CoreWeave Projects Profitability by First Half of 2028
AI infrastructure provider CoreWeave has outlined a long-term financial roadmap, targeting adjusted net income profitability by the first half of 2028. The company expects to see a meaningful narrowing of its adjusted losses throughout 2027 as it scales operations. CEO Michael Intrator attributed this optimistic outlook to several key drivers: increased pricing power, the renewal of GPU-based contracts, and sustained high demand for specialized AI computing capacity. These factors are expected to stabilize margins as the company matures its infrastructure offerings.
Tickers: $CRWV
Topics: AI computing demand GPU contracts profitability forecast