1220 ET - CoreWeave can still raise capital despite concerns about its capital structure and backlog risks, D.A. Davidson analyst Alex Platt says. Recent news indicating that CoreWeave is looking to raise $8.5 billion in debt capital to finance its Meta capacity is an incremental positive to alleviating capital structure risk, Platt says. Platt also believes that OpenAI will raise enough capital to meet its commitments to CoreWeave, which will help with concerns about backlog. "While remaining pragmatic and acknowledging there still remains concerns around CoreWeave, we believe these are concerns that can and likely will be alleviated in the near-to-medium term," Platt says. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
February 27, 2026 12:20 ET (17:20 GMT)
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