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CoreWeave Stock Is Up Around 50% This Year, and Here's Why It Can Still Soar Higher

The tech stock will soon be added to a major index.

CoreWeave Stock Is Up Around 50% This Year, and Here's Why It Can Still Soar Higher

CoreWeave Stock Is Up Around 50% This Year, and Here's Why It Can Still Soar Higher

Published June 16, 2026 · Category: Finance

Overview

One tech company that doesn't have a terribly large market cap and that can benefit from the soaring demand for Nvidia's cutting-edge chips is CoreWeave (NASDAQ: CRWV). At a market cap of around $60 billion, it's an important player in tech, but its valuation isn't as astronomical as that of other tech giants.

It struggled late last year, but so far in 2026, the tech stock has been doing well, with its shares rising by close to 50%. And the good news? They may climb even higher this year, as shareholders recently got some great news.

Image source: Getty Images.

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Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.