1 Artificial Intelligence (AI) Stock That Could Surprise Investors in 2026

Stock Performance and Revenue: CoreWeave’s shares have significantly fallen by 55% from their 2025 highs, while revenue has surged from $229 million in 2023 to $5.1 billion in 2025.
Infrastructure Investments: Investors are concerned about CoreWeave’s high capital expenditures, which are crucial for supporting rapid revenue growth but may be eroding profitability. Q4 alone saw a capital expenditure of $8.2 billion.
Market Competition and Opportunities: Despite tough competition from high-valued AI stocks like Nvidia and Microsoft, smaller AI companies, including CoreWeave, have shown tremendous growth potential, making it a potentially undervalued option.
Contracted Revenue and Growth Outlook: CoreWeave has forecasted a remarkable 235% jump in revenue for 2026, backed by a $66.8 billion revenue backlog and an expanding infrastructure of 43 data centers.
Dependency on Key Customer: CoreWeave’s biggest customer, Microsoft, contributed 67% of its 2025 revenue. Despite this dependency, the company increased its high-value customers by 150% in 2025.
Potential for Surprise: Due to its current low share price and the substantial demand and infrastructure it has in place, CoreWeave is considered a promising opportunity for potential 2026 gains if the market fears prove unfounded.