CoreWeave's (CRWV) Buy Rating Reaffirmed at Rosenblatt Securities

Key Points

• Rosenblatt Securities reaffirmed its Buy rating on CoreWeave and maintained a $250 price target, implying substantial upside from the stock’s prior close. However, analyst sentiment is mixed, with CoreWeave holding an overall “Moderate Buy” consensus and an average target of $138.
• CoreWeave reported $2.58 billion in quarterly revenue, up 112.5% year over year, and a loss of $1.14 per share that was better than expected. Management also raised full-year 2026 revenue guidance to $12.4 billion-$13.2 billion, supported by strong AI demand and a contracted backlog of approximately $104 billion.
• Significant risks remain, including negative margins, heavy data-center spending and a debt-to-equity ratio of 3.68. Insiders sold nearly $890 million of shares over the past three months, although some sales were conducted under pre-arranged plans to cover tax obligations.

CoreWeave (NASDAQ:CRWV - Get Free Report)'s stock had its "buy" rating reaffirmed by Rosenblatt Securities in a research report issued on Wednesday,Benzinga reports. They currently have a $250.00 price target on the stock. Rosenblatt Securities' target price would suggest a potential upside of 176.79% from the company's previous close.

A number of other equities research analysts have also issued reports on CRWV. Jefferies Financial Group lowered CoreWeave from a "buy" rating to a "hold" rating in a research report on Wednesday, July 22nd. Evercore restated an "outperform" rating and set a $150.00 target price on shares of CoreWeave in a research note on Wednesday, April 15th. BNP Paribas Exane initiated coverage on shares of CoreWeave in a report on Tuesday, June 2nd. They issued an "outperform" rating and a $192.00 target price on the stock. Raymond James Financial downgraded shares of CoreWeave from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, July 22nd. Finally, Piper Sandler assumed coverage on shares of CoreWeave in a report on Monday, August 3rd. They set an "overweight" rating and a $151.00 price target for the company. Twenty-four investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, CoreWeave currently has an average rating of "Moderate Buy" and an average target price of $138.00.

CoreWeave Stock Up 2.4%

CoreWeave stock opened at $90.32 on Wednesday. CoreWeave has a twelve month low of $60.55 and a twelve month high of $153.20. The stock's fifty day simple moving average is $90.50 and its 200-day simple moving average is $94.73. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68. The firm has a market capitalization of $40.42 billion, a P/E ratio of -29.04 and a beta of 7.44.

CoreWeave (NASDAQ:CRWV - Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.52) by $0.38. The business had revenue of $2.58 billion for the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The firm's revenue was up 112.5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.27) earnings per share. As a group, equities analysts expect that CoreWeave will post -5.77 earnings per share for the current fiscal year.

Insider Activity at CoreWeave

In other CoreWeave news, CEO Michael N. Intrator sold 278,560 shares of the stock in a transaction that occurred 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 in the company, valued at $305,794,967.16. This represents a 8.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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. Also, insider Brian M. Venturo sold 375,000 shares of the business's stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $101.24, for a total transaction of $37,965,000.00. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 8,972,789 shares of company stock valued at $889,538,607 over the last three months. 24.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On CoreWeave

Large investors have recently bought and sold shares of the stock. Cornerstone Planning Group LLC lifted its holdings in shares of CoreWeave by 272.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company's stock valued at $25,000 after purchasing an additional 251 shares during the last quarter. Cullen Frost Bankers Inc. grew its stake in CoreWeave by 45.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company's stock worth $28,000 after buying an additional 121 shares during the last quarter. Greenline Wealth Management LLC purchased a new position in CoreWeave during the 4th quarter worth approximately $28,000. Essential Partners LLC acquired a new position in CoreWeave during the second quarter worth approximately $30,000. Finally, Peterson Wealth Services lifted its stake in CoreWeave by 153.1% in the first quarter. Peterson Wealth Services now owns 405 shares of the company's stock valued at $31,000 after buying an additional 245 shares during the last quarter.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Revenue more than doubled: Second-quarter revenue rose 112.5% year over year to $2.58 billion, narrowly exceeding analyst expectations. The reported loss of $1.14 per share was also better than the consensus loss estimate, easing concerns about the company’s ability to convert AI demand into revenue. CoreWeave stock pops as revenue doubles
• Positive Sentiment: AI demand and backlog remain exceptionally strong: Management pointed to accelerating demand for GPU capacity, including business with Anthropic and Meta. CoreWeave’s contracted backlog reached approximately $104 billion, supporting expectations for substantial future growth as new data-center capacity comes online. CoreWeave Reports New Revenue High
• Positive Sentiment: Near-term guidance topped estimates: CoreWeave forecast third-quarter revenue of $3.5 billion to $3.6 billion, above the roughly $3.4 billion analyst consensus. Full-year 2026 revenue guidance was raised to $12.4 billion-$13.2 billion, while stronger pricing for AI compute further improved the growth outlook.
• Positive Sentiment: Older GPUs may retain value: An extended contract for Nvidia A100 GPUs suggested that aging hardware can continue generating revenue for many years, potentially improving the economics of CoreWeave’s GPU fleet. CoreWeave Stock Surges After Earnings
• Neutral Sentiment: Analyst opinions remain mixed: JPMorgan raised its price target to $110 but kept a Neutral rating, while Jefferies maintained a Buy rating and a $150 target. The wide range of targets reflects both strong demand and uncertainty around execution and profitability.
• Negative Sentiment: Losses and leverage remain important risks: CoreWeave continues to report negative net margins and is spending heavily on data centers. Its high debt burden increases financing and execution risk if capacity expansion is delayed or AI spending weakens.
• Negative Sentiment: Insider sale adds a modest overhang: COO Sachin Jain sold $1.25 million of shares to cover tax withholding related to vested equity awards. Because the sale was tax-related and he retained a substantial position, the signal is less concerning than a discretionary exit. CoreWeave COO Insider Sale

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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