CoreWeave: Deeply Undervalued Against Peers

RI Research2.29K FollowersFollow5ShareSavePlay(9min)CommentsSummaryCoreWeave is rated Strong Buy due to explosive backlog growth and compelling forward revenue visibility.CRWV's $66.8B backlog, with $28B to be recognized in 24 months, underpins a projected 145% FY2026 revenue surge.Despite profitability timing uncertainty, CRWV's forward P/S ratio is set to dip below 2 by FY2027, making it undervalued versus peers.Strategic partnerships, workload diversification, and flexible pricing position CRWV for improved utilization and long-term ecosystem growth. EvgeniyShkolenko/iStock via Getty Images Reasons to Continue Buying CRWV CoreWeave (CRWV) traded below $70 when I decided to double down on it three months ago. The stock currently trades above $80, meaning that it was good timing for becomingThis article was written byRI Research2.29K FollowersFollowWith a decade at a Big 4 audit firm specializing in the banking, mining, and energy sectors, I bring a strong foundation in finance and strategy. Currently, I serve as the Head of Finance for a leading owner and operator of retail real estate, where I oversee complex financial operations and strategy. I’ve been an active investor in the U.S. stock market for 13 years, starting with my very first paycheck. Over time, my portfolio has evolved to reflect a balanced approach, with a growing focus on value stocks while maintaining solid exposure to growth opportunities. My investment philosophy is rooted in thorough research and a long-term perspective, which has helped me navigate various market cycles successfully. I aim to bring value to Seeking Alpha by uncovering promising under-the-radar stocks that may not yet be on the broader market’s radar. My background in auditing and finance, combined with years of hands-on investing experience, allows me to provide unique insights and actionable ideas for fellow investors.Analyst’s Disclosure: I/we have a beneficial long position in the shares of CRWV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.