CoreWeave Inc. (NASDAQ:CRWV) Receives Consensus Rating of “Moderate Buy” from Brokerages

CoreWeave Inc. (NASDAQ:CRWV) has earned an average recommendation of “Moderate Buy” from the thirty-five ratings firms that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and twenty-three have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $138.78.

A number of research analysts have recently issued reports on CRWV shares. BTIG Research began coverage on shares of CoreWeave in a research note on Wednesday, July 22nd. They set a “buy” rating on the stock. Citigroup lifted their price objective on CoreWeave from $142.00 to $159.00 and gave the company a “buy” rating in a report on Friday, August 14th. The Goldman Sachs Group increased their target price on CoreWeave from $121.00 to $139.00 and gave the stock a “neutral” rating in a research note on Friday, August 21st. JPMorgan Chase & Co. raised CoreWeave from a “neutral” rating to an “overweight” rating and raised their price target for the company from $120.00 to $125.00 in a report on Thursday, September 24th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of CoreWeave in a research note on Monday, September 21st.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: William Blair initiated coverage with an Outperform rating, adding a favorable analyst view to the investment case. William Blair initiates coverage of CoreWeave at outperform
• Positive Sentiment: CoreWeave has reportedly put Nvidia’s Vera Rubin platform into production, signaling continued progress in deploying next-generation AI computing capacity. CoreWeave, Inc. Puts Vera Rubin Into Production
• Neutral Sentiment: A new report on CoreWeave’s pricing strategy has attracted significant Wall Street attention. The development may influence investor expectations for revenue growth and margins, although the article does not establish a clearly positive or negative market impact. CoreWeave’s Latest Pricing Move Gets Major Wall Street Attention
• Neutral Sentiment: Chief Strategy Officer and director Brian Venturo sold 65,616 shares for approximately $5.75 million after restricted-stock-unit vesting. The filing said the sale was for tax withholding, reducing its significance as a discretionary insider-sale signal. CoreWeave’s Venturo sells 65,616 shares after RSU vesting
• Negative Sentiment: Reports say AI compute pricing is already slipping, raising concerns that increased industry capacity could pressure CoreWeave’s pricing power and margins. The AI Buildout Needs Power It Cannot Get
• Negative Sentiment: Nebius is reportedly winning customers that CoreWeave cannot serve, highlighting competitive and capacity constraints in the AI cloud market. CoreWeave vs. Nebius
• Negative Sentiment: Investor commentary continues to flag CoreWeave’s heavy debt burden as a risk, particularly if interest rates remain elevated. Sector rotation also favored Cloudflare over other high-beta cloud names, leaving CoreWeave out of favor. Cloudflare Climbs as Risk Appetite Favors High-Beta Cloud Names

Insiders Place Their Bets

In related news, insider Brannin Mcbee sold 56,531 shares of the business’s stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $87.69, for a total transaction of $4,957,203.39. Following the sale, the insider owned 392,279 shares of the company’s stock, valued at approximately $34,398,945.51. The trade was a 12.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Brian M. Venturo sold 65,616 shares of the company’s stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $87.69, for a total transaction of $5,753,867.04. Following the transaction, the insider owned 302,526 shares in the company, valued at $26,528,504.94. The trade was a 17.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 5,912,108 shares of company stock worth $515,253,504 in the last ninety days. 24.20% of the stock is owned by insiders.

Institutional Investors Weigh In On CoreWeave

Several institutional investors have recently modified their holdings of CRWV. MassMutual Private Wealth & Trust FSB grew its stake in CoreWeave by 241.1% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 307 shares of the company’s stock valued at $27,000 after acquiring an additional 217 shares during the last quarter. Polaris Financial Partners purchased a new position in shares of CoreWeave during the 3rd quarter worth $56,000. CX Institutional purchased a new position in CoreWeave during the third quarter worth about $138,000. Versant Capital Management Inc increased its stake in shares of CoreWeave by 11,500.0% during the 3rd quarter. Versant Capital Management Inc now owns 1,276 shares of the company’s stock valued at $111,000 after acquiring an additional 1,265 shares during the last quarter. Finally, Doliver Advisors LP acquired a new position in shares of CoreWeave during the 3rd quarter valued at about $364,000.

CoreWeave Price Performance

Shares of NASDAQ CRWV opened at $87.39 on Tuesday. The stock has a fifty day moving average price of $87.38 and a 200 day moving average price of $94.76. CoreWeave has a 1-year low of $60.55 and a 1-year high of $153.20. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46. The company has a market cap of $40.10 billion, a PE ratio of -23.94 and a beta of 7.36.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.52) by $0.38. The company 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 quarterly revenue was up 112.5% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.27) earnings per share. Sell-side analysts forecast that CoreWeave will post -5.19 EPS for the current year.

CoreWeave Company Profile

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning and other data-intensive workloads. The company offers access to accelerated computing resources, including graphics processing units (GPUs), alongside central processing units, high-performance storage, networking and data center capacity.

Its platform supports AI model training, fine-tuning and inference, as well as visual effects, rendering, scientific computing and other demanding applications.