CoreWeave (NASDAQ:CRWV) Shares Gap Up After Analyst Upgrade

CoreWeave Inc. (NASDAQ:CRWV)’s stock price gapped up before the market opened on Wednesday after Sanford C. Bernstein upgraded the stock to a strong sell rating. The stock had previously closed at $73.78, but opened at $77.80. CoreWeave shares last traded at $79.63, with a volume of 7,649,153 shares changing hands.

Several other research firms have also recently issued reports on CRWV. Loop Capital cut their target price on CoreWeave from $165.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. Truist Financial lifted their price objective on CoreWeave from $84.00 to $85.00 and gave the stock a “hold” rating in a research report on Friday, February 27th. Needham & Company LLC restated a “hold” rating on shares of CoreWeave in a report on Friday, February 27th. Citizens Jmp restated a “market outperform” rating and issued a $180.00 price objective on shares of CoreWeave in a report on Friday, February 27th. Finally, Morgan Stanley lifted their target price on shares of CoreWeave from $91.00 to $99.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 11th. Seventeen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $121.77.

Insiders Place Their Bets

In other news, insider Brannin Mcbee sold 102,835 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $73.57, for a total value of $7,565,570.95. Following the sale, the insider directly owned 185,181 shares in the company, valued at $13,623,766.17. The trade was a 35.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Brian M. Venturo sold 281,250 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $87.75, for a total value of $24,679,687.50. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,340,085 shares of company stock worth $373,147,282 over the last three months.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave signed a multi‑year agreement to power Perplexity’s AI inference workloads — a high‑visibility customer win that underscores CoreWeave’s position in the faster‑growing inference market and supports its large contracted backlog. CoreWeave Perplexity Deal
• Positive Sentiment: Market analysis highlights CoreWeave’s $66.8B backlog and NVIDIA partnership as durable demand drivers that can convert into multi‑year revenue as inference workloads scale. MarketBeat: Deal Signals AI Direction
• Neutral Sentiment: Wall Street coverage is mixed: some firms (Citigroup) lowered targets while keeping constructive ratings, others reiterate hold/buy — creating split near‑term guidance for investors. See today’s analyst roundup for context. Yahoo Finance: Analyst Calls
• Negative Sentiment: Numerous securities‑fraud class actions and multiple law‑firm notices (lead‑plaintiff deadlines) were filed/announced covering the March–Dec 2025 class period — heightening legal risk and potential future liability/costs. PR Newswire: Schall Law Firm Notice
• Negative Sentiment: Quarterly results and guidance concerns: Q4 showed a large loss and management’s aggressive capex plans (very high 2026 capex) have spooked the market — analysts and shareholder‑rights firms flagged the magnitude of the loss and “soft” guidance. Hagens Berman: Q4 Loss Analysis
• Negative Sentiment: Insider activity: CFO Nitin Agrawal sold ~3,920 shares (disclosed SEC Form 4), which investors often view as a modest negative signal amid the other headwinds. SEC Form 4 Disclosure

Hedge Funds Weigh In On CoreWeave

Several institutional investors and hedge funds have recently added to or reduced their stakes in CRWV. SHP Wealth Management acquired a new stake in shares of CoreWeave during the fourth quarter worth $106,000. WMS Group LLC acquired a new stake in CoreWeave in the fourth quarter valued at approximately $213,000. Caitong International Asset Management Co. Ltd increased its holdings in CoreWeave by 35.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 139,511 shares of the company’s stock worth $9,990,000 after acquiring an additional 36,785 shares in the last quarter. Clearwave Capital LLC purchased a new position in CoreWeave in the 4th quarter valued at about $386,000. Finally, Alpine Global Management LLC boosted its stake in shares of CoreWeave by 34,895.7% in the fourth quarter. Alpine Global Management LLC now owns 8,049 shares of the company’s stock worth $576,000 after acquiring an additional 8,026 shares during the last quarter.

CoreWeave Stock Performance

The company has a market cap of $31.35 billion and a price-to-earnings ratio of -23.38. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.49 and a current ratio of 0.46. The firm’s 50 day simple moving average is $88.54 and its 200-day simple moving average is $98.84.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The business had revenue of $1.57 billion during the quarter. CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The business’s revenue for the quarter was up 110.4% compared to the same quarter last year.

About CoreWeave

CoreWeave is a U.S.-based provider of GPU-accelerated cloud infrastructure designed to support compute-intensive workloads such as artificial intelligence, machine learning, visual effects rendering and other high-performance computing applications. The company supplies access to large fleets of modern GPUs and complementary infrastructure that enable customers to train and deploy large models, run inference at scale, and process graphics-heavy workloads with low latency and high throughput.

CoreWeave’s product offering includes on-demand and dedicated GPU instances, bare-metal servers, private clusters and managed services tailored for enterprise and developer use.