Is CoreWeave (CRWV) Stock a Buy After a 20% Drop? What JPMorgan Says
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TLDR CoreWeave (CRWV) stock fell about 20% last week and slipped 0.44% on Monday. JPMorgan says the business model is sound and the debt fears are overdone. A typical five-year contract earns a mid-teens return, above the 9% to 11% cost of capital. Most global banks have limited exposure, with $1 billion to $3 billion at the largest. JPMorgan expects free cash flow to stay negative until 2030. CoreWeave (CRWV) stock slipped 0.44% on Monday, after a drop of about 20% last week. Rising bond yields raised doubts about its debt-funded growth. CoreWeave, Inc.
Source: CoinCentral
