CoreWeave (NASDAQ:CRWV) Shares Climb 1% - Should You Buy?

Key Points

• Analyst sentiment is broadly positive: CoreWeave has a “Moderate Buy” consensus rating from 34 analysts, with an average price target of $138.78 versus its recent price near $85.93.
• AI infrastructure demand is driving the bull case: Analysts point to a $104.2 billion backlog, strong hyperscaler demand, projected 2026 revenue of $12.4 billion–$13.2 billion, and potential EBITDA margins near 59%.
• Significant risks remain: CoreWeave reported a quarterly loss, has a high debt-to-equity ratio of 5.53, negative net margins, and insiders sold nearly 6 million shares worth about $520 million over the past 90 days.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) shares were up 1% during trading on Tuesday. The company traded as high as $90.47 and last traded at $85.93. 25,788,219 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 28,544,590 shares. The stock had previously closed at $85.07.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Analyst support strengthened: JPMorgan upgraded CoreWeave, arguing that the recent pullback was excessive, while UBS began coverage with a Buy rating. Other Wall Street firms collectively rate the stock a “Moderate Buy.” CoreWeave Comes With Risks: Analysts Split on What Matters Most
• Positive Sentiment: Oracle-related project news may improve demand expectations: Oracle’s force majeure notice involving a data-center project was interpreted as potentially highlighting continuing capacity constraints and strong demand for AI computing, supporting the case for CoreWeave’s contracted infrastructure model. CoreWeave Comes With Risks: Analysts Split on What Matters Most
• Positive Sentiment: Growth and backlog remain major attractions: A bullish analysis cited a $104.2 billion backlog, hyperscaler demand exceeding supply, projected revenue of $12.4 billion to $13.2 billion for 2026, and an expected year-end adjusted EBITDA margin near 59%. Pre-sold capacity and contracted revenue could help support debt repayment. CoreWeave: Selling Compute Remains Highly Profitable Despite Heavy CapEx And Debt

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CRWV shares. Cantor Fitzgerald restated an "overweight" rating on shares of CoreWeave in a research report on Monday. The Goldman Sachs Group increased their target price on CoreWeave from $121.00 to $139.00 and gave the company a "neutral" rating in a research report on Friday, August 21st. Wells Fargo & Company lifted their price target on CoreWeave from $155.00 to $160.00 and gave the company an "overweight" rating in a research note on Wednesday, August 12th. Robert W. Baird raised their price objective on shares of CoreWeave from $100.00 to $130.00 and gave the company an "outperform" rating in a report on Wednesday, August 12th. Finally, Roth Capital set a $145.00 target price on shares of CoreWeave in a research report on Thursday, August 13th. Twenty-two analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, CoreWeave presently has an average rating of "Moderate Buy" and a consensus target price of $138.78.

CoreWeave Stock Up 1.0%

The stock has a 50-day moving average price of $86.33 and a 200-day moving average price of $94.57. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46. The company has a market capitalization of $39.43 billion, a P/E ratio of -23.54 and a beta of 7.45.

CoreWeave (NASDAQ:CRWV - Get Free Report) last announced its earnings results on Tuesday, August 11th. The company reported ($1.14) 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 47.95% and a negative net margin of 25.41%.The business's revenue was up 112.5% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.27) earnings per share. On average, research analysts predict that CoreWeave Inc. will post -5.19 EPS for the current fiscal year.

Insider Activity

In other news, insider Kristen J. Mcveety sold 97,500 shares of the stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $93.94, for a total transaction of $9,159,150.00. Following the completion of the sale, the insider directly owned 123,313 shares in the company, valued at $11,584,023.22. This represents a 44.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chen Goldberg sold 22,424 shares of CoreWeave stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $95.91, for a total transaction of $2,150,685.84. Following the transaction, the executive vice president directly owned 50,550 shares of the company's stock, valued at $4,848,250.50. This represents a 30.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 5,985,319 shares of company stock valued at $520,081,411. Company insiders own 24.20% of the company's stock.

Institutional Investors Weigh In On CoreWeave

Institutional investors and hedge funds have recently made changes to their positions in the business. Alyeska Investment Group L.P. boosted its holdings in shares of CoreWeave by 55.7% during the 2nd quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company's stock worth $1,084,117,000 after buying an additional 3,897,741 shares in the last quarter. State Street Corp grew its position in shares of CoreWeave by 139.7% during the 2nd quarter. State Street Corp now owns 7,058,846 shares of the company's stock worth $702,638,000 after buying an additional 4,113,873 shares during the period. Bank of America Corp DE increased its stake in shares of CoreWeave by 13.1% in the 1st quarter. Bank of America Corp DE now owns 5,652,129 shares of the company's stock valued at $437,870,000 after acquiring an additional 653,398 shares in the last quarter. Clear Street Group Inc. lifted its position in shares of CoreWeave by 57.2% during the 4th quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company's stock valued at $333,260,000 after acquiring an additional 1,692,916 shares during the period. Finally, Deutsche Bank AG boosted its stake in CoreWeave by 22,624.0% during the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company's stock worth $273,039,000 after acquiring an additional 3,796,077 shares in the last quarter.

CoreWeave Company Profile

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning and other data-intensive workloads. The company offers access to accelerated computing resources, including graphics processing units (GPUs), alongside central processing units, high-performance storage, networking and data center capacity.

Its platform supports AI model training, fine-tuning and inference, as well as visual effects, rendering, scientific computing and other demanding applications.

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