CoreWeave's (CRWV) "Sell (D+)" Rating Reaffirmed at Weiss Ratings

Key Points

• CoreWeave's stock (NASDAQ: CRWV) has a "sell (D+)" rating reaffirmed by Weiss Ratings, despite varying ratings from other analysts, including a recent upgrade to "buy" by Arete.
• CoreWeave reported a significant earnings miss with an earnings per share (EPS) of ($0.27) against a consensus estimate of ($0.20), even as revenue increased by 206.7% year-over-year.
• Insider trading activity includes major shareholder Magnetar Financial selling 208,207 shares and CEO Michael N. Intrator selling 15,174 shares, raising concerns among investors about potential trends in stock performance.

CoreWeave (NASDAQ:CRWV - Get Free Report)'s stock had its "sell (d+)" rating reiterated by analysts at Weiss Ratings in a research report issued on Tuesday,Weiss Ratings reports.

CRWV has been the topic of several other research reports. Arete raised shares of CoreWeave from a "neutral" rating to a "buy" rating and set a $180.00 target price on the stock in a report on Thursday, August 21st. Needham & Company LLC reaffirmed a "hold" rating on shares of CoreWeave in a report on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of CoreWeave in a report on Wednesday, August 13th. Arete Research raised shares of CoreWeave from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 21st. Finally, Moffett Nathanson increased their price target on shares of CoreWeave from $56.00 to $65.00 and gave the company a "neutral" rating in a research report on Tuesday, August 19th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $127.64.

CoreWeave Price Performance

Shares of CRWV stock traded down $2.24 during trading on Tuesday, reaching $139.38. 17,756,859 shares of the company's stock traded hands, compared to its average volume of 23,048,875. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.52 and a current ratio of 0.52. The firm's 50-day moving average is $115.50 and its 200 day moving average is $106.51. CoreWeave has a 1 year low of $33.51 and a 1 year high of $187.00.

CoreWeave (NASDAQ:CRWV - Get Free Report) last posted its earnings results on Tuesday, August 12th. The company reported ($0.27) earnings per share (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 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 Activity

In other news, major shareholder Magnetar Financial Llc sold 208,207 shares of the firm's stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $148.80, for a total value of $30,981,201.60. Following the completion of the sale, the insider directly owned 950,211 shares of the company's stock, valued at approximately $141,391,396.80. This trade represents a 17.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Michael N. Intrator sold 15,174 shares of the firm's stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $139.66, for a total transaction of $2,119,200.84. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 28,196,465 shares of company stock valued at $3,406,143,531.

Institutional Investors Weigh In On CoreWeave

Several institutional investors and hedge funds have recently modified their holdings of CRWV. Nvidia Corp lifted its position in CoreWeave by 0.4% during the 2nd quarter. Nvidia Corp now owns 24,277,573 shares of the company's stock valued at $3,958,701,000 after acquiring an additional 95,113 shares during the period. Cisco Systems Inc. purchased a new position in CoreWeave during the 2nd quarter valued at about $173,493,000. Voya Investment Management LLC purchased a new position in CoreWeave during the 3rd quarter valued at about $110,562,000. Geode Capital Management LLC lifted its position in CoreWeave by 142.6% during the 2nd quarter. Geode Capital Management LLC now owns 716,178 shares of the company's stock valued at $116,809,000 after acquiring an additional 420,915 shares during the period. Finally, Lmdagg L.L.C. purchased a new position in CoreWeave during the 2nd quarter valued at about $48,030,000.

CoreWeave Company Profile

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.

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