CoreWeave Inc. (NASDAQ:CRWV) Receives Average Rating of "Moderate Buy" from Analysts

Shares of CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the thirty-eight research firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, twenty-three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $136.6667.

CRWV has been the topic of several research reports. Citigroup decreased their target price on CoreWeave from $158.00 to $142.00 and set a "buy" rating on the stock in a research report on Wednesday. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $150.00 price target on shares of CoreWeave in a research note on Friday. Rosenblatt Securities reiterated a "buy" rating and set a $250.00 price objective on shares of CoreWeave in a research report on Wednesday, August 5th. Evercore reissued an "outperform" rating and set a $150.00 target price on shares of CoreWeave in a report on Wednesday, April 15th. Finally, BNP Paribas Exane assumed coverage on shares of CoreWeave in a research report on Tuesday, June 2nd. They issued an "outperform" rating and a $192.00 target price for the company.

CoreWeave Stock Performance

Shares of CRWV stock opened at $90.67 on Monday. The company has a market capitalization of $40.58 billion, a price-to-earnings ratio of -29.15 and a beta of 7.45. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31. The company has a 50-day simple moving average of $91.81 and a 200 day simple moving average of $94.81. CoreWeave has a 52 week low of $60.55 and a 52 week high of $153.20.

CoreWeave (NASDAQ:CRWV - Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.17) by ($0.23). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company had revenue of $2.08 billion for the quarter. During the same period in the previous year, the business earned ($0.60) EPS. The firm's revenue was up 111.6% on a year-over-year basis. On average, sell-side analysts predict that CoreWeave will post -5.7 earnings per share for the current year.

Insider Buying and Selling at CoreWeave

In other CoreWeave news, insider Jeff Baker sold 6,455 shares of the business's stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $66.51, for a total value of $429,322.05. Following the completion of the sale, the insider owned 7,167 shares of the company's stock, valued at $476,677.17. The trade was a 47.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Chen Goldberg sold 19,208 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $92.29, for a total transaction of $1,772,706.32. Following the transaction, the executive vice president owned 71,266 shares in the company, valued at approximately $6,577,139.14. The trade was a 21.23% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 9,343,798 shares of company stock worth $929,303,314 over the last quarter. Company insiders own 24.20% of the company's stock.

Institutional Investors Weigh In On CoreWeave

Institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp bought a new position in CoreWeave during the 2nd quarter worth $127,936,000. Haven Capital Group Inc. acquired a new position in CoreWeave in the 2nd quarter valued at $242,000. Dagco Inc. bought a new stake in shares of CoreWeave during the 2nd quarter valued at $258,000. Fiduciary Financial Group LLC bought a new stake in shares of CoreWeave during the 2nd quarter valued at $7,298,000. Finally, E. Ohman J or Asset Management AB grew its holdings in shares of CoreWeave by 48.5% during the 2nd quarter. E. Ohman J or Asset Management AB now owns 7,040 shares of the company's stock worth $701,000 after purchasing an additional 2,300 shares in the last quarter.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Rosenblatt Securities reaffirmed a Buy rating and maintained a $250 price target, reinforcing the bullish case for CoreWeave’s AI-cloud growth prospects. Rosenblatt Securities Reaffirms Buy Rating for CoreWeave
• Positive Sentiment: IMC selected CoreWeave for its research investment, providing another indication that the company’s GPU-accelerated cloud infrastructure is attracting institutional and enterprise users. IMC Selects CoreWeave
• Positive Sentiment: Recent bullish coverage highlights strong demand for scarce GPU capacity and argues that CoreWeave’s pullback has improved its valuation and potential risk-reward profile. CoreWeave at $92: The Compelling Bull Case
• Neutral Sentiment: Traders are positioning for a sizable move around CoreWeave’s quarterly earnings release after the closing bell Tuesday, August 11. The report and management’s outlook for demand, capital spending and profitability could determine the next major move. Traders Expect a Move After CoreWeave Earnings
• Neutral Sentiment: Commentary comparing CRWV with IREN and discussing CoreWeave as a neocloud investment may increase investor attention, but does not provide a new company-specific fundamental catalyst. CRWV Versus IREN Neocloud Comparison
• Negative Sentiment: CEO Michael Intrator sold 307,692 shares worth roughly $28.2 million, while EVP Chen Goldberg sold 25,605 shares worth approximately $2.35 million. The transactions were made under pre-arranged Rule 10b5-1 plans; Goldberg’s sales were specifically to cover tax withholding, which reduces their signaling value but can still pressure sentiment. CoreWeave Insider Selling
• Negative Sentiment: Investors remain concerned about CoreWeave’s substantial leverage, negative earnings and capital-intensive data-center expansion. Its previous quarterly loss exceeded expectations, despite revenue growth of 111.6% year over year, making the upcoming results especially important. Should You Buy CoreWeave Before or After Earnings?

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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