CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the thirty-two analysts that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $129.7143.
Several research firms have issued reports on CRWV. Cantor Fitzgerald restated an “overweight” rating and set a $174.00 price target on shares of CoreWeave in a report on Wednesday. Northland Securities lifted their target price on shares of CoreWeave from $85.00 to $165.00 and gave the stock an “outperform” rating in a research note on Friday, July 18th. Evercore ISI initiated coverage on shares of CoreWeave in a report on Tuesday, September 30th. They issued an “outperform” rating and a $175.00 target price on the stock. Hsbc Global Res raised shares of CoreWeave to a “moderate sell” rating in a research report on Thursday, July 17th. Finally, Moffett Nathanson increased their price target on CoreWeave from $56.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, August 19th.
Get Our Latest Research Report on CRWV
CoreWeave Trading Down 2.7%
CoreWeave (NASDAQ:CRWV – Get Free Report) last issued its quarterly earnings results on Tuesday, August 12th. The company reported ($0.27) 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. The business’s revenue for the quarter was up 206.7% on a year-over-year basis. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.
Insiders Place Their Bets
In other news, SVP Chen Goldberg sold 19,180 shares of the company’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $118.30, for a total transaction of $2,268,994.00. Following the transaction, the senior vice president owned 37,084 shares in the company, valued at approximately $4,387,037.20. This represents a 34.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Magnetar Financial Llc sold 7,688 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $134.94, for a total transaction of $1,037,418.72. Following the transaction, the insider directly owned 299,512 shares in the company, valued at $40,416,149.28. This trade represents a 2.50% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 36,743,427 shares of company stock worth $4,592,624,537.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in CRWV. Chelsea Counsel Co. bought a new position in shares of CoreWeave in the second quarter valued at approximately $33,000. Family Legacy Financial Solutions LLC grew its stake in CoreWeave by 166.7% in the 3rd quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock valued at $27,000 after purchasing an additional 125 shares during the period. HighMark Wealth Management LLC purchased a new stake in shares of CoreWeave during the 3rd quarter valued at $27,000. OLD Second National Bank of Aurora purchased a new stake in shares of CoreWeave during the 3rd quarter valued at $27,000. Finally, Aspect Partners LLC bought a new stake in shares of CoreWeave during the 3rd quarter worth $28,000.
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.
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