CoreWeave Inc. (NASDAQ:CRWV) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Shares of CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) have earned an average rating of "Moderate Buy" from the thirty-four ratings firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty-one have assigned a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $141.90.

Several brokerages recently issued reports on CRWV. Wolfe Research restated an "outperform" rating on shares of CoreWeave in a research report on Monday, July 6th. TD Cowen upgraded shares of CoreWeave to a "buy" rating in a research note on Wednesday, July 22nd. BNP Paribas Exane initiated coverage on shares of CoreWeave in a research note on Tuesday, June 2nd. They set an "outperform" rating and a $192.00 price target on the stock. Roth Capital set a $145.00 price objective on shares of CoreWeave in a research report on Thursday, August 13th. Finally, Citigroup upped their price objective on CoreWeave from $142.00 to $159.00 and gave the stock a "buy" rating in a research note on Friday, August 14th.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave’s second-quarter revenue more than doubled year over year, supporting optimism about demand for its AI cloud-computing services. Improving sentiment toward AI stocks also helped the shares rebound during August. Why CoreWeave Stock Gained 18% in August
• Positive Sentiment: Management has reduced CoreWeave’s weighted-average borrowing cost by nearly 300 basis points, which could help offset the company’s heavy financing burden over time. CoreWeave’s Interest Expense Hit $640 Million Last Quarter
• Neutral Sentiment: OpenAI CEO Sam Altman warned that spending and expansion plans among emerging “neocloud” companies may be unsustainable. The comments increase scrutiny of CoreWeave’s growth plans and the broader AI-compute investment cycle. Sam Altman Sees “Unsustainable Silliness” in AI Compute Spending
• Negative Sentiment: CEO Michael N. Intrator sold 307,692 shares for approximately $25.1 million, while insider Kristen J. McVeety sold 156,000 shares for about $12.7 million. All sales were made under pre-arranged Rule 10b5-1 plans, reducing their value as a direct signal of current management sentiment, but the sizable transactions may still weigh on investor confidence.
• Negative Sentiment: CoreWeave’s interest expense reached $640 million in the latest quarter—nearly four times operating income according to the analysis—highlighting risks from its highly leveraged expansion and potentially limiting future profitability. CoreWeave’s Interest Bill Is Nearly 4x Operating Income
• Negative Sentiment: Growing use of AI agents could make neocloud providers attractive cybersecurity targets, creating additional operational and reputational risks for CoreWeave. AI Agents Could Turn Neoclouds Into Cybersecurity Targets

Insider Buying and Selling

In other news, CEO Michael N. Intrator sold 200,000 shares of the firm's stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $81.66, for a total value of $16,332,000.00. Following the transaction, the chief executive officer owned 1,287,129 shares of the company's stock, valued at $105,106,954.14. This trade represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Nitin Agrawal sold 5,509 shares of CoreWeave stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $88.64, for a total value of $488,317.76. Following the transaction, the chief financial officer directly owned 132,596 shares in the company, valued at approximately $11,753,309.44. The trade was a 3.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 7,610,159 shares of company stock worth $705,653,344. Corporate insiders own 24.20% of the company's stock.

Institutional Trading of CoreWeave

A number of hedge funds and other institutional investors have recently modified their holdings of CRWV. Corient Private Wealth LP raised its position in shares of CoreWeave by 24.8% during the 2nd quarter. Corient Private Wealth LP now owns 13,252 shares of the company's stock valued at $1,319,000 after purchasing an additional 2,636 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in CoreWeave in the 2nd quarter worth $8,669,000. California State Teachers Retirement System increased its stake in CoreWeave by 12,886.8% in the 2nd quarter. California State Teachers Retirement System now owns 41,559,344 shares of the company's stock worth $4,136,817,000 after buying an additional 41,239,333 shares in the last quarter. Ameritas Advisory Services LLC raised its holdings in CoreWeave by 860.6% during the second quarter. Ameritas Advisory Services LLC now owns 33,082 shares of the company's stock valued at $3,293,000 after acquiring an additional 29,638 shares during the period. Finally, Operose Advisors LLC bought a new stake in CoreWeave during the second quarter valued at about $116,000.

CoreWeave Trading Up 4.5%

Shares of NASDAQ:CRWV opened at $84.56 on Friday. The stock has a market capitalization of $38.80 billion, a price-to-earnings ratio of -23.17 and a beta of 7.45. 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 stock's 50-day simple moving average is $85.47 and its two-hundred day simple moving average is $94.43. CoreWeave has a 52-week low of $60.55 and a 52-week high of $153.20.

CoreWeave (NASDAQ:CRWV - Get Free Report) last released its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating the consensus estimate 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 firm had revenue of $2.58 billion during the quarter. During the same period in the previous year, the company earned ($0.27) EPS. CoreWeave's revenue for the quarter was up 112.5% compared to the same quarter last year. Analysts expect that CoreWeave will post -5.19 EPS for the current 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.

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