CoreWeave's (CRWV) "Buy" Rating Reiterated at Rosenblatt Securities

Key Points

• Rosenblatt Securities reiterated its “Buy” rating on CoreWeave and maintained a $250 price target, implying roughly 213% upside from the stock’s Friday opening price of $79.88. Analysts overall give the company a “Moderate Buy” consensus rating with a $142.31 target.
• CoreWeave reported strong operating growth, with quarterly revenue rising 112.5% year over year to $2.58 billion and an adjusted loss per share that beat estimates. However, the company remains unprofitable and highly leveraged, with a debt-to-equity ratio of 5.53.
• Insiders have sold substantial shares recently, including major shareholder Magnetar Financial and CEO Michael Intrator, while CoreWeave’s planned $3 billion convertible-debt offering and potential $500 million expansion raise could increase interest costs and shareholder dilution.

CoreWeave (NASDAQ:CRWV - Get Free Report)'s stock had its "buy" rating reiterated by investment analysts at Rosenblatt Securities in a research note issued to investors on Friday, Benzinga reports. They presently have a $250.00 price target on the stock. Rosenblatt Securities' price target would indicate a potential upside of 212.97% from the stock's current price.

Several other equities research analysts have also recently weighed in on CRWV. Robert W. Baird increased their price objective on CoreWeave from $100.00 to $130.00 and gave the company an "outperform" rating in a research report on Wednesday, August 12th. BTIG Research started coverage on shares of CoreWeave in a research report on Wednesday, July 22nd. They set a "buy" rating on the stock. Truist Financial upped their target price on shares of CoreWeave from $155.00 to $165.00 and gave the company a "buy" rating in a research note on Monday, August 24th. Jefferies Financial Group downgraded shares of CoreWeave from a "buy" rating to a "hold" rating in a report on Wednesday, July 22nd. Finally, Wells Fargo & Company raised their price target on shares of CoreWeave from $155.00 to $160.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 12th. Twenty-one investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, CoreWeave currently has a consensus rating of "Moderate Buy" and a consensus price target of $142.31.

CoreWeave Trading Down 4.2%

CoreWeave stock opened at $79.88 on Friday. CoreWeave has a 52 week low of $60.55 and a 52 week high of $153.20. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46. The firm has a market capitalization of $36.65 billion, a PE ratio of -21.88 and a beta of 7.45. The business's 50-day simple moving average is $85.23 and its 200-day simple moving average is $94.04.

CoreWeave (NASDAQ:CRWV - Get Free Report) last announced its earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, beating the consensus estimate of ($1.52) by $0.38. The firm had revenue of $2.58 billion during the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.CoreWeave's revenue for the quarter was up 112.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.27) EPS. Equities research analysts forecast that CoreWeave will post -5.19 earnings per share for the current year.

Insider Activity at CoreWeave

In other CoreWeave news, major shareholder Magnetar Financial Llc sold 307,131 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.75, for a total transaction of $33,400,496.25. Following the completion of the transaction, the insider directly owned 220,810 shares in the company, valued at $24,013,087.50. This represents a 58.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Michael Intrator sold 278,560 shares of CoreWeave stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $97.43, for a total value of $27,140,100.80. Following the transaction, the chief executive officer directly owned 3,138,612 shares of the company's stock, valued at approximately $305,794,967.16. The trade was a 8.15% 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. Insiders have sold a total of 7,014,950 shares of company stock valued at $629,986,096 in the last 90 days. 24.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On CoreWeave

Several large investors have recently made changes to their positions in CRWV. Alyeska Investment Group L.P. increased its holdings in CoreWeave by 55.7% during the 2nd quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company's stock valued at $1,084,117,000 after purchasing an additional 3,897,741 shares in the last quarter. Deutsche Bank AG boosted its stake in CoreWeave by 22,624.0% in the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company's stock worth $273,039,000 after purchasing an additional 3,796,077 shares in the last quarter. Altimeter Capital Management LP bought a new stake in shares of CoreWeave during the fourth quarter worth $230,099,000. Amundi grew its holdings in shares of CoreWeave by 266.2% during the first quarter. Amundi now owns 3,284,121 shares of the company's stock worth $254,421,000 after purchasing an additional 2,387,337 shares during the last quarter. Finally, Altshuler Shaham Ltd increased its stake in shares of CoreWeave by 9,369.1% in the fourth quarter. Altshuler Shaham Ltd now owns 2,010,676 shares of the company's stock valued at $143,985,000 after buying an additional 1,989,442 shares in the last quarter.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave became the first specialized AI cloud provider to bring a multi-rack NVIDIA Vera Rubin NVL72 cluster online. The system combines hundreds of next-generation GPUs for agentic AI workloads, while new object-storage capabilities could improve customer performance and help CoreWeave secure high-value contracts. CoreWeave Brings Up Multi-Rack NVIDIA Vera Rubin NVL72 Cluster
• Positive Sentiment: The company has signed short-term compute contracts priced at approximately $40 million per megawatt on an annualized basis and reported more than $25 billion in new customer commitments early in the third quarter. The pricing suggests demand and pricing power remain strong. CoreWeave Continues to Contract New Compute Capacity at Higher Prices
• Positive Sentiment: CoreWeave also secured a 15-year anchor lease and expansion agreement at Blockfusion’s Niagara Falls campus, providing long-term data-center capacity and access to power for future AI clusters. Blockfusion Signs 15-Year Anchor Lease With CoreWeave at Niagara Falls AI Campus
• Neutral Sentiment: Despite a $104.2 billion backlog and revenue growth above 100%, CoreWeave remains unprofitable. Its recent quarterly loss exceeded $1 per share, and its debt-to-equity ratio of roughly 5.5 highlights the financial demands of expanding GPU capacity.
• Negative Sentiment: Investor concern intensified after CoreWeave announced a proposed $3 billion convertible senior-notes offering, with a possible additional $500 million, and an at-the-market program allowing sales of up to 35 million Class A shares. The funding supports expansion but raises interest costs and potential dilution. CoreWeave launches $3 billion convertible debt sale
• Negative Sentiment: Bernstein flagged CoreWeave as particularly exposed if AI training demand slows or model efficiency reduces infrastructure needs. Insider sales by the CEO and CFO added to sentiment pressure, although the transactions were conducted under a 10b5-1 plan and the CFO’s sale was reportedly related to tax withholding. Bernstein Flags CoreWeave as Most Exposed to an AI Training Slowdown

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.

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