CoreWeave Shares Fall Over 25% in Worst Week Since November 2025 as Debt Concerns Rise

CoreWeave Inc. (CRWV) experienced its steepest weekly stock decline in 11 months, with shares falling more than 25% over the five-day period. The drop included an 11.91% decline on Friday to close at $61.39 per share, followed by a further slide of about 1% in extended trading. The slide leaves the artificial intelligence infrastructure provider down 14% year-to-date and 57% over the past 12 months.

The selling pressure was driven by growing investor anxieties regarding the company's debt burden, higher borrowing costs, and widening credit default swap spreads. However, market analysts view the drop as an overreaction to short-term rate pressures. Heavy spending on AI hardware remains robust, with memory chip demand accelerating 30% to 40% over the past two to three months. Analysts also noted that short-duration deals averaging roughly $40 million per megawatt help offset potential increases in long-term financing costs, while maintaining a price target of $150 on the stock.

Investors will look to upcoming quarterly earnings reports from major hyperscalers and technology companies to gauge whether high levels of AI capital expenditures are continuing. Key factors to monitor include potential delays or political pushback that could affect 5% to 10% of planned data center projects, alongside the pace of overall data center expansion across the technology sector.