CoreWeave Inc. (NASDAQ:CRWV) Stock Has Average Price Target of $138.78

Shares of CoreWeave Inc. (NASDAQ:CRWV) have been assigned a consensus recommendation of “Moderate Buy” from the thirty-five ratings firms that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and twenty-three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $138.78.

A number of brokerages have commented on CRWV. Wolfe Research restated an “outperform” rating on shares of CoreWeave in a research report on Monday, July 6th. Robert W. Baird raised their price target on shares of CoreWeave from $100.00 to $130.00 and gave the stock an “outperform” rating in a report on Wednesday, August 12th. BTIG Research started coverage on shares of CoreWeave in a research report on Wednesday, July 22nd. They set a “buy” rating on the stock. Sanford C. Bernstein upped their price objective on shares of CoreWeave from $67.00 to $74.00 and gave the company an “underperform” rating in a research note on Wednesday, August 12th. Finally, William Blair started coverage on shares of CoreWeave in a research report on Wednesday. They issued an “outperform” rating for the company.

Insider Buying and Selling at CoreWeave

In related news, major shareholder Magnetar Financial Llc sold 307,131 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.75, for a total transaction of $33,400,496.25. Following the completion of the sale, the insider directly owned 220,810 shares in the company, valued at approximately $24,013,087.50. This trade represents a 58.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael Intrator sold 200,000 shares of CoreWeave stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $78.23, for a total value of $15,646,000.00. Following the sale, the chief executive officer directly owned 2,476,815 shares of the company’s stock, valued at approximately $193,761,237.45. The trade was a 7.47% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 6,216,099 shares of company stock worth $540,052,348. 24.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CoreWeave

Hedge funds and other institutional investors have recently made changes to their positions in the company. Essential Partners LLC bought a new stake in shares of CoreWeave in the 2nd quarter valued at approximately $30,000. Peterson Wealth Services raised its position in CoreWeave by 153.1% during the first quarter. Peterson Wealth Services now owns 405 shares of the company’s stock valued at $31,000 after acquiring an additional 245 shares in the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in CoreWeave in the first quarter valued at approximately $31,000. Burnham & Co LLC acquired a new stake in CoreWeave in the second quarter valued at approximately $32,000. Finally, Hazlett Burt & Watson Inc. grew its position in CoreWeave by 34.7% in the fourth 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.

CoreWeave Stock Performance

Shares of CoreWeave stock opened at $88.57 on Tuesday. The stock has a market cap of $40.64 billion, a PE ratio of -24.27 and a beta of 7.34. The business has a fifty day simple moving average of $86.70 and a 200-day simple moving average of $94.70. The company has a quick ratio of 0.46, a current 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.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, beating analysts’ consensus estimates 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 quarterly revenue was up 112.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.27) EPS. On average, sell-side analysts anticipate that CoreWeave will post -5.2 EPS for the current fiscal year.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: William Blair initiated coverage with an Outperform rating, citing rapid AI adoption, strong demand for compute, premium pricing and potential for rising revenue per gigawatt. The bullish note has helped improve sentiment toward CoreWeave after its steep one-year decline. William Blair starts coverage of CoreWeave with an Outperform rating
• Positive Sentiment: CoreWeave expanded its AI infrastructure offering by adding NVIDIA Vera CPUs and making the Vera Rubin NVL72 platform available at production scale, with Cognition as an initial customer. The company also launched Forge, a unified AI development environment, and the CoreWeave Partner Network, which includes validated integrations from companies such as CrowdStrike, VAST Data, Reflection and ClickHouse. These initiatives could broaden enterprise adoption and strengthen CoreWeave’s position in AI workloads. CoreWeave unveils Forge, Partner Network and NVIDIA Vera support
• Positive Sentiment: CEO Michael Intrator said tighter data-center regulations and local opposition may shift where facilities are built, but are not reducing underlying customer demand for AI capacity. That message supports the company’s backlog and growth outlook. CoreWeave CEO says there is no reduction in orders
• Neutral Sentiment: CoreWeave’s recent quarterly revenue increased 112.5% year over year to $2.58 billion, and adjusted results exceeded consensus expectations. However, the company remains unprofitable, with analysts expecting a substantial full-year loss.
• Negative Sentiment: The bond market remains cautious about CoreWeave’s heavy debt burden and financing needs. With a reported debt-to-equity ratio above 5, higher interest rates or weaker AI-cloud pricing could pressure cash flow and equity valuation. CoreWeave bond market remains cautious
• Negative Sentiment: A bearish industry view warns that rapid data-center expansion could create excess compute supply and push prices lower, undermining returns on CoreWeave’s large capital investments. A pending shareholder lawsuit adds another risk overhang. CoreWeave faces potential AI data-center pricing pressure

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.