CoreWeave (NASDAQ:CRWV) Stock Price Down 4.6% – Should You Sell?

Posted by George Bondi on Jun 24th, 2026

Shares of CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) fell 4.6% during trading on Wednesday . The company traded as low as $98.25 and last traded at $100.8670. 21,195,553 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 28,500,840 shares. The stock had previously closed at $105.72.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

Positive Sentiment: CoreWeave announced a new co-location agreement with Conapto to expand AI cloud capacity in Stockholm, giving it two campuses in Sweden powered by renewable energy and adding more European reach for its AI infrastructure platform. CoreWeave Partners With Conapto to Expand AI Cloud Capacity in Sweden Powered by Renewable Energy
Positive Sentiment: Backblaze disclosed a five-year, $335 million storage agreement with CoreWeave, highlighting continued customer demand and validating CoreWeave’s growth in AI-related infrastructure spending. Backblaze Announces Five-Year Multi-Exabyte Data Storage Agreement with CoreWeave
Positive Sentiment: CoreWeave was highlighted as a stock to watch in the “Vera Rubin” chip cycle, with articles pointing to its AI cloud growth, large backlog, and NVIDIA ties as reasons investors may see further upside. CoreWeave vs. Nebius: Which AI Infrastructure Stock Has More Upside?
Positive Sentiment: Jim Cramer said he remains a believer in CoreWeave, adding another supportive bullish commentary for the stock. Jim Cramer Shares Why He’s A Believer In CoreWeave (CRWV)
Neutral Sentiment: CoreWeave was mentioned in coverage about joining the Nasdaq-100, which can create passive buying demand, but the article provided limited direct company-specific details. SpaceX’s $20B Bond, Trump’s Quantum Executive Order, CRWV and NBIS Join the Nasdaq 100
Negative Sentiment: Despite the positive deal flow, recent commentary noted CoreWeave stock has been falling and remains volatile, likely reflecting investor concern about valuation, leverage, and execution risk. CoreWeave stock is falling Tuesday: What’s driving the action?
Negative Sentiment: Investors may also be reacting to CoreWeave’s weak balance sheet and recent earnings miss, with the company still posting losses and carrying elevated debt compared with its current assets.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on CRWV shares. Wells Fargo & Company boosted their price objective on shares of CoreWeave from $135.00 to $155.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Oppenheimer raised their target price on shares of CoreWeave from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Citigroup lifted their price target on CoreWeave from $155.00 to $158.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $135.00 price objective on shares of CoreWeave in a research note on Friday, May 8th. Finally, Barclays raised their price objective on CoreWeave from $106.00 to $120.00 and gave the company an “equal weight” rating in a research report on Monday, May 11th. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.52.

Read Our Latest Stock Analysis on CRWV

CoreWeave Trading Down 4.6%

The company has a market cap of $45.15 billion, a price-to-earnings ratio of -32.43 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’s 50 day moving average price is $111.42 and its 200-day moving average price is $94.42.

CoreWeave (NASDAQ:CRWV – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). The company had revenue of $2.08 billion during the quarter. CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The business’s revenue was up 111.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.60) EPS. On average, equities analysts anticipate that CoreWeave Inc. will post -4.57 EPS for the current fiscal year.

Insider Activity

In related news, Director Jack D. Cogen sold 986,540 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $107.80, for a total value of $106,349,012.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Magnetar Financial Llc sold 1,404,667 shares of the company’s stock in a transaction 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 completion of the transaction, the insider directly owned 282,570 shares in the company, valued at approximately $33,428,031. This represents a 83.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 27,822,618 shares of company stock valued at $3,156,634,374.

Institutional Investors Weigh In On CoreWeave

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of CoreWeave by 275.6% in the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after buying an additional 20,487,478 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in CoreWeave by 6,022.0% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,768 shares of the company’s stock worth $8,075,000 after buying an additional 110,926 shares in the last quarter. Legal & General Group Plc increased its stake in CoreWeave by 8,455.6% during the 4th quarter. Legal & General Group Plc now owns 611,301 shares of the company’s stock worth $43,775,000 after acquiring an additional 604,156 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in CoreWeave by 67.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,947 shares of the company’s stock worth $4,794,000 after acquiring an additional 26,907 shares during the period. Finally, Hidden Lake Asset Management LP acquired a new position in CoreWeave in the 3rd quarter valued at $14,814,000.

About CoreWeave

(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.