10:36 AM EDT, 08/13/2025 (MT Newswires) -- CoreWeave's ( CRWV ) Q2 results signaled that margins remained pressured near-term by the cost of serving incremental demand, obscuring otherwise healthy underlying contract economics, Deutsche Bank said in a Wednesday note.

CoreWeave ( CRWV ) posted its Q2 earnings late Tuesday, reporting a loss higher than analyst estimates, while revenue of $1.21 billion was ahead of expectations.

Deutsche Bank said that demand continues to be driven by CoreWeave's ( CRWV ) largest customers, thus, favorably setting up the company for further expansions over the next several quarters.

More signs of traction in CoreWeave's ( CRWV ) startup and enterprise segments and across its stack, which includes storage, network backbone for multi-cloud inference, would help build confidence that the company can address a wider range of generative artificial intelligence use cases, Deutsche Bank said.

The bank rated CoreWeave ( CRWV ) hold with a $125 price target.

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