JPMorgan Chase & Co. Boosts CoreWeave (NASDAQ:CRWV) Price Target to $110.00

Key Points

• JPMorgan raised CoreWeave’s price target to $110 from $105 while maintaining a neutral rating, implying approximately 24.9% upside from the stock’s reported $88.10 price. The analyst consensus remains “Moderate Buy,” with an average target of $136.82.
• CoreWeave shares slipped 0.1% to $88.10, while the company continues to show significant financial risk, including a negative P/E ratio, a 3.68 debt-to-equity ratio, and a 0.31 current ratio.
• Investor sentiment is mixed: AI-cloud demand, nearly $100 billion in contracts, and new financing support the growth outlook, but heavy capital spending, leverage, expected quarterly losses, and substantial insider selling remain key concerns.

CoreWeave (NASDAQ:CRWV - Get Free Report) had its price objective boosted by research analysts at JPMorgan Chase & Co. from $105.00 to $110.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price objective points to a potential upside of 24.86% from the company's current price.

Other equities analysts have also issued reports about the company. Piper Sandler began coverage on CoreWeave in a research report on Monday, August 3rd. They set an "overweight" rating and a $151.00 target price on the stock. Raymond James Financial lowered shares of CoreWeave from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, July 22nd. DA Davidson reiterated a "neutral" rating and set a $100.00 price objective (down from $175.00) on shares of CoreWeave in a report on Monday, May 18th. BNP Paribas Exane started coverage on CoreWeave in a research note on Tuesday, June 2nd. They set an "outperform" rating and a $192.00 price target for the company. Finally, Evercore reissued an "outperform" rating and set a $150.00 price objective on shares of CoreWeave in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, CoreWeave has a consensus rating of "Moderate Buy" and an average target price of $136.82.

CoreWeave Stock Down 0.1%

Shares of CRWV traded down $0.09 during trading hours on Tuesday, hitting $88.10. The stock had a trading volume of 18,498,115 shares, compared to its average volume of 28,133,934. The firm has a 50 day simple moving average of $91.08 and a 200-day simple moving average of $94.76. The firm has a market capitalization of $39.43 billion, a P/E ratio of -28.24 and a beta of 7.45. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31. CoreWeave has a 1-year low of $60.55 and a 1-year high of $153.20.

Insiders Place Their Bets

In other CoreWeave news, EVP Chen Goldberg sold 19,208 shares of CoreWeave stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $92.29, for a total value of $1,772,706.32. Following the sale, the executive vice president owned 71,266 shares of the company's stock, valued at approximately $6,577,139.14. The trade was a 21.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 Brannin Mcbee sold 10,536 shares of the business's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $83.63, for a total transaction of $881,125.68. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 9,036,105 shares of company stock valued at $896,789,395. 24.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CRWV. Vise Technologies Inc. increased its holdings in CoreWeave by 36.6% in the 2nd quarter. Vise Technologies Inc. now owns 6,161 shares of the company's stock worth $613,000 after acquiring an additional 1,652 shares during the last quarter. E Fund Management Co. Ltd. bought a new position in CoreWeave during the second quarter worth about $1,561,000. NWK Group Inc. purchased a new stake in shares of CoreWeave during the 2nd quarter valued at approximately $208,000. Edmond DE Rothschild Holding S.A. boosted its holdings in CoreWeave by 86.0% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 3,840 shares of the company's stock worth $382,000 after buying an additional 1,775 shares during the period. Finally, Csenge Advisory Group grew its stake in CoreWeave by 41.1% in the 2nd quarter. Csenge Advisory Group now owns 4,186 shares of the company's stock valued at $417,000 after buying an additional 1,220 shares in the last quarter.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave is expected to report record second-quarter revenue and triple-digit growth, supported by nearly $100 billion in contracts and sustained demand for AI computing capacity. Jefferies reiterated its Buy rating and $150 price target, suggesting substantial upside if execution remains strong. CoreWeave earnings: Jefferies eying founder selling, not profit, as the next catalyst
• Positive Sentiment: A new $2.6 billion financing arrangement should provide additional capital for data-center and AI-cloud expansion, helping CoreWeave address its large backlog. The company also secured priority access to Solidigm solid-state drives, which could reduce storage bottlenecks as its infrastructure grows. CRWV's Solidigm Deal: Can Priority SSD Access Give an Edge in AI Cloud?
• Positive Sentiment: Television commentator Jim Cramer recently favored CoreWeave over IREN, citing CoreWeave’s valuation and business prospects. While not a fundamental catalyst, the endorsement may support retail-investor sentiment. Jim Cramer Picks CoreWeave (CRWV) as the Better Buy Over IREN
• Neutral Sentiment: Investors are focused on whether CoreWeave can convert its contract backlog into revenue and cash flow. The earnings call is likely to emphasize deployment timing, customer commitments, financing, and capital spending rather than near-term earnings alone. CoreWeave Has $99 Billion in Contracts. Tuesday Is About Whether It Can Afford to Deliver Them.
• Negative Sentiment: Analysts expect another quarterly loss, with a major profitability improvement still months away. CoreWeave’s heavy data-center spending, high leverage, and weak liquidity metrics increase the risk that growth will require additional financing or dilution. CoreWeave Likely To Report Q2 Loss
• Negative Sentiment: Potential founder share selling is another near-term overhang, particularly after the stock’s recent rebound. Investors may also react negatively if revenue growth fails to keep pace with newly installed capacity. CoreWeave Must Prove Whether the Revenue Ramp Can Catch Up

About CoreWeave

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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