CoreWeave Earnings Could Trigger $4.85 Billion Market Swing

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Market trends suggest CoreWeave is set to report Q3 2026 earnings after market close. Analysts forecast a $1.16 per share loss on $3.55 billion revenue, versus 8 cents last year. Options data show a 19.76% price swing, or $4.85 billion in market volatility impact. The firm offers cloud infrastructure for AI workloads and holds a Buy consensus rating.

This roundup covers companies reporting earnings on Tuesday. CoreWeave will release third-quarter 2026 results after trading closes. Analysts forecast a loss of $1.16 per share on revenue of $3.55 billion. CoreWeave recorded a loss of 8 cents per share on revenue of $1.36 billion a year earlier.

Benzinga Pro data show CoreWeave options imply a 19.76% move following earnings. That potential move represents roughly $4.85 billion against CoreWeave's market capitalization of about $24.6 billion. Investors will assess growth, margins and indications of future demand.

CoreWeave provides cloud infrastructure designed for AI workloads, including Nvidia GPUs and other equipment for training and inference. CoreWeave has a Buy consensus rating and trades substantially below the average analyst price forecast over 180 days. Benzinga Pro records recent Buy reiterations and price-forecast reductions from Citigroup and UBS. Benzinga Pro also records Morgan Stanley maintaining an Equal-Weight rating.

CoreWeave shares have fallen 41.5% in 2026 and trade 50.6% below the 200-day moving average. CoreWeave's 50-day moving average fell below the 200-day moving average in July. CoreWeave shares trade about 68% below the 52-week high of $138.25.

On Holding will release third-quarter 2026 results before trading opens. Analysts forecast earnings of 46 cents per share on revenue of $1.14 billion. On Holding earned 54 cents per share on revenue of $993.04 million a year earlier. Benzinga Pro data show options imply a 9.35% move, the smallest among the watchlist's companies. That potential move represents $1.22 billion against On Holding's market capitalization of $13 billion.

Performance running footwear generates more than 90% of On Holding's sales. On Holding also has a smaller, growing apparel and accessories business. On Holding has a Buy consensus rating and trades below the average analyst price forecast over 180 days. Benzinga Pro records recent coverage initiations by Wells Fargo and Wolfe Research, along with BTIG maintaining a Buy rating.

On Holding shares have declined 20.4% in 2026 but trade 2.9% above the 200-day moving average. On Holding shares trade about 27% below the 52-week high of $51.08.

The roundup also covers D-Wave Quantum reporting third-quarter 2026 results before trading opens, with Benzinga Pro data showing an options-implied move of 22.54%, equivalent to about $918 million against a market capitalization of $4.07 billion.

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