CoreWeave (NASDAQ:CRWV) Trading Up 14% – Time to Buy?

Posted by Stanley Muller on Jun 3rd, 2026

Shares of CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) traded up 14% on Monday . The company traded as high as $127.85 and last traded at $124.82. 56,040,935 shares changed hands during trading, an increase of 99% from the average session volume of 28,223,561 shares. The stock had previously closed at $109.53.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

Positive Sentiment: BNP Paribas initiated coverage on CoreWeave with bullish commentary, adding to the stock’s analyst support and reinforcing the growth narrative. CoreWeave rises after BNP Paribas starts coverage with bullish views
Positive Sentiment: CoreWeave said it completed the industry-first bring-up and validation of NVIDIA’s Vera Rubin NVL72 on its cloud, a milestone that strengthens its AI infrastructure credibility and may help it win more enterprise AI workloads. CoreWeave Completes Industry-First Bring-Up and Validation of NVIDIA Vera Rubin NVL72
Positive Sentiment: Investor enthusiasm is also being supported by broader AI sector strength and heavy call-option buying, suggesting traders are positioning for further upside in CRWV. CoreWeave Stock Continues To Climb: What’s Driving The Momentum?
Neutral Sentiment: Some valuation commentary says CoreWeave still looks like a “wait-and-see” stock, implying the market may be rewarding growth expectations now, but execution will matter over the next year. Buy, Hold, or Sell: Is CoreWeave a Multibagger in the Making, or an AI Infrastructure Debt Trap?
Negative Sentiment: Recent insider selling by a director and other executives could slightly temper sentiment, though the sales appear modest relative to their remaining holdings. CoreWeave (NASDAQ:CRWV) CFO Sells $562,752.36 in Stock

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Evercore reaffirmed an “outperform” rating and issued a $150.00 price target on shares of CoreWeave in a report on Wednesday, April 15th. Citigroup boosted their target price on shares of CoreWeave from $155.00 to $158.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Mizuho upped their target price on shares of CoreWeave from $105.00 to $110.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Barclays increased their price target on shares of CoreWeave from $106.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Finally, HC Wainwright reiterated a “buy” rating and issued a $180.00 price target on shares of CoreWeave in a research note on Monday, March 2nd. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $131.52.

Read Our Latest Report on CRWV

CoreWeave Price Performance

The firm has a market capitalization of $53.38 billion, a price-to-earnings ratio of -38.35 and a beta of 7.14. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68. The business has a 50-day moving average price of $103.51 and a two-hundred day moving average price of $90.78.

CoreWeave (NASDAQ:CRWV – Get Free Report) last released 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). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The company had revenue of $2.08 billion for the quarter. During the same period in the prior year, the company earned ($0.60) EPS. CoreWeave’s revenue for the quarter was up 111.6% on a year-over-year basis. As a group, research analysts forecast that CoreWeave Inc. will post -4.57 EPS for the current year.

Insiders Place Their Bets

In other CoreWeave news, major shareholder Magnetar Financial Llc sold 1,404,667 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $118.30, for a total value of $166,172,106.10. Following the sale, the insider owned 282,570 shares in the company, valued at approximately $33,428,031. This trade represents a 83.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Brian M. Venturo sold 1,125,000 shares of CoreWeave stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $80.86, for a total value of $90,967,500.00. Following the sale, the insider directly owned 285,327 shares in the company, valued at approximately $23,071,541.22. This trade represents a 79.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 27,251,625 shares of company stock worth $3,050,362,770.

Institutional Trading of CoreWeave

Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of CoreWeave by 275.6% during the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after purchasing an additional 20,487,478 shares during the period. Proficio Capital Partners LLC lifted its holdings in CoreWeave by 446,194.0% in the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after purchasing an additional 17,847,760 shares during the period. Deutsche Bank AG lifted its holdings in CoreWeave by 22,624.0% in the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock worth $273,039,000 after purchasing an additional 3,796,077 shares during the period. Altimeter Capital Management LP bought a new position in CoreWeave in the 4th quarter valued at about $230,099,000. Finally, Alyeska Investment Group L.P. grew its position in CoreWeave by 300.0% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock valued at $286,440,000 after buying an additional 3,000,000 shares in the last quarter.

CoreWeave Company Profile

(Get Free Report)

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.