CoreWeave IPO: How to buy CoreWeave shares

What is the CoreWeave IPO date?

Investors can expect the CoreWeave IPO date to be 28 March 2025. 

After a very quiet period for IPOs in the market, the filing of their IPO prospectus on 3 March 2025 raised some interest in the AI cloud provider.[1]

What is the expected CoreWeave IPO share price?

The expected CoreWeave share price was originally targeting US$47-US$55 each. The company has now priced shares at US$40 as of 27 March 2025.[2]

The business was aiming to raise $2.7b by selling over 49m shares but this has been reduced to 37.5 million.

CoreWeave will now have a valuation of roughly $19b, with the market capitalisation being higher on a fully diluted basis.

What is the ticker symbol for CoreWeave, Inc.?

CoreWeave, Inc. will use the ticker symbol ‘CRWV’.

How to buy shares in CoreWeave

CoreWeave is not currently listed at this time. When the business completes its IPO, you can follow the steps below to buy shares in the company.

1. Open a stock investing account

If you want to buy CoreWeave stock, you'll need to sign up to an investing platform with access to the U.S. stock exchanges. Lucky for you, Stake has access to the Nasdaq and NYSE.

2. Fund your account

Complete an application with your personal and financial details. Fund your account with a bank transfer, debit card or even Apple/Google Pay.

3. Search for CRVW or CoreWeave

Find the asset by searching for the name or ticker symbol $CRVW. Do your own research to ensure it is the right investment product for your own circumstances.

4. Choose an order type and buy the asset

Buy on any trading day using a market order or limit order to delay your purchase of the asset until it reaches your desired price. You may wish to look into dollar cost averaging to spread out your risk, which smooths out buying at consistent intervals.

5. Monitor your investment

Once you own a stock, you should keep an eye on its performance. Check your portfolio regularly to ensure your investment is aligning with your financial goals.

About CoreWeave, Inc.

CoreWeave is a cloud provider focused on AI infrastructure, and has quickly become an integral vendor for the largest tech companies including Microsoft ($MSFT) and Meta ($META). The company has saw strong revenue growth, surging from US$15.8 million in 2022 to US$1.92 billion in 2024, driven by increased demand in the AI market. 

However, despite this rapid revenue growth, CoreWeave reported a significant net loss of $863.4 million in 2024. This loss is attributed to substantial investments in infrastructure and technology, necessary to support the company's growth and meet the demands of its customers.

A significant portion of CoreWeave's revenue, approximately 62% in 2024, is derived from Microsoft. This customer concentration poses a substantial risk, as the loss of this key client could significantly impact the company's financial performance. CoreWeave also faces competition from major cloud providers like Amazon Web Services and Microsoft Azure, which could affect its market position and growth trajectory. 

CoreWeave's infrastructure heavily relies on Nvidia GPUs, and Nvidia also holds a 6% equity stake in the company. This dependence on Nvidia creates a potential vulnerability, as any disruptions in Nvidia's supply chain or technological advancements could affect CoreWeave's operations. 

Funds raised from the IPO are intended for working capital and debt repayment, aiming to strengthen the company's financial position. CoreWeave intends to use these funds to support its continued growth and to manage its substantial debt load. Investors should carefully consider the company's rapid growth, significant net losses, customer concentration risk and high debt levels.

Who owns CoreWeave, Inc.?

The current CEO and co-founder of CoreWeave is Michael Intrator. Intrator will control about 37% of the voting power after the offering, as disclosed in the filing. The company will be largely held by Intrator and Brannin McBee (CDO) with 19%, and Chief Strategy Officer Brian Venturo with 25%.

OpenAI is listed within the filing to receive US$350 million worth of CoreWeave stock.

CRVW IPO details

We’ll update this article when more information becomes available.

🎓 Learn more: What is an initial public offering and how do they work?→

Disclaimer

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Article sources

[1] CoreWeave, Inc. SEC Form S-1

[2] CoreWeave prices IPO at $40 a share, below expected range