JPMorgan Chase & Co. Boosts CoreWeave (NASDAQ:CRWV) Price Target to $105.00

Key Points

• JPMorgan Chase raised its price target on CoreWeave from $90 to $105 while maintaining a "neutral" rating, implying about a 7.5% downside from the prior close, even though the Street consensus is a "Moderate Buy" with an average target of $131.09 (20 Buys, 11 Holds, 2 Sells).
• CoreWeave's Q1 revenue (~$2.08B) topped estimates and the company secured a $3.1B GPU‑backed loan and record bookings, but reported a wider loss, margin pressure and softer guidance with higher capex, prompting a sharp ~$15 drop on heavy volume.
• Market dynamics were complicated by significant insider selling (over 21 million shares sold in the last 90 days) alongside large institutional position changes, which likely increased share supply and amplified downward pressure.

CoreWeave (NASDAQ:CRWV - Get Free Report) had its price objective increased by research analysts at JPMorgan Chase & Co. from $90.00 to $105.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price objective would suggest a potential downside of 7.48% from the company's previous close.

A number of other brokerages also recently commented on CRWV. Wolfe Research assumed coverage on CoreWeave in a report on Thursday, April 16th. They set an "outperform" rating and a $150.00 target price for the company. The Goldman Sachs Group assumed coverage on shares of CoreWeave in a research report on Monday, January 12th. They set a "neutral" rating and a $86.00 price objective on the stock. Sanford C. Bernstein lifted their target price on shares of CoreWeave from $56.00 to $67.00 and gave the company an "underperform" rating in a research note on Tuesday, April 14th. DA Davidson raised their price objective on shares of CoreWeave from $125.00 to $175.00 and gave the stock a "buy" rating in a report on Monday, April 13th. Finally, Weiss Ratings reiterated a "sell (e+)" rating on shares of CoreWeave in a report on Monday. Twenty research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $131.09.

CoreWeave Price Performance

Shares of NASDAQ:CRWV traded down $15.35 during trading on Friday, reaching $113.49. The company had a trading volume of 38,318,046 shares, compared to its average volume of 28,043,445. CoreWeave has a 12 month low of $50.18 and a 12 month high of $187.00. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 4.46. The stock has a market capitalization of $50.27 billion, a P/E ratio of -35.55 and a beta of 7.84. The company has a fifty day moving average of $94.19 and a two-hundred day moving average of $92.34.

CoreWeave (NASDAQ:CRWV - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing analysts' consensus estimates of ($0.61) by ($0.28). The firm had revenue of $1.57 billion for the quarter. CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The company's quarterly revenue was up 110.4% on a year-over-year basis. Equities research analysts forecast that CoreWeave will post -4.15 earnings per share for the current year.

Insider Activity at CoreWeave

In other CoreWeave news, insider Brian M. Venturo sold 1,125,000 shares of the business's stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $80.86, for a total value of $90,967,500.00. Following the completion of the transaction, the insider owned 285,327 shares of the company's stock, valued at approximately $23,071,541.22. The trade was a 79.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Magnetar Financial Llc sold 1,404,667 shares of the firm's stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $118.30, for a total transaction of $166,172,106.10. Following the sale, the insider directly owned 282,570 shares in the company, valued at approximately $33,428,031. The trade was a 83.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 21,476,537 shares of company stock worth $2,337,940,601 over the last ninety days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company's stock valued at $1,999,421,000 after acquiring an additional 20,487,478 shares during the last quarter. Proficio Capital Partners LLC increased its position in shares of CoreWeave by 446,194.0% during the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company's stock worth $2,443,013,000 after acquiring an additional 17,847,760 shares during the period. Deutsche Bank AG lifted its position in shares of CoreWeave by 22,624.0% during the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company's stock worth $273,039,000 after buying an additional 3,796,077 shares during the last quarter. Altimeter Capital Management LP purchased a new position in shares of CoreWeave during the fourth quarter worth about $230,099,000. Finally, Alyeska Investment Group L.P. raised its stake in shares of CoreWeave by 300.0% during the 4th quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company's stock worth $286,440,000 after buying an additional 3,000,000 shares during the last quarter.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Record demand and financing support long‑term growth — CoreWeave posted very large bookings/backlog and secured a $3.1B GPU‑backed loan that underpins capacity expansion and revenue visibility. Read More.
• Positive Sentiment: Product momentum — rollout of SUNK Anywhere/SUNK self‑service aims to simplify large‑scale AI training across multi‑cloud and on‑prem, which could boost customer retention and monetization over time. Read More.
• Neutral Sentiment: Top‑line beat but mixed signal — Q1 revenue (~$2.08B) topped estimates, confirming demand, yet the stock reaction now hinges on whether margins and guidance improve in coming quarters. Read More.
• Negative Sentiment: Wider loss and margin pressure — CoreWeave reported a materially larger Q1 loss as operating expenses rose, increasing near‑term profitability concerns. Read More.
• Negative Sentiment: Softer forward guidance and higher capex — Q2 revenue guide came in below consensus and FY revenue guidance was cautious vs. some street estimates; management also lifted the floor of FY26 capex, signaling heavier near‑term cash needs. Read More.
• Negative Sentiment: Heavy insider and institutional selling — large, disclosed sales by Magnetar and multiple insiders (including CEO/EVP filings) increased share supply into the earnings window and likely amplified downward pressure. Read More. Read More.
• Negative Sentiment: Analyst debate and downgrades — some outlets and analysts flagged that rapid growth can produce short‑term revenue volatility; a few sell/neutral notes and critical commentaries reduced investor appetite after the print. Read More.

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.