CoreWeave cuts revenue forecast, shares dip

Business Nov 11, 2025

CoreWeave, the AI cloud company, just trimmed its 2025 revenue forecast after running into delays with a key data center partner.
Even though demand for their AI services kept third-quarter results strong, the news made investors nervous—shares dropped 6% in after-hours trading on Monday.

New revenue estimate and landing big deals

The new revenue estimate is $5.05-$5.15 billion for 2025, down from their earlier $5.15-$5.35 billion target and below what analysts were hoping for.
Still, CoreWeave recently landed big deals with OpenAI and Meta, showing there's real demand out there.
The catch? Rising AI chip costs and tougher competition are squeezing profits—a fact reflected in their operating margin dropping to 16% this quarter from last year's 21%.