To The Moon

I’ve never bought CoreWeave (CRWV). And with it currently hovering around $91—a key support level—I still won’t. Watching the stock bounce around like a pinball can be entertaining, but I prefer my investments a little less… vertiginous.

CoreWeave, Inc. (CRWV)

Sure, the company beat earnings expectations this quarter. But they also revised down full-year guidance and lowered their 2025 revenue forecast. Despite securing several major cloud deals in the third quarter, CoreWeave has raised concerns among investors due to data-center delay. It’s like being told, “Great job on this test, but your final grade might still tank.” That’s not exactly the kind of confidence booster I want before opening my wallet. That’s the kind of mixed signal that makes me pause. Beating numbers is nice, but if the path ahead might be murky, it doesn’t feel like a green light to me.

Another reason I’m staying on the sidelines? CoreWeave doesn’t have a history of consistent strong earnings. Looking at their post-net income numbers, nothing jumps out as reliable growth. The P/E ratio doesn’t excite me, and there’s no dividend to sweeten the deal. Honestly, it feels like buying into a story without the financial track record to back it up.

The stock has a wide 52-week range—$33.52 to $187 but even sitting near the lower end doesn’t make it a must-buy for me. For a stock I’ve never owned, the risk of a bumpy ride outweighs the potential reward.

So here I am, watching from the sidelines. CoreWeave may stabilize at $91, or it may continue to wobble but for now, I’m sticking to my own rules: I buy what I understand, what has proven itself, and what feels like a safer bet. CoreWeave? Not on my list.