CoreWeave, the GPU cloud infrastructure company that Wall Street once couldn’t get enough of, is having a rough stretch. Shares of CRWV closed down 4.05% on July 14, 2026, landing at $79.94 and extending what has become one of the more painful declines in the AI infrastructure space.
For a stock that peaked somewhere between $183 and $200 around mid-2025, the current price represents a gut punch of roughly 55-60% from its highs.
From IPO darling to cautionary tale
CoreWeave went public in March 2025 at $40 per share, raising approximately $1.5 billion in the process. Revenue was more than doubling year-over-year in certain quarters, Nvidia had poured $2 billion into the company, and the AI infrastructure narrative was firing on all cylinders.
The 52-week trading range tells the story pretty clearly: $63.80 to $153.20 as of mid-July 2026.
