CoreWeave Inc. (NASDAQ:CRWV) Given Consensus Rating of "Hold" by Analysts

Key Points

• CoreWeave Inc. has received an average recommendation of "Hold" from analysts, with 15 hold, 2 sell, and 7 buy ratings.
• Recently, major shareholder Magnetar Financial sold over 915,000 shares of the company's stock, which significantly reduced their ownership.
• The company's stock price saw a decline, trading at $92.38 after a drop of $1.61 and continuing to show volatility with a 52-week range from a low of $33.51 to a high of $187.00.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) has earned a consensus recommendation of "Hold" from the twenty-seven ratings firms that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $107.4545.

Several brokerages have commented on CRWV. Cantor Fitzgerald began coverage on shares of CoreWeave in a report on Tuesday. They issued an "overweight" rating and a $116.00 target price for the company. JPMorgan Chase & Co. raised their target price on shares of CoreWeave from $43.00 to $66.00 and gave the stock an "overweight" rating in a report on Friday, May 16th. Northland Securities raised their target price on shares of CoreWeave from $85.00 to $165.00 and gave the stock an "outperform" rating in a report on Friday, July 18th. Needham & Company LLC restated a "hold" rating on shares of CoreWeave in a report on Wednesday, August 13th. Finally, Morgan Stanley raised their price target on shares of CoreWeave from $58.00 to $91.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st.

CoreWeave Stock Performance

Shares of CRWV traded up $5.86 during midday trading on Monday, hitting $102.79. The stock had a trading volume of 45,198,289 shares, compared to its average volume of 25,735,996. CoreWeave has a fifty-two week low of $33.51 and a fifty-two week high of $187.00. The stock's 50-day moving average price is $127.97. The company has a debt-to-equity ratio of 2.79, a current ratio of 0.52 and a quick ratio of 0.52.

CoreWeave (NASDAQ:CRWV - Get Free Report) last announced its earnings results on Tuesday, August 12th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.07). The business had revenue of $1.21 million for the quarter. The firm's revenue for the quarter was up 206.7% on a year-over-year basis. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Insider Buying and Selling at CoreWeave

In related news, CFO Nitin Agrawal sold 3,512 shares of the firm's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $92.06, for a total transaction of $323,314.72. Following the completion of the sale, the chief financial officer directly owned 124,900 shares in the company, valued at approximately $11,498,294. This trade represents a 2.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Kristen J. Mcveety sold 2,292 shares of the firm's stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $89.97, for a total transaction of $206,211.24. Following the sale, the insider owned 4,183 shares of the company's stock, valued at approximately $376,344.51. This represents a 35.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,967,628 shares of company stock valued at $384,258,221 in the last 90 days.

Institutional Trading of CoreWeave

Several institutional investors have recently made changes to their positions in the stock. Squarepoint Ops LLC acquired a new stake in shares of CoreWeave during the second quarter worth approximately $629,000. Munro Partners bought a new position in CoreWeave during the second quarter valued at approximately $1,871,000. B. Riley Wealth Advisors Inc. bought a new position in CoreWeave during the second quarter valued at approximately $467,000. Newbridge Financial Services Group Inc. bought a new position in CoreWeave during the second quarter valued at approximately $1,019,000. Finally, Marex Group plc bought a new position in CoreWeave during the second quarter valued at approximately $949,000.

About CoreWeave

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.