CoreWeave Inc. (NASDAQ:CRWV) Receives $141.90 Average Price Target from Analysts

CoreWeave Inc. (NASDAQ:CRWV) has received an average recommendation of “Moderate Buy” from the thirty-four ratings firms that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and twenty-one have issued a buy rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $141.90.

CRWV has been the subject of a number of recent research reports. Barclays lifted their price objective on CoreWeave from $90.00 to $105.00 and gave the company an “equal weight” rating in a research note on Thursday, August 13th. The Goldman Sachs Group upped 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. Rosenblatt Securities reiterated a “buy” rating and set a $250.00 price target on shares of CoreWeave in a research report on Wednesday, August 12th. Weiss Ratings raised CoreWeave from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, June 24th. Finally, UBS Group reaffirmed an “underperform” rating on shares of CoreWeave in a research note on Wednesday, August 12th.

CoreWeave Stock Down 6.1%

NASDAQ:CRWV opened at $89.12 on Friday. The firm has a market capitalization of $40.89 billion, a P/E ratio of -24.42 and a beta of 7.45. CoreWeave has a 1-year low of $60.55 and a 1-year high of $153.20. The company’s fifty day moving average price is $85.54 and its 200-day moving average price is $94.39. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.52) by $0.38. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The company had revenue of $2.58 billion during the quarter. During the same quarter in the prior year, the firm earned ($0.27) earnings per share. The company’s revenue for the quarter was up 112.5% on a year-over-year basis. As a group, equities research analysts anticipate that CoreWeave will post -5.19 EPS for the current year.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched Physical AI Field Engineering, a service based on technology acquired from Monolith AI that helps customers build and deploy AI systems across research, engineering and field operations. The offering could expand CoreWeave’s higher-value services beyond GPU infrastructure. CoreWeave Launches Physical AI Field Engineering to Turn Proprietary Data Into Production AI
• Positive Sentiment: Demand remains robust: CoreWeave’s CEO said the company is struggling to secure enough NVIDIA GPUs to meet customer needs, while pricing is currently rising faster than input costs. A large backlog and OpenAI’s plans to spend approximately $750 billion on compute through 2030 reinforce the long-term demand opportunity. CoreWeave cannot get enough Nvidia GPUs: why the stock still dropped 5%
• Positive Sentiment: Michael Burry reportedly reduced bearish positions tied to CoreWeave and NVIDIA, potentially removing a high-profile source of selling pressure. Analysts also maintain a consensus “Moderate Buy” view. Michael Burry Reduces Bearish Bets on NVDA and CRWV
• Neutral Sentiment: CoreWeave and Parallel Works announced a managed AI cloud environment for DARPA biological research, adding government and research visibility but with no disclosed financial impact. Parallel Works and CoreWeave to Accelerate DARPA Biological Research
• Negative Sentiment: Investors remain concerned about CoreWeave’s leverage and sensitivity to higher interest rates. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and continues to report negative earnings, making its GPU expansion capital-intensive and financially risky. How Dangerous Are Top Neoclouds as Rate Hike Odds Increase?
• Negative Sentiment: A rating downgrade highlighted mounting execution, financing and valuation risks. The stock’s high beta and unusually active options trading are amplifying price swings, while investors took profits even as GPU demand remained strong. CoreWeave: Risks Are Mounting

Insider Buying and Selling

In related news, EVP Chen Goldberg sold 22,424 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $95.91, for a total transaction of $2,150,685.84. Following the sale, the executive vice president owned 50,550 shares in the company, valued at approximately $4,848,250.50. This trade represents a 30.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kristen J. Mcveety sold 97,500 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $93.94, for a total transaction of $9,159,150.00. Following the completion of the transaction, the insider owned 123,313 shares of the company’s stock, valued at approximately $11,584,023.22. This trade represents a 44.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 7,339,268 shares of company stock valued at $678,455,019. Corporate insiders own 24.20% of the company’s stock.

Hedge Funds Weigh In On CoreWeave

A number of large investors have recently bought and sold shares of CRWV. Cullen Frost Bankers Inc. grew its holdings in CoreWeave by 45.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after purchasing an additional 121 shares during the period. Greenline Wealth Management LLC acquired a new position in shares of CoreWeave during the 4th quarter worth approximately $28,000. Essential Partners LLC purchased a new position in shares of CoreWeave during the 2nd quarter valued at approximately $30,000. Peterson Wealth Services lifted its position in shares of CoreWeave by 153.1% during the 1st quarter. Peterson Wealth Services now owns 405 shares of the company’s stock valued at $31,000 after buying an additional 245 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in CoreWeave in the 1st quarter valued at $31,000.

CoreWeave Company Profile

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning, high-performance computing and other data-intensive workloads. The company provides access to accelerated computing resources, particularly graphics processing units (GPUs), through a cloud platform designed for large-scale training, inference, rendering and scientific computing.

Its offerings include on-demand and reserved GPU instances, cloud storage, high-speed networking, Kubernetes-based container orchestration and managed services for deploying and scaling workloads.