Why did CRWV stock fall today?

CRWV stock slipped after CoreWeave reported a wider-than-expected quarterly loss, reminding investors that heavy buildout spending still weighs on profits. Management highlighted strong demand and a large backlog, but the market focused on near-term dilution, cash burn, and execution risk after the report released late on Feb. 26.

How big is the CoreWeave backlog and why does it matter?

Management cited a $66.8 billion backlog tied to multi-year AI cloud contracts. It matters because it signals strong demand visibility across training and inference workloads. For CRWV stock, timely conversion of that backlog into recognized revenue and cash flow is the bridge from growth spending to sustainable profitability.

Is CoreWeave profitable right now?

No. On a trailing basis, EPS is -$1.66 and free cash flow is negative as the company scales infrastructure. Profitability depends on backlog conversion, operating leverage, and financing costs. Investors in CRWV stock should track gross margins, utilization, and working capital as capacity ramps through 2026.

What key technical levels should I watch on CRWV stock?

Near-term support sits around the middle Bollinger band near $92.81, with secondary support near $81.01. Resistance is around $104.61 and the 200-day average near $109.12. A push above $105 to $110 would improve momentum, while a break below $93 could open room to retest the low $80s.

How are analysts and models rating CRWV stock?

Views are mixed. The Street shows 13 Buy, 10 Hold, and 3 Sell ratings. One third-party model assigns a D+ with a Strong Sell tilt, while a composite stock grade indicates B+ with a BUY suggestion. Divergence reflects uncertainty around growth execution, financing costs, and margin expansion.

Global Market Insights

CRWV Stock Today: February 27 — Shares Drop as Loss Tops Views, Backlog $66.8B

ByDanny Kontos February 27, 2026February 27, 2026

CRWV stock fell today after CoreWeave reported a wider-than-expected Q4 loss, even as management pointed to a $66.8 billion backlog and strong demand tied to AI cloud spending. Shares traded near $97.63, down about 0.39%, with a day range of $95.02 to $100.75. Following results late Feb. 26, investors weighed growth visibility against near-term dilution and cash burn. We break down what the new data means for CRWV stock, CoreWeave earnings quality, and the outlook for 2026.