CoreWeave (NASDAQ:CRWV) Upgraded at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of CoreWeave (NASDAQ:CRWV) from a neutral rating to an overweight rating in a research note published on Thursday morning, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has $125.00 target price on the stock, up from their prior target price of $120.00.

Other research analysts have also recently issued research reports about the company. BTIG Research assumed coverage on CoreWeave in a research report on Wednesday, July 22nd. They set a “buy” rating on the stock. Wells Fargo & Company boosted their target price on shares of CoreWeave from $155.00 to $160.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. The Goldman Sachs Group boosted their target price on shares of CoreWeave from $121.00 to $139.00 and gave the company a “neutral” rating in a research report on Friday, August 21st. Truist Financial upped their price target on shares of CoreWeave from $155.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Finally, Mizuho raised their price target on shares of CoreWeave from $100.00 to $115.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 12th. Twenty-two analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, CoreWeave has a consensus rating of “Moderate Buy” and a consensus target price of $138.78.

CoreWeave Price Performance

CoreWeave stock opened at $87.59 on Thursday. The company has a market capitalization of $40.19 billion, a price-to-earnings ratio of -24.00 and a beta of 7.45. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53. CoreWeave has a 12 month low of $60.55 and a 12 month high of $153.20. The stock’s 50 day moving average is $86.09 and its 200-day moving average is $94.35.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, topping the consensus estimate of ($1.52) by $0.38. The business had revenue of $2.58 billion during the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The business’s revenue for the quarter was up 112.5% on a year-over-year basis. During the same period in the previous year, the business posted ($0.27) earnings per share. Equities research analysts expect that CoreWeave will post -5.19 EPS for the current year.

Insiders Place Their Bets

In other CoreWeave news, major shareholder Magnetar Financial Llc sold 307,131 shares of CoreWeave stock in a transaction on Friday, August 14th. The stock was 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 directly owned 220,810 shares of the company’s stock, valued at $24,013,087.50. The trade was a 58.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael N. Intrator sold 278,560 shares of the company’s stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $97.43, for a total value of $27,140,100.80. Following the sale, the chief executive officer owned 3,138,612 shares of the company’s stock, valued at approximately $305,794,967.16. The trade was a 8.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. In the last 90 days, insiders have sold 6,743,790 shares of company stock worth $593,063,387. Corporate insiders own 24.20% of the company’s stock.

Institutional Investors Weigh In On CoreWeave

A number of large investors have recently bought and sold shares of CRWV. Essential Partners LLC acquired a new position in shares of CoreWeave in the 2nd quarter valued at approximately $30,000. Peterson Wealth Services lifted its holdings in shares of CoreWeave by 153.1% during the 1st quarter. Peterson Wealth Services now owns 405 shares of the company’s stock worth $31,000 after acquiring an additional 245 shares during the period. Cassaday & Co Wealth Management LLC acquired a new stake in shares of CoreWeave during the 1st quarter worth approximately $31,000. Burnham & Co LLC acquired a new stake in shares of CoreWeave during the 2nd quarter worth approximately $32,000. Finally, Hazlett Burt & Watson Inc. boosted its position in shares of CoreWeave by 34.7% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock worth $33,000 after acquiring an additional 119 shares in the last quarter.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: JPMorgan upgraded CoreWeave to Overweight from Neutral and raised its price target to $125 from $120. The bank cited premium short-term compute pricing and favorable contracts, suggesting strong demand is improving CoreWeave’s pricing power. JPMorgan upgrades CoreWeave to Overweight on premium short-term compute pricing
• Positive Sentiment: UBS initiated coverage with a Buy rating and a $120 price target, adding another positive analyst view of CoreWeave’s AI-compute demand and growth prospects. CoreWeave trending after UBS Buy rating
• Positive Sentiment: CoreWeave signed a multi-year agreement with Harell Data to provide infrastructure for AI model training, fine-tuning and inference, potentially expanding its customer base and revenue opportunities. CoreWeave Harell Data partnership
• Positive Sentiment: CoreWeave received SemiAnalysis’ Platinum ClusterMAX rating for the third consecutive evaluation—the only provider to achieve the top rating in all three assessments. The recognition reinforces its reputation for AI-cloud performance, reliability and scalability. CoreWeave earns third consecutive Platinum ClusterMAX rating
• Neutral Sentiment: AI infrastructure stocks are trading unevenly as investors weigh rising compute prices and demand against high valuations, capital requirements and execution risk.
• Negative Sentiment: CoreWeave completed a large convertible-notes financing, reported at approximately $3.7 billion in principal and $4.2 billion in total deal value. The funds support data-center expansion but increase debt, interest costs and potential future share dilution. CoreWeave closes convertible notes deal
• Negative Sentiment: CEO Michael Intrator sold 307,692 shares and CFO Nitin Agrawal sold 55,764 shares at roughly $86.82–$86.83 under pre-arranged Rule 10b5-1 plans. While scheduled sales do not necessarily signal deteriorating fundamentals, the sizable insider transactions can weigh on investor sentiment. CoreWeave insider stock sales

CoreWeave Company Profile

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.