CoreWeave (CRWV) shares surged 9.31% to close at $99.30 on February 24, 2026, fueled by AI-sector enthusiasm and reports of a massive new financing deal.
- The company is reportedly seeking an $8.5 billion bank loan backed by Meta contracts valued at over $19 billion.
- Shares traded slightly lower at $99.00 (-0.30%) after-hours following a class action lawsuit notice regarding past infrastructure delays.
- Market analysts remain divided on valuation, with fair value estimates ranging from a conservative $88.50 to a narrative-driven $196.88.