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

CoreWeave Inc. (NASDAQ:CRWV)’s stock price gapped up before the market opened on Monday after DA Davidson upgraded the stock from a neutral rating to a buy rating. The stock had previously closed at $92.98, but opened at $102.00. DA Davidson now has a $110.00 price target on the stock, up from their previous price target of $68.00. CoreWeave shares last traded at $106.21, with a volume of 17,084,257 shares.

Several other brokerages have also issued reports on CRWV. Melius Research set a $140.00 price objective on CoreWeave in a report on Tuesday, November 11th. HC Wainwright reiterated a “buy” rating and issued a $180.00 target price on shares of CoreWeave in a report on Wednesday, November 12th. Citigroup reiterated a “buy” rating and issued a $135.00 target price (down previously from $192.00) on shares of CoreWeave in a research note on Friday, December 19th. Bank of America dropped their price objective on shares of CoreWeave from $168.00 to $140.00 and set a “neutral” rating for the company in a research note on Tuesday, November 11th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of CoreWeave in a research report on Monday, December 29th. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, CoreWeave presently has an average rating of “Hold” and an average target price of $124.10.

Insider Activity

In related news, insider Brian M. Venturo sold 281,250 shares of the stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $137.80, for a total value of $38,756,250.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, major shareholder Magnetar Financial Llc sold 804,514 shares of CoreWeave stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $138.48, for a total value of $111,409,098.72. Following the sale, the insider directly owned 302,294 shares of the company’s stock, valued at approximately $41,861,673.12. This trade represents a 72.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 7,674,171 shares of company stock worth $840,445,742 in the last ninety days.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Nvidia is investing $2 billion in CoreWeave and expanding a strategic partnership to build “AI factories,” a move intended to accelerate CoreWeave’s data‑center buildout (Nvidia bought shares at $87.20). This is the primary catalyst driving buying interest. Nvidia invests $2 billion in CoreWeave, expands partnership
• Positive Sentiment: Coverage and market commentary emphasize the same catalyst: Nvidia’s $2B stake and deeper collaboration to add large‑scale AI compute capacity (more than 5GW by 2030), reinforcing demand expectations for CoreWeave’s cloud GPU capacity. Nvidia invests $2B to help CoreWeave add 5GW of AI compute (TechCrunch)
• Positive Sentiment: DA Davidson upgraded CRWV to a “Buy” with a $110 price target (up from $68), citing strengthening compute demand — this analyst action supports further momentum. DA Davidson upgrades CoreWeave to Buy (The Fly)
• Neutral Sentiment: Needham & Company reaffirmed a “Hold” on CoreWeave — a reminder that not all analysts are immediately bullish despite the Nvidia deal. Benzinga
• Negative Sentiment: Multiple securities‑fraud class actions were filed against CoreWeave (alleged misstatements covering March 28–Dec 15, 2025); several law firms have announced lead‑plaintiff deadlines around March 13, 2026 — this raises potential litigation risk and headline volatility. CoreWeave investors: March 13 filing deadline in securities class action (GlobeNewswire)
• Negative Sentiment: Reported insider selling of roughly $25.8M in CoreWeave stock adds another near‑term negative data point that could concern some investors. Insider selling: CoreWeave insider sells $25.8M (AmericanBankingNews)

Hedge Funds Weigh In On CoreWeave

Large investors have recently modified their holdings of the stock. Family Legacy Financial Solutions LLC grew its position in shares of CoreWeave by 166.7% in the third quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock valued at $27,000 after purchasing an additional 125 shares during the last quarter. HighMark Wealth Management LLC bought a new position in CoreWeave during the 3rd quarter worth $27,000. OLD Second National Bank of Aurora bought a new position in shares of CoreWeave during the third quarter worth approximately $27,000. KERR FINANCIAL PLANNING Corp acquired a new position in CoreWeave in the 3rd quarter valued at $27,000. Finally, Princeton Global Asset Management LLC bought a new stake in CoreWeave during the third quarter worth about $28,000.

CoreWeave Stock Performance

The stock’s fifty day moving average price is $80.52 and its two-hundred day moving average price is $104.64. The company has a market cap of $38.11 billion and a P/E ratio of -68.01. The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.49 and a current ratio of 0.49.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Monday, November 10th. The company reported ($0.22) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.14. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same period in the previous year, the firm posted ($1.82) EPS. The business’s quarterly revenue was up 133.7% 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.