CoreWeave’s (CRWV) Buy Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reiterated their buy rating on shares of CoreWeave (NASDAQ:CRWV) in a research note published on Friday morning,Benzinga reports. The brokerage currently has a $250.00 price objective on the stock.

Several other equities analysts have also recently issued reports on CRWV. Mizuho boosted their price objective on CoreWeave from $100.00 to $115.00 and gave the company a “neutral” rating in a report on Wednesday, August 12th. TD Cowen raised CoreWeave to a “buy” rating in a report on Wednesday, July 22nd. Wells Fargo & Company raised their target price on CoreWeave from $155.00 to $160.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Raymond James Financial cut CoreWeave from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Finally, Roth Capital set a $145.00 price target on CoreWeave in a report on Thursday, August 13th. Twenty-one equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $142.31.

CoreWeave Price Performance

NASDAQ:CRWV opened at $81.36 on Friday. 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’s fifty day moving average price is $85.08 and its 200-day moving average price is $94.06. CoreWeave has a 1-year low of $60.55 and a 1-year high of $153.20. The firm has a market capitalization of $37.33 billion, a P/E ratio of -22.29 and a beta of 7.45.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.52) by $0.38. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The company had revenue of $2.58 billion during the quarter. During the same quarter in the prior year, the firm earned ($0.27) earnings per share. The company’s revenue for the quarter was up 112.5% on a year-over-year basis. As a group, equities research analysts anticipate that CoreWeave will post -5.19 EPS for the current year.

Insider Transactions at CoreWeave

In related news, CEO Michael Intrator sold 278,560 shares of CoreWeave stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $97.43, for a total value of $27,140,100.80. Following the completion of the transaction, the chief executive officer owned 3,138,612 shares in the company, valued at $305,794,967.16. The trade was a 8.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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, major shareholder Magnetar Financial Llc sold 307,131 shares of CoreWeave stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $108.75, for a total value of $33,400,496.25. Following the completion of the transaction, the insider owned 220,810 shares of the company’s stock, valued at approximately $24,013,087.50. This represents a 58.18% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 6,764,950 shares of company stock valued at $602,166,101. Insiders own 24.20% of the company’s stock.

Institutional Trading of CoreWeave

Institutional investors have recently bought and sold shares of the business. Cullen Frost Bankers Inc. raised its stake in shares of CoreWeave by 45.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after buying an additional 121 shares during the period. Essential Partners LLC purchased a new position in shares of CoreWeave during the 2nd quarter valued at approximately $30,000. Peterson Wealth Services lifted its position in shares of CoreWeave by 153.1% during the 1st quarter. Peterson Wealth Services now owns 405 shares of the company’s stock valued at $31,000 after buying an additional 245 shares in the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in CoreWeave in the 1st quarter valued at $31,000. Finally, Burnham & Co LLC acquired a new stake in CoreWeave in the 2nd quarter valued at $32,000.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave priced an upsized $3.7 billion convertible senior-notes offering carrying a relatively low 2.875% coupon and maturing in 2033. The proceeds should help fund additional data-center and AI-compute expansion. CoreWeave Prices Upsized $3.7 Billion Convertible Senior Notes Offering
• Positive Sentiment: Demand indicators remain strong: CoreWeave reported a $104.2 billion backlog, more than $25 billion of new customer commitments early in the third quarter, and short-term contracts priced at approximately $40 million per megawatt in annualized revenue. These figures support substantial growth visibility. CoreWeave Continues to Contract New Compute Capacity at Higher Prices
• Positive Sentiment: The company became the first neocloud provider to deploy NVIDIA Vera Rubin NVL72 clusters, strengthening its positioning in next-generation AI infrastructure and agentic-AI workloads. Rosenblatt reaffirmed a Buy rating with a $250 price target. CoreWeave Boosts Agentic AI With Multi-Rack NVIDIA Vera Rubin Clusters
• Neutral Sentiment: ARK reportedly bought shares following the financing-related decline, potentially providing sentiment support, although the purchase does not change CoreWeave’s underlying financial risks. Cathie Wood’s ARK Buys CoreWeave Dip After Stock Drops on $3 Billion Debt Deal
• Negative Sentiment: The capital raise initially pressured the stock because the convertible notes add debt and may create future dilution; CoreWeave also authorized an at-the-market sale of up to 35 million shares. Heavy capital spending, high interest costs, negative earnings and a debt-to-equity ratio above 5 further concern investors. CoreWeave Launches $3 Billion Convertible Debt Sale
• Negative Sentiment: Bernstein identified CoreWeave as particularly exposed to a slowdown in AI-training demand, while analysts continue to flag customer concentration and the risk that the backlog will be difficult or expensive to convert into profitable growth. Bernstein Flags CoreWeave as Most Exposed to an AI Training Slowdown
• Negative Sentiment: CEO Michael Intrator disclosed sales of roughly $25.2 million of CRWV stock under a prearranged Rule 10b5-1 plan. While scheduled sales are not necessarily a bearish signal, the transactions may weigh on sentiment.

About CoreWeave

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning, high-performance computing and other data-intensive workloads. The company provides access to accelerated computing resources, particularly graphics processing units (GPUs), through a cloud platform designed for large-scale training, inference, rendering and scientific computing.

Its offerings include on-demand and reserved GPU instances, cloud storage, high-speed networking, Kubernetes-based container orchestration and managed services for deploying and scaling workloads.