CoreWeave (NASDAQ:CRWV) Trading Up 6.3% – Should You Buy?

Posted by Brenda Bartman on Aug 7th, 2026

Shares of CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) shot up 6.3% during mid-day trading on Friday . The company traded as high as $91.03 and last traded at $90.67. 18,529,224 shares traded hands during trading, a decline of 34% from the average daily volume of 28,235,445 shares. The stock had previously closed at $85.33.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

Positive Sentiment: IMC selected CoreWeave to support a deeper research investment, adding evidence that the company’s GPU cloud infrastructure is gaining traction among research and high-performance computing users. IMC Selects CoreWeave As Firm Deepens Research Investment
Positive Sentiment: Rosenblatt Securities reaffirmed a Buy rating and a $250 price target, while other analysts have maintained bullish ratings. The target implies substantial upside if CoreWeave can sustain AI demand and improve profitability. Rosenblatt Securities Reaffirms Buy Rating
Positive Sentiment: Commentary comparing CoreWeave with IREN frames CRWV as a major “neocloud” investment option, potentially supporting interest from investors seeking leveraged exposure to AI-compute growth. CRWV vs IREN: Which Stock Does Jim Cramer Think Is the Better Neocloud Bet?
Neutral Sentiment: Investors are focused on the August 11 earnings release. CoreWeave’s prior quarter delivered 111.6% revenue growth to $2.08 billion but missed EPS expectations, making its next outlook, customer demand and capital-spending plans important for valuation. Should You Buy CoreWeave Before or After Earnings?
Negative Sentiment: CEO Michael Intrator sold 307,692 shares worth about $28.2 million, and EVP Chen Goldberg sold 25,605 shares worth approximately $2.35 million. The transactions were made under pre-arranged Rule 10b5-1 plans; Goldberg’s sales covered tax withholding, but the volume still pressured the stock. CoreWeave Insider Selling
Negative Sentiment: CoreWeave remains unprofitable, highly leveraged and capital-intensive, with a debt-to-equity ratio of 3.68 and a current ratio of 0.31. Investors remain sensitive to financing needs and whether rapid AI infrastructure growth can translate into sustainable earnings. CoreWeave Stock Information

Analyst Ratings Changes

CRWV has been the subject of a number of research reports. Weiss Ratings upgraded CoreWeave from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, June 24th. Robert W. Baird initiated coverage on shares of CoreWeave in a research note on Tuesday, July 21st. They issued an “outperform” rating and a $100.00 price target on the stock. Cantor Fitzgerald began coverage on shares of CoreWeave in a research report on Wednesday, July 22nd. They set an “overweight” rating on the stock. TD Cowen upgraded shares of CoreWeave to a “buy” rating in a research note on Wednesday, July 22nd. Finally, Truist Financial raised CoreWeave from a “hold” rating to a “buy” rating and reduced their price target for the company from $131.00 to $126.00 in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, CoreWeave currently has a consensus rating of “Moderate Buy” and an average price target of $136.67.

Read Our Latest Analysis on CoreWeave

CoreWeave Trading Up 6.3%

The business’s 50 day simple moving average is $92.19 and its 200 day simple moving average is $94.89. The stock has a market cap of $40.59 billion, a price-to-earnings ratio of -29.16 and a beta of 7.44. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68.

CoreWeave (NASDAQ:CRWV – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported ($1.40) earnings per share for the quarter, missing the consensus estimate of ($1.17) by ($0.23). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The firm had revenue of $2.08 billion for the quarter. During the same quarter in the previous year, the company earned ($0.60) EPS. CoreWeave’s revenue was up 111.6% compared to the same quarter last year. On average, research analysts expect that CoreWeave Inc. will post -5.7 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Michael N. Intrator sold 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $91.80, for a total value of $18,360,000.00. Following the completion of the sale, the chief executive officer directly owned 2,076,815 shares of the company’s stock, valued at $190,651,617. This trade represents a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brannin Mcbee sold 10,536 shares of CoreWeave stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $83.63, for a total value of $881,125.68. 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. Insiders have sold 9,718,798 shares of company stock worth $972,747,064 over the last ninety days. 24.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On CoreWeave

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position 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 purchasing an additional 20,487,478 shares during the period. Proficio Capital Partners LLC grew its stake in CoreWeave by 446,194.0% in the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock valued at $2,443,013,000 after buying an additional 17,847,760 shares during the last quarter. Bank of America Corp DE grew its stake in CoreWeave by 13.1% in the 1st quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock valued at $437,870,000 after buying an additional 653,398 shares during the last quarter. Clear Street Group Inc. raised its holdings in CoreWeave by 57.2% in the 4th quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock valued at $333,260,000 after acquiring an additional 1,692,916 shares during the period. Finally, Alyeska Investment Group L.P. lifted its position in CoreWeave by 300.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock worth $286,440,000 after acquiring an additional 3,000,000 shares during 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.