Why CoreWeave Is The Best Neocloud Buy
What does Wall Street have against CoreWeave? Shares of the neocloud have been stalled for the past 12 months, even as the stocks of rivals such as Amsterdam-based Nebius and Australia-based Iren have soared. That’s despite the fact that CoreWeave is the furthest along in building a business to compete with more established cloud firms. CoreWeave is now trading at just 2.2 times its expected 2028 revenue, well below both Nebius and Iren, which are both trading at around 2.7 times, according...