Key Points CoreWeave has a massive revenue backlog, which should encourage investors. However, the cloud computing company is a long way from breaking even. Plus, it has to regularly replace its costly hardware every several years. 10 stocks we like better than CoreWeave › CoreWeave (NASDAQ: CRWV) has taken investors on quite the roller-coaster ride in 2025. The stock is up over 125% since its March initial public offering (IPO) but rose as much as 360% in June. That places it at around 50% down f ...