CoreWeave (NASDAQ:CRWV – Free Report) had its target price hoisted by Cantor Fitzgerald from $167.00 to $176.00 in a research note released on Wednesday, Marketbeat.com reports. The brokerage currently has an overweight rating on the stock.
A number of other research analysts have also recently weighed in on the company. Mizuho dropped their price target on CoreWeave from $110.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, July 15th. Jefferies Financial Group lowered CoreWeave from a “buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. Barclays dropped their price objective on CoreWeave from $120.00 to $90.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 21st. Sanford C. Bernstein assumed coverage on shares of CoreWeave in a research note on Wednesday, July 22nd. They issued an “outperform” rating for the company. Finally, Roth Capital reissued a “buy” rating and issued a $150.00 price objective on shares of CoreWeave in a research report on Friday, May 8th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $138.72.
Read Our Latest Stock Analysis on CRWV
CoreWeave Stock Down 1.0%
CoreWeave (NASDAQ:CRWV – Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.52) by $0.38. The business had revenue of $2.58 billion for the quarter. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The business’s revenue for the quarter was up 112.5% compared to the same quarter last year. During the same period last year, the company earned ($0.27) earnings per share. On average, sell-side analysts predict that CoreWeave will post -5.05 EPS for the current fiscal year.
Insider Buying and Selling
In related news, EVP Chen Goldberg sold 19,208 shares of CoreWeave stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $92.29, for a total transaction of $1,772,706.32. Following the sale, the executive vice president directly owned 71,266 shares in the company, valued at $6,577,139.14. The trade was a 21.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Sachin Jain sold 13,608 shares of CoreWeave stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $92.09, for a total transaction of $1,253,160.72. Following the sale, the chief operating officer owned 147,785 shares in the company, valued at approximately $13,609,520.65. This represents a 8.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 9,742,098 shares of company stock valued at $963,211,837 in the last ninety days. Insiders own 24.20% of the company’s stock.
Institutional Trading of CoreWeave
Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after buying an additional 20,487,478 shares during the period. Proficio Capital Partners LLC increased its position in CoreWeave by 446,194.0% during the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after buying an additional 17,847,760 shares during the last quarter. Bank of America Corp DE raised its holdings in CoreWeave by 13.1% during the first quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock valued at $437,870,000 after buying an additional 653,398 shares in the last quarter. Clear Street Group Inc. raised its holdings in CoreWeave by 57.2% during the fourth quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock valued at $333,260,000 after buying an additional 1,692,916 shares in the last quarter. Finally, Alyeska Investment Group L.P. lifted its position in shares of CoreWeave by 300.0% in the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock worth $286,440,000 after buying an additional 3,000,000 shares during the last quarter.
Key Stories Impacting CoreWeave
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: Citigroup raised its price target to $159 and upgraded CoreWeave to “Buy,” implying substantial potential upside from recent levels and reinforcing bullish analyst sentiment. Benzinga
- Positive Sentiment: CoreWeave’s strong second-quarter results remain the main catalyst: revenue increased 112% year over year to approximately $2.6 billion, adjusted EBITDA reached $1.51 billion, and the company reported a $104.2 billion backlog—or $129.2 billion including incremental commitments. Full-year revenue guidance was raised to $12.4 billion–$13.2 billion. Seeking Alpha article
- Positive Sentiment: Analysts and market commentators said hyperscaler results and rising AI data-center pricing validate the monetization of AI demand. Robert W. Baird lifted its target to $130, while other coverage remained constructive on CoreWeave’s growth prospects. Baird price target article
- Neutral Sentiment: Technical coverage remains bullish after the earnings-driven surge, but the pullback indicates investors may be taking profits and reassessing valuation following the rapid advance. Barron’s technical analysis
- Negative Sentiment: Funding the growth plan remains a key risk. CoreWeave raised 2026 capital-expenditure expectations to $35 billion–$39 billion, while high debt and approximately $640 million in quarterly net interest expense could pressure cash flow and delay profitability. Zacks capex article
- Negative Sentiment: CEO Michael Intrator and co-founder Brannin McBee disclosed sizable sales executed under pre-arranged Rule 10b5-1 plans. Although planned transactions do not necessarily signal deteriorating business conditions, they can add pressure after a major rally. SEC insider filing
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.
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