CoreWeave Inc. (NASDAQ:CRWV) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of CoreWeave Inc. (NASDAQ:CRWV) have received an average rating of “Moderate Buy” from the thirty-five research firms that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $135.00.

A number of brokerages have issued reports on CRWV. Roth Mkm restated a “buy” rating and issued a $150.00 price objective on shares of CoreWeave in a research note on Friday, May 8th. Barclays increased their price target on CoreWeave from $106.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Oppenheimer increased their price target on CoreWeave from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Evercore reiterated an “outperform” rating and set a $150.00 price target on shares of CoreWeave in a research note on Wednesday, April 15th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $167.00 price target on shares of CoreWeave in a research note on Thursday, June 11th.

Insider Transactions at CoreWeave

In other news, insider Brian M. Venturo sold 1,125,000 shares of the stock in a transaction on Monday, April 6th. The stock was sold at an average price of $80.86, for a total transaction of $90,967,500.00. Following the completion of the transaction, the insider owned 285,327 shares in the company, valued at approximately $23,071,541.22. This represents a 79.77% decrease in their position. The transaction was disclosed in a legal 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 stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $118.30, for a total value of $166,172,106.10. Following the transaction, the insider owned 282,570 shares of the company’s stock, valued at $33,428,031. The trade was a 83.25% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 28,457,234 shares of company stock worth $3,225,112,891.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. KERR FINANCIAL PLANNING Corp bought a new position in CoreWeave in the 3rd quarter worth about $27,000. Rothschild Investment LLC boosted its stake in CoreWeave by 10,700.0% in the 3rd quarter. Rothschild Investment LLC now owns 216 shares of the company’s stock worth $30,000 after purchasing an additional 214 shares during the period. Pin Oak Investment Advisors Inc. bought a new position in CoreWeave in the 3rd quarter worth about $34,000. Cornerstone Planning Group LLC boosted its stake in CoreWeave by 272.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock worth $25,000 after purchasing an additional 251 shares during the period. Finally, Cullen Frost Bankers Inc. boosted its stake in CoreWeave by 45.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after purchasing an additional 121 shares during the period.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Rosenblatt Securities initiated coverage with a Buy rating and a $250 price target, reinforcing the bullish view that CoreWeave could benefit from rising demand for AI infrastructure. Read More
• Positive Sentiment: BNP Paribas and other reports highlighted CoreWeave as a key beneficiary of the next AI chip cycle, while Cantor Fitzgerald reiterated an Overweight rating and a $167 target. Article Title
• Positive Sentiment: CoreWeave announced a partnership with Conapto to expand AI cloud capacity in Sweden, which supports the company’s growth narrative and international expansion. Article Title
• Neutral Sentiment: Several articles argue CoreWeave is one of the stocks that could double over the next two years, reflecting strong long-term enthusiasm but no new hard financial data. Article Title
• Negative Sentiment: CEO Michael Intrator sold shares under a pre-arranged trading plan, and insider Brannin McBee also sold stock. Even though the sales were planned, insider selling can still weigh on sentiment. SEC Filing

CoreWeave Stock Down 2.2%

Shares of NASDAQ:CRWV opened at $96.58 on Friday. The company has a market capitalization of $43.23 billion, a PE ratio of -31.05 and a beta of 7.14. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31. The business has a fifty day moving average price of $110.42 and a two-hundred day moving average price of $94.62. CoreWeave has a 1 year low of $63.80 and a 1 year high of $173.35.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). The business had revenue of $2.08 billion during the quarter. CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. CoreWeave’s revenue for the quarter was up 111.6% on a year-over-year basis. During the same period in the previous year, the business earned ($0.60) EPS. Analysts forecast that CoreWeave will post -4.57 earnings per share for the current year.

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.