market, but Nvidia itself is also investing in several AI companies. While several stocks have come in and left Nvidia's portfolio, one stock has stuck around that Nvidia has made a significant investment in: CoreWeave (CRWV +0.85%). Nvidia is a massive CoreWeave shareholder and owns more than 24 million shares. Its total investment is worth over $2 billion, showcasing how much money is wrapped up in the CoreWeave investment. CoreWeave is essentially a cloud computing company that's focused solely on providing AI computing power. It's seeing rapid growth due to its popularity, and it deploys Nvidia chips, which is why Nvidia has taken notice and invested in it. But does that mean it's a great buy now? Image source: Getty Images. CoreWeave's revenue is expected to rocket higher over the next few years The first thing that catches my eye is CoreWeave's expected growth rate. In the fourth quarter, CoreWeave delivered an impressive 110% year-over-year growth rate, but that's nothing compared to where it's going. It reported a revenue backlog of nearly $67 billion, up 342% year over year. This indicates that demand for CoreWeave's platform is growing faster than it can build out its computing infrastructure. CoreWeave is clearly doing something right, and with several AI hyperscalers among its client list, it's clear that CoreWeave is a top option in this space. ExpandNASDAQ: CRWVCoreWeaveToday's Change(0.85%) $0.69Current Price$81.35Key Data PointsMarket Cap$42BDay's Range$77.60 - $83.1152wk Range$33.52 - $187.00Volume831KAvg Vol25MGross Margin47.77% Wall Street expects monster growth as well. Over the past 12 months, CoreWeave generated $5.13 billion in revenue. By the end of 2026, that figure is expected to rise to $12.5 billion. By the end of 2027, analysts expect $23.1 billion. That's more than a fourfold increase in just two years -- a growth rate that is rarely seen. CoreWeave is poised to become a giant over the next few years, which may prompt investors to rush into the stock. But there's one holdup investors should be aware of: profits. CoreWeave is rightfully spending every dollar it can to build out its footprint and capture market share before the AI build-out is complete. The idea here is that CoreWeave captures market opportunity, then, when the demand tapers off, it focuses on profitability. It generates huge returns for shareholders from the long-term relationships it has built with AI hyperscalers. The question is, when will that profitability switch flip? Nobody really knows, and it could be years before CoreWeave generates profits for shareholders. If you're OK with this, then CoreWeave could be a great pick for you. If you're not, there are plenty of other AI stocks that are making huge profits, like Nvidia.Read NextMar 20, 2026 •By Robert IzquierdoThe Artificial Intelligence (AI) Stocks I'm Watching Closest in MarchMar 18, 2026 •By Jennifer Saibil2 Growth Stocks That Could Go ParabolicMar 17, 2026 •By John Bromels1 Artificial Intelligence (AI) Stock That Could Surprise Investors in 2026Mar 17, 2026 •By Adria CiminoCoreWeave Just Landed a Deal With Perplexity.

Why This Neocloud Stock Could Be the Comeback Play of 2026.Mar 17, 2026 •By Patrick SandersShould You Forget CoreWeave and Buy 3 Artificial Intelligence (AI) Stocks Right Now?Mar 16, 2026 •By Daniel SparksWhy I'm Still Not Buying CoreWeave StockAbout the AuthorKeithen Drury is a contributing Motley Fool technology analyst covering AI, semiconductors, cybersecurity, and SaaS stocks. In addition to The Motley Fool, Keithen is a mechanical engineer and has held roles at Honeywell and smaller industrial companies like Brand Hydraulics and Lincoln Industries. He holds a bachelor’s degree in mechanical engineering from Dordt University.TMFTripleOptionStocks MentionedCoreWeaveNASDAQ: CRWV$81.47(+1.00%)+$0.81NvidiaNASDAQ: NVDA$172.70(-3.28%)-$5.86*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.