CoreWeave Raises 2026 Outlook to $13.3 Billion, Stock Rebounds From 52-Week Low

CoreWeave raised its 2026 revenue outlook to $13.3 billion and its shares jumped 7.9% to $52.58 in after-hours trading, rebounding from a close of $48.73 that followed an AI-driven selloff to a 52-week low. The upgraded guidance signals the AI cloud provider expects sustained demand despite the sector's recent volatility. The growth comes at a cost: net interest expense climbed to $846 million from $310 million a year earlier, underscoring the debt-heavy financing behind its infrastructure buildout. Investors will be watching whether CoreWeave can convert its expanded backlog into revenue fast enough to service that rising interest burden.