Down 55% From Its High: Is CoreWeave the Best AI Stock to Buy Right Now?

2026-03-12 12:52:29 ET

CoreWeave (NASDAQ: CRWV) , a provider of cloud-based AI infrastructure services, went public at $40 per share on March 28, 2025. It soared in the first three months and closed at a record high of $183.58 on June 20. But as of this writing, it trades at about $82.

CoreWeave's stock was cut in half amid steep losses, high debt, and pricey expansion plans that overshadowed its explosive revenue growth. But does that pullback represent a good buying opportunity for investors who expect its business to keep growing?

Image source: Getty Images.

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