Shares of CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) were up 6.3% on Tuesday after Sanford C. Bernstein raised their price target on the stock from $56.00 to $67.00. Sanford C. Bernstein currently has an underperform rating on the stock. CoreWeave traded as high as $119.06 and last traded at $117.20. Approximately 45,193,391 shares changed hands during mid-day trading, an increase of 63% from the average daily volume of 27,678,404 shares. The stock had previously closed at $110.27.
Several other research analysts have also recently weighed in on the stock. The Goldman Sachs Group started coverage on shares of CoreWeave in a research report on Monday, January 12th. They issued a “neutral” rating and a $86.00 price objective on the stock. Barclays decreased their price objective on shares of CoreWeave from $120.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Monday, January 12th. UBS Group restated a “neutral” rating on shares of CoreWeave in a research report on Friday, January 16th. DA Davidson upped their price objective on shares of CoreWeave from $125.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Citigroup decreased their price objective on shares of CoreWeave from $135.00 to $126.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. Nineteen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, CoreWeave presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.94.
Read Our Latest Stock Report on CRWV
Insider Activity
More CoreWeave News
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: Landmark expansion with Meta — CoreWeave announced an expanded multi?year agreement with Meta valued at roughly $21 billion (on top of a prior large deal), which materially strengthens its long?term revenue backlog and underpins capacity planning and valuation re?rating. Here’s What CoreWeave’s (CRWV) Partnership With Meta Platforms Means For Investors
- Positive Sentiment: New/expanded Anthropic partnership — A fresh agreement to power Anthropic’s Claude models gives CoreWeave another marquee AI customer, validating product fit for high?intensity GPU workloads and driving revenue visibility. CoreWeave (CRWV) Stock Soars Over 10% Following Anthropic Partnership and Meta Expansion
- Positive Sentiment: Wall Street and institutional momentum — Multiple analyst upgrades, higher price targets (example: DA Davidson raise) and heavy trading/option activity point to institutional accumulation and renewed buy-side conviction. That buying pressure is amplifying the stock move. Why Wall Street Is Betting Billions on This Under-the-Radar AI Stock
- Neutral Sentiment: Financing to fund rapid buildout — CoreWeave has raised significant capital (senior notes / debt issuances) to scale data centers and meet contract obligations; this supports growth but increases leverage and interest burden. Why Wall Street Is Betting Billions on This Under-the-Radar AI Stock
- Negative Sentiment: Insider selling — Recent filings show executives sold shares (multi?million dollar transactions), which investors often watch as a cautionary signal even if company says sales are routine. Insider Selling: CoreWeave (NASDAQ:CRWV) CEO Sells $5,567,238.78 in Stock
- Negative Sentiment: Profitability and balance?sheet risks — CoreWeave remains unprofitable (recent EPS miss), with thin liquidity ratios and elevated leverage; those fundamentals raise execution and financing risk as the company scales. CoreWeave: The Best Way To Play The Data Center Boom
Institutional Trading of CoreWeave
Institutional investors have recently made changes to their positions in the stock. Renaissance Capital LLC lifted its stake in CoreWeave by 49.9% in the third quarter. Renaissance Capital LLC now owns 47,162 shares of the company’s stock worth $6,454,000 after acquiring an additional 15,697 shares during the period. Munro Partners lifted its stake in CoreWeave by 5,272.4% in the third quarter. Munro Partners now owns 616,485 shares of the company’s stock worth $84,366,000 after acquiring an additional 605,010 shares during the period. AE Wealth Management LLC purchased a new stake in CoreWeave in the third quarter worth $4,241,000. HWG Holdings LP purchased a new stake in CoreWeave in the third quarter worth $1,863,000. Finally, Liontrust Investment Partners LLP purchased a new stake in CoreWeave in the second quarter worth $5,692,000.
CoreWeave Price Performance
The business has a 50 day moving average of $85.82 and a 200 day moving average of $94.27. The company has a market cap of $49.11 billion and a PE ratio of -36.62. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.46 and a quick ratio of 0.46.
CoreWeave (NASDAQ:CRWV – Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The business had revenue of $1.57 billion during the quarter. The firm’s revenue for the quarter was up 110.4% on a year-over-year basis.
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.
Further Reading
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