CoreWeave stock prediction: $90.60 bull, $30.81 bear
By Tobi Opeyemi Amure
AI summary of the source article
CoreWeave closed at $61.82 on October 21, 2026, down from recent highs. A quantitative formula projects a $90.60 bull, $47.44 base, and $30.81 bear price target through year-end 2026.
Key facts
- CoreWeave closed at $61.82 on October 21, 2026, marking a 32.6% decline from its October 6 close of $91.72.
- For Q2 2026, CoreWeave reported $2,575 million in revenue, a $626 million net loss, and recourse and non-recourse debt totaling $35,068 million.
- The company held a revenue backlog of approximately $104 billion as of June 30, 2026.
Source excerpt · FinanceFeeds
A $104 billion backlog does not price CoreWeave. CoreWeave closed Wednesday, 21 October 2026, at $61.82 on the Nasdaq official tape, down $0.31 from Tuesday's $62.13 and $7.87 from the 15 October close of $69.69. The same house formula, on the last 90 daily log returns and on 49 New York sessions from 22 October through 31 December 2026, prints a $90.60 bull, a $47.44 base, and a $30.81 bear. The…