--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000852354.md" description: "๐ŸŒŸ๐ŸŒŸ๐ŸŒŸ$Coreweave(CRWV.US)proved the bears wrong when its Q2 revenue skyrocketed 112% year over year to USD 2.58 billion, comfortably clearing Wall Street expectations. What is amazing is that Coreweave's contracted revenue backlog swelled to a massive USD 104.2 billion. Coreweave also revealed that it doesn't even include another USD 25 billion in brand new commitments signed just in the early weeks of the current quarter.CEO Michael Intrator informed the market that its near term computing capacity is effectively 100% sold out. Because tech titans are aggressively fighting over limited server space, Coreweave is locking in long term compute deals on increasing premium favourable terms.Coreweave is currently rated as a Moderate Buy for high conviction growth investors with an average price target of USD 138, an upside potential of 30%.If you are a long term investor, Coreweave is a Buy as its earnings have verified that the global demand for physical AI infrastructure is not a speculative bubble." datetime: "2026-08-13T06:26:08.000Z" locales: - [en](https://longbridge.com/en/topics/100000000852354.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000852354.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000852354.md) author: "[koolgal](https://longbridge.com/en/profiles/2074993385495678976.md)" generator: "portal-rs" --- # ๐ŸŒŸ๐ŸŒŸ๐ŸŒŸ$Coreweave(CRWV.US)proved the bears wrong when โ€ฆ ### Related Stocks - [CRWV.US](https://longbridge.com/en/quote/CRWV.US.md) ## Comments (3) - **Zanessa ยท 2026-08-13T10:27:55.000Z ยท ๐Ÿ‘ 1**: loss widened to 626m and theres 35b of debt on the sheet now. 104b backlog is real but it takes that much borrowing to serve it. - **koolgal** (2026-08-13T18:33:46.000Z): Yes you are absolutely right ๐Ÿ‘๐Ÿ‘๐Ÿ‘ - **koolgal** (2026-08-13T18:34:10.000Z): Thanks for sharing your valuable insights ๐Ÿฅฐ๐Ÿฅฐ๐Ÿฅฐ --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**