CoreWeave holds a $55.6 billion revenue backlog, but investor sentiment cooled due to debt and execution concerns despite strong analyst targets and rapid backlog growth.
CoreWeave earnings: Data-center operator posts $56 billion in contracted future revenue, but revenue guidance drops | Fortune
CoreWeave's revenue backlog jumped to $55.6 billion, driven by major AI contracts, while guidance was lowered amid data-center construction delays and increased debt.
