Citigroup lowered its financial estimates for CoreWeave following the company’s fourth-quarter results and forward-looking guidance. Analysts adjusted first-quarter 2026 revenue and operating income projections downward to align with management's outlook.
Citi significantly reduced its full-year 2026 earnings per share (EPS) estimate from a $0.75 profit to a loss of $2.97. The firm also lowered its price target on the stock from $135 to $126.
CoreWeave shares fell 7% during early market trading on Tuesday. The stock has declined approximately 28% since reporting financial results on February 26.