TLDRCoreWeave stock traded near $56.15 premarket Wednesday, up about 15% from Tuesday’s $48.74 close.The CFO said the next delayed-draw loan would yield 7% to 7.5%, versus about 15% on unsecured bonds.Q3 revenue hit $3.66 billion, up 168%, while interest expense rose to $846 million.The 2026 revenue forecast was raised to $13 billion to $13.3 billion.Stifel kept a Hold rating and cut its price target to $60 from $120.CoreWeave stock was trading near $56.15 in premarket action Wednesday, up about 15% from Tuesday’s close of $48.74. The stock had slipped 0.5% in regular hours before the third-quarter report.CoreWeave, Inc. Class A Common Stock, CRWVThe spark was a number from CFO Nitin Agrawal. He said the next delayed-draw loan would yield 7% to 7.5%.The company’s unsecured senior notes trade near 15%. Stifel put the yield at about 16% since early October.COREWEAVE $CRWV Q3’26 EARNINGS HIGHLIGHTS Revenue: $3.66B (Est. $3.55B) ; +168% YoY Adj. Operating Income: $379M (Est. $234M) Adj. EBITDA: $2.26B (Est. $2.04B) ; +169% YoY Adj. Net Loss: -$529M (Est. -$677M) GAAP EPS: -$1.27Raises FY26 Guide:… pic.twitter.com/BX7yImQRo7— Wall St Engine (@wallstengine) November 10, 2026The stock was in the red when Agrawal started that section of the call. It turned green once he gave the range.Inside the Funding PlanCEO Michael Intrator said CoreWeave is dropping unsecured public debt. It will use delayed-draw loans backed by customer contracts, which let it borrow only as needed.Customer deposits will help too, with $9 billion expected in the next three months. Intrator said these sources should cover most of its capital needs through 2027.Stifel called the plan reasonable but said it leans on prepayments and continued access to secured markets. The firm kept its Hold rating and cut its price target to $60 from $120.Debt stood at about $47 billion on Sept. 30. Debt and lease liabilities rose $14.6 billion from the prior quarter to $66 billion.Interest expense hit $846 million, up from $310 million a year ago. The company guided fourth-quarter interest to $1.05 billion to $1.15 billion.The Quarter in NumbersRevenue reached $3.66 billion, up 168% and above the $3.54 billion Wall Street expected. The adjusted loss was $1.27 per share, better than the $1.55 loss analysts expected.Adjusted operating income rose 75% to $379 million. The adjusted margin fell to 10% from 16%.The net loss widened to $709 million from $110 million a year earlier. Capital spending jumped to $14.5 billion from $9.4 billion in the second quarter.Backlog is about $133 billion, up from $104 billion at the end of Q2. CoreWeave added more than 200 megawatts of active power, taking its total above 1.7 gigawatts.Full-year revenue guidance now sits at $13 billion to $13.3 billion, against a consensus of $12.9 billion. Adjusted operating income guidance rose to $1.275 billion to $1.375 billion.The low end of 2026 capex guidance moved up to $37 billion from $35 billion, with the high end still at $39 billion. Management expects to turn profitable on an adjusted basis in the first half of 2028.Intrator said he sees no impact on the data center pipeline from last week’s election results. He pointed to the permitting and construction status of the sites.The stock fell nearly 58% in the month before the report. Since its March 2025 IPO, it has traded between $33.52 and $187.As of 9:08 a.m. Wednesday, CoreWeave was quoted at $56.15 in premarket trading, up $7.42.The post CoreWeave (CRWV) Stock Rises 15% as Q3 Revenue Beats and 2026 Outlook Lifts appeared first on Blockonomi.