Northland Securities Lowers Earnings Estimates for CoreWeave

CoreWeave Inc. (NASDAQ:CRWV) – Northland Securities decreased their Q3 2026 earnings estimates for shares of CoreWeave in a report issued on Wednesday, October 7th. Northland Securities analyst N. Chokshi now expects that the company will post earnings per share of ($1.70) for the quarter, down from their previous estimate of ($1.62). The consensus estimate for CoreWeave’s current full-year earnings is ($5.19) per share. Northland Securities also issued estimates for CoreWeave’s Q4 2026 earnings at ($1.07) EPS, Q1 2027 earnings at ($1.10) EPS, Q3 2027 earnings at ($0.86) EPS, Q4 2027 earnings at ($0.36) EPS and FY2027 earnings at ($3.32) EPS.

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

CRWV has been the subject of a number of other reports. Rosenblatt Securities restated a “buy” rating and issued a $250.00 target price on shares of CoreWeave in a research report on Thursday, October 1st. Roth Capital set a $145.00 price target on CoreWeave in a research report on Thursday, August 13th. JPMorgan Chase & Co. raised CoreWeave from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $120.00 to $125.00 in a research note on Thursday, September 24th. Citigroup upped their price objective on CoreWeave from $142.00 to $159.00 and gave the company a “buy” rating in a report on Friday, August 14th. Finally, Btg Pactual set a $125.00 target price on CoreWeave in a research note on Monday, September 21st. Twenty-three research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $140.64.

CoreWeave Price Performance

NASDAQ CRWV opened at $81.58 on Friday. CoreWeave has a 12 month low of $60.55 and a 12 month high of $153.20. 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 firm has a market capitalization of $37.43 billion, a PE ratio of -22.35 and a beta of 7.36. The company’s 50 day simple moving average is $88.57 and its 200 day simple moving average is $94.88.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CRWV. Essential Partners LLC acquired a new stake in shares of CoreWeave during the second quarter valued at approximately $30,000. MassMutual Private Wealth & Trust FSB boosted its stake in CoreWeave by 241.1% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 307 shares of the company’s stock worth $27,000 after purchasing an additional 217 shares during the period. Burnham & Co LLC purchased a new position in CoreWeave during the 2nd quarter worth approximately $32,000. Cassaday & Co Wealth Management LLC purchased a new position in CoreWeave during the 1st quarter worth approximately $31,000. Finally, Allied Private Wealth LLC purchased a new position in CoreWeave during the 2nd quarter worth approximately $40,000.

Insider Buying and Selling

In related news, insider Brian Venturo sold 65,616 shares of the stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $87.69, for a total value of $5,753,867.04. Following the completion of the transaction, the insider owned 302,526 shares in the company, valued at $26,528,504.94. This trade represents a 17.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Brannin Mcbee sold 56,531 shares of CoreWeave stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $87.69, for a total value of $4,957,203.39. Following the completion of the transaction, the insider directly owned 392,279 shares in the company, valued at $34,398,945.51. This represents a 12.60% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 5,850,311 shares of company stock valued at $509,880,890. 24.20% of the stock is currently owned by company insiders.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced plans to deploy 240 megawatts of AI data-center capacity in Navi Mumbai through a partnership with AdaniConneX, giving the company access to India’s growing AI market and expanding its global footprint. CoreWeave Makes a 240 MW Bet on India’s AI Infrastructure
• Positive Sentiment: CoreWeave has reportedly raised GPU prices by 25% in July and another 10% more recently. UBS analyst Karl Keirstead viewed the increases as evidence of strong demand and pricing power in AI infrastructure. CoreWeave Can Raise Prices Twice in Three Months
• Positive Sentiment: Institutional ownership reportedly increased to 1,125 holders, with aggregate holdings approaching $40 billion. ARK Invest also bought CoreWeave shares, providing a potential sentiment boost. CoreWeave Institutional Holders Rise
• Neutral Sentiment: CFO Nitin Agrawal sold just three shares under a pre-arranged Rule 10b5-1 plan. The transaction had no meaningful effect on his roughly 132,596-share position and is unlikely to explain the broader weakness. SEC Form 4 Filing
• Negative Sentiment: AI stocks sold off after reports that OpenAI’s annualized revenue was approximately $50 billion, below the previously circulated $68 billion figure. The news raised concerns about AI growth expectations and weighed on Nvidia, Oracle, CoreWeave, and related companies. AI Stocks Sink on OpenAI Revenue Report
• Negative Sentiment: Investors remain concerned about CoreWeave’s heavy leverage and financing needs. A reported $2.6 billion loan could require accelerated repayment if a customer contract tied to the financing is materially breached, increasing execution and liquidity risks. CoreWeave’s AI Loan Has a Hidden Risk
• Negative Sentiment: Options activity was characterized as moderately bearish, while some analysis suggested the stock could be about 26% overvalued. CoreWeave’s high beta, negative earnings, and debt-to-equity ratio above 5 add to valuation sensitivity. Option Traders Moderately Bearish in CoreWeave

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.