CoreWeave, Inc.

AI-generated fair value estimate for this company.

Method: 10-year revenue-and-margin-ramp DCF: revenue starting from $12.87B (2026E consensus) and $26.26B (2027E consensus) then decelerating growth from 60% to 8% through year 9; free cash flow margin improving from -100% (current heavy capex buildout) to a terminal 25% as capex intensity normalizes; 14% discount rate for leverage and customer concentration risk; 3% terminal growth; $40B net debt; 551.54M diluted shares outstanding.

Reasoning: CoreWeave's current TTM free cash flow is deeply negative (-$13.7B) due to a massive debt-financed data-center buildout, so a near-term FCF DCF would be meaningless; I instead modeled revenue scaling per consensus with FCF margins normalizing over time, the standard approach for capital-intensive infrastructure buildouts, using a high discount rate and a conservative net-debt figure given real uncertainty in the company's fast-changing capital structure.