CoreWeave (NASDAQ:CRWV – Free Report) had its target price trimmed by Rosenblatt Securities from $250.00 to $160.00 in a research report report published on Monday morning, Marketbeat.com reports. The brokerage currently has a buy rating on the stock.
Several other brokerages also recently commented on CRWV. TD Cowen raised CoreWeave to a “buy” rating in a research note on Wednesday, July 22nd. Wells Fargo & Company reduced their target price on CoreWeave from $160.00 to $115.00 and set an “overweight” rating on the stock in a report on Monday. Morgan Stanley decreased their target price on CoreWeave from $99.00 to $70.00 and set an “equal weight” rating for the company in a research note on Friday, October 23rd. Cantor Fitzgerald restated an “overweight” rating on shares of CoreWeave in a report on Monday, October 19th. Finally, Barclays increased their price target on CoreWeave from $90.00 to $105.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Twenty-six analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $118.66.
View Our Latest Research Report on CoreWeave
CoreWeave Price Performance
CRWV opened at $60.77 on Monday. The firm’s fifty day moving average is $73.71 and its two-hundred day moving average is $89.28. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53. CoreWeave has a twelve month low of $40.58 and a twelve month high of $138.25.
CoreWeave (NASDAQ:CRWV – Get Free Report) last announced its quarterly earnings results 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. CoreWeave had a negative net margin of 25.56% and a negative return on equity of 59.42%. The company had revenue of $2.58 billion during the quarter. During the same period last year, the firm earned ($0.27) EPS. CoreWeave’s quarterly revenue was up 112.5% on a year-over-year basis. Equities research analysts forecast that CoreWeave will post -4.99 earnings per share for the current year.
Insider Transactions at CoreWeave
In other news, CFO Nitin Agrawal sold 22,579 shares of the firm’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $80.13, for a total transaction of $1,809,255.27. Following the completion of the transaction, the chief financial officer directly owned 110,017 shares of the company’s stock, valued at $8,815,662.21. This trade represents a 17.03% decrease in their position. The sale was disclosed in a legal filing 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. Also, CRO Jonathan Jones sold 21,569 shares of the firm’s stock in a transaction that occurred on Tuesday, October 13th. The stock was sold at an average price of $77.42, for a total transaction of $1,669,871.98. Following the transaction, the executive directly owned 5,392 shares of the company’s stock, valued at $417,448.64. This represents a 80.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. In the last three months, insiders have sold 3,727,018 shares of company stock worth $337,495,407. Corporate insiders own 24.20% of the company’s stock.
Institutional Trading of CoreWeave
A number of institutional investors have recently made changes to their positions in the business. Parallel Advisors LLC boosted its holdings in CoreWeave by 4.0% during the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock worth $181,000 after purchasing an additional 91 shares during the last quarter. Pathway Wealth Management LLC increased its stake in CoreWeave by 2.9% in the 1st quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock valued at $278,000 after buying an additional 100 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in CoreWeave by 3.6% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,128 shares of the company’s stock valued at $411,000 after buying an additional 145 shares during the last quarter. Cooper Financial Group increased its stake in CoreWeave by 5.0% in the 3rd quarter. Cooper Financial Group now owns 3,066 shares of the company’s stock valued at $267,000 after buying an additional 147 shares during the last quarter. Finally, Crumly & Associates Inc. lifted its position in CoreWeave by 0.4% during the 3rd quarter. Crumly & Associates Inc. now owns 34,602 shares of the company’s stock worth $3,015,000 after buying an additional 150 shares in the last quarter.
Trending Headlines about CoreWeave
Investors following CRWV have been watching these headlines:
- Positive Sentiment: Strong Q3 growth and raised guidance: Revenue rose 168% year over year to $3.66 billion, beating estimates, and the quarterly loss was narrower than expected. CoreWeave raised its 2026 revenue outlook to $13.0–$13.3 billion. CNBC outlook report
- Neutral Sentiment: Analysts remain divided: Some raised targets after the report, while others cut targets or stayed cautious, reflecting uncertainty about how quickly growth will translate into sustainable profitability. Analyst outlook
- Negative Sentiment: Debt, interest costs and cash needs remain key risks: The buildout is capital-intensive, and investors remain concerned about leverage, borrowing costs and whether customer prepayments and contract-backed financing will be sufficient to fund expansion. Funding strategy report
CoreWeave Company Profile
CoreWeave is a cloud computing company that provides infrastructure for artificial intelligence, machine learning, and other compute-intensive workloads. Its services include access to graphics processing units (GPUs), cloud storage and networking, and software tools for deploying and managing workloads. The company was founded in 2017 as a cryptocurrency mining business and later shifted its focus to cloud computing. CoreWeave is headquartered in Livingston, New Jersey, and operates data center infrastructure in the United States and Europe, serving customers that need large-scale computing resources.
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