This Artificial Intelligence (AI) Stock Has a $66 Billion Backlog. Here’s Why It Could Soar in 2026.

This Artificial Intelligence (AI) Stock Has a  Billion Backlog. Here’s Why It Could Soar in 2026.

This Artificial Intelligence (AI) Stock Has a $66 Billion Backlog. Here’s Why It Could Soar in 2026.

https://www.aol.com/articles/artificial-intelligence-ai-stock-66-192500389.html

Publish Date: 2026-03-11 15:32:00

Source Domain: www.aol.com

Here’s a summary of the key points from the article:

  • CoreWeave’s Business Model: CoreWeave offers an AI development toolkit that provides tools and hardware for developing AI without the prohibitive costs associated with creating one’s own infrastructure.

  • Partnerships and Clients: The company has secured major partnerships, including with giants like IBM, and offers services that have helped AI firms like Mistral AI scale faster and more cost-effectively.

  • Financial Performance: Despite a significant adjusted net loss, CoreWeave experienced an impressive revenue growth of 168% in 2025, reaching $5.1 billion.

  • Backlog and Growth Projections: By the end of 2025, CoreWeave’s backlog was increased by 342% to $66.8 billion, with significant portions set for long-term deals. The company forecasts substantial revenue growth for 2026, with guidance set between $12 to $13 billion.

  • Market Position: CoreWeave’s AI infrastructure services are in high demand, and with continued long-term partnerships with key players, its growth trajectory appears robust.

  • Investor Considerations: While CoreWeave shows strong growth and potential, it is not listed among The Motley Fool’s recommended stocks for investors. Potential investors are encouraged to evaluate all available market opportunities.