Brokers Offer Predictions for CoreWeave Q3 Earnings

Key Points

• Northland Securities expects CoreWeave to lose $1.62 per share in Q3 2026, with projected losses of $5.50 per share for fiscal 2026 and $3.18 per share for fiscal 2027.
• CoreWeave’s latest quarterly results beat expectations, reporting a $1.14 per-share loss versus the $1.52 consensus estimate, while revenue surged 112.5% year over year to $2.58 billion.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $139.80, but the stock faces risks from its debt-heavy balance sheet, negative earnings and substantial insider selling.

CoreWeave Inc. (NASDAQ:CRWV - Free Report) - Equities research analysts at Northland Securities issued their Q3 2026 earnings estimates for shares of CoreWeave in a report issued on Wednesday, August 12th. Northland Securities analyst N. Chokshi anticipates that the company will earn ($1.62) per share for the quarter. The consensus estimate for CoreWeave's current full-year earnings is ($5.37) per share. Northland Securities also issued estimates for CoreWeave's Q4 2026 earnings at ($1.14) EPS, FY2026 earnings at ($5.50) EPS, Q1 2027 earnings at ($1.25) EPS, Q2 2027 earnings at ($1.02) EPS, Q3 2027 earnings at ($1.10) EPS, Q4 2027 earnings at $0.16 EPS and FY2027 earnings at ($3.18) EPS.

CoreWeave (NASDAQ:CRWV - Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating analysts' consensus estimates of ($1.52) by $0.38. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The business had revenue of $2.58 billion for the quarter. During the same period in the prior year, the business earned ($0.27) earnings per share. CoreWeave's revenue was up 112.5% compared to the same quarter last year.

A number of other research firms have also recently commented on CRWV. Barclays boosted 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. Mizuho boosted their target price on shares of CoreWeave from $100.00 to $115.00 and gave the stock a "neutral" rating in a report on Wednesday, August 12th. BTIG Research initiated coverage on shares of CoreWeave in a research report on Wednesday, July 22nd. They set a "buy" rating for the company. Piper Sandler reiterated an "overweight" rating and issued a $153.00 price target (up from $151.00) on shares of CoreWeave in a report on Wednesday, August 12th. Finally, Raymond James Financial cut shares of CoreWeave from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, July 22nd. Twenty-one analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $139.80.

CoreWeave Stock Performance

NASDAQ:CRWV opened at $89.76 on Friday. 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 12-month low of $60.55 and a 12-month high of $153.20. The stock has a 50-day moving average price of $90.25 and a 200 day moving average price of $94.79. The stock has a market capitalization of $41.19 billion, a P/E ratio of -24.59 and a beta of 7.44.

Institutional Investors Weigh In On CoreWeave

Several large investors have recently added to or reduced their stakes in the stock. Laidlaw Wealth Management LLC bought a new stake in shares of CoreWeave in the 2nd quarter valued at approximately $244,000. Keeler Thomas Management LLC bought a new stake in CoreWeave in the second quarter worth $209,000. Triumph Capital Management lifted its position in CoreWeave by 119.4% in the second quarter. Triumph Capital Management now owns 11,868 shares of the company's stock worth $1,181,000 after buying an additional 6,459 shares during the last quarter. Nwam LLC purchased a new position in CoreWeave during the second quarter worth $238,000. Finally, Sigma Planning Corp increased its position in CoreWeave by 17.8% during the second quarter. Sigma Planning Corp now owns 14,141 shares of the company's stock valued at $1,408,000 after acquiring an additional 2,133 shares during the last quarter.

Insider Activity

In related news, major shareholder Magnetar Financial Llc sold 307,131 shares of the firm's stock in a transaction on Friday, August 14th. The shares were sold at an average price of $108.75, for a total value of $33,400,496.25. Following the completion of the transaction, the insider directly owned 220,810 shares of the company's stock, valued at approximately $24,013,087.50. This trade represents a 58.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jack D. Cogen sold 986,540 shares of the company's stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $107.80, for a total transaction of $106,349,012.00. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 9,488,111 shares of company stock worth $938,023,466. 24.20% of the stock is currently owned by insiders.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced a multi-year agreement with Hudson River Trading (HRT) to provide AI cloud infrastructure for next-generation quantitative-trading research. HRT plans to use CoreWeave’s platform, including NVIDIA’s Vera Rubin NVL72 systems and Spectrum-X networking; reports described the contract as potentially worth billions of dollars. Hudson River Trading to Build Next-Gen Research Platform Powered by NVIDIA Vera Rubin NVL72 on CoreWeave Cloud
• Positive Sentiment: Recent operating results remain powerful: second-quarter revenue rose 112.5% year over year to approximately $2.58 billion, and backlog reached $104.2 billion. Analysts cited improving margins, operating leverage and strong AI demand while upgrading the stock to Strong Buy, with price targets ranging from $110 to $151. CoreWeave Strong Buy, But Debt and Dilution Risk Is Real
• Neutral Sentiment: The HRT announcement has not fully translated into enthusiasm because the agreement’s precise financial terms were not disclosed, leaving investors to weigh its long-term revenue potential against near-term valuation and execution risks.
• Negative Sentiment: CEO Michael N. Intrator sold 307,692 shares for approximately $29.5 million on August 18, reducing his direct holdings. Although the transactions were executed under a pre-arranged Rule 10b5-1 plan, the size of the sales can still pressure sentiment. CoreWeave CEO SEC Form 4
• Negative Sentiment: Other executives also disclosed substantial Rule 10b5-1 sales, including roughly $26.5 million from insider Brannin Mcbee and $678,786 from EVP Chen Goldberg. The repeated selling adds an overhang even though it may reflect scheduled diversification rather than a change in business outlook. CoreWeave EVP Sells Stock
• Negative Sentiment: CoreWeave’s debt-heavy balance sheet remains a key risk. Its debt-to-equity ratio is 5.53, while negative earnings and rising interest costs leave the company sensitive to higher Treasury yields, dilution concerns and fears of excess AI data-center capacity. Why Is CoreWeave Stock Falling?

CoreWeave Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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