CoreWeave (NASDAQ:CRWV) Price Target Raised to $140.00

CoreWeave (NASDAQ:CRWV) had its price target upped by Macquarie from $115.00 to $140.00 in a research note published on Monday,Benzinga reports. They currently have a neutral rating on the stock.

Several other research analysts also recently commented on CRWV. Raymond James Financial started coverage on shares of CoreWeave in a report on Monday, September 15th. They issued an “outperform” rating and a $130.00 price target for the company. Seaport Res Ptn raised CoreWeave to a “hold” rating in a research note on Monday, September 15th. Needham & Company LLC restated a “hold” rating on shares of CoreWeave in a research report on Wednesday, August 13th. Arete upgraded CoreWeave from a “neutral” rating to a “buy” rating and set a $180.00 target price on the stock in a research note on Thursday, August 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of CoreWeave in a research report on Wednesday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, CoreWeave currently has an average rating of “Moderate Buy” and an average price target of $127.64.

CoreWeave Stock Up 0.1%

CRWV stock opened at $137.05 on Monday. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 2.79. CoreWeave has a twelve month low of $33.51 and a twelve month high of $187.00. The firm’s 50-day moving average is $111.17.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings results on Tuesday, August 12th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.07). The firm had revenue of $1.21 million for the quarter. CoreWeave’s revenue was up 206.7% compared to the same quarter last year. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Insider Transactions at CoreWeave

In other news, insider Brannin Mcbee sold 250,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $131.83, for a total value of $32,957,500.00. Following the completion of the sale, the insider directly owned 121,965 shares in the company, valued at approximately $16,078,645.95. The trade was a 67.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Kristen J. Mcveety sold 95,000 shares of the company’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $126.86, for a total transaction of $12,051,700.00. The disclosure for this sale can be found here. Insiders sold 19,928,066 shares of company stock worth $2,247,880,573 in the last three months.

Institutional Trading of CoreWeave

Several institutional investors have recently added to or reduced their stakes in the business. Gamco Investors INC. ET AL purchased a new position in shares of CoreWeave in the first quarter worth about $318,000. Goldman Sachs Group Inc. bought a new position in CoreWeave during the 1st quarter worth approximately $963,000. Howard Financial Services LTD. purchased a new position in CoreWeave in the 2nd quarter worth approximately $489,000. McAlister Sweet & Associates Inc. purchased a new position in CoreWeave in the 2nd quarter worth approximately $277,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in CoreWeave in the second quarter valued at approximately $117,000.

CoreWeave Company Profile

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.