CoreWeave (NASDAQ:CRWV) Shares Gap Down – Here’s What Happened

Posted by Brenda Bartman on May 21st, 2026

CoreWeave Inc. (NASDAQ:CRWV – Get Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $103.77, but opened at $98.53. CoreWeave shares last traded at $96.2330, with a volume of 5,430,507 shares traded.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

Positive Sentiment: CoreWeave is continuing to expand its enterprise business, with financial services cited as an early growth area, which could help diversify revenue beyond its core AI infrastructure customer base. CoreWeave building up enterprise business, led by financial services
Positive Sentiment: A new HPC infrastructure-backed loan facility could support CoreWeave’s ability to keep funding data center and compute expansion, signaling access to additional capital for growth. CoreWeave Launches Pioneering HPC Infrastructure-Backed Loan Facility
Neutral Sentiment: Investors are also weighing analyst commentary and conference remarks suggesting CoreWeave may still be undervalued, but these views are being offset by concerns over valuation and leverage. Why CoreWeave Still Looks Undervalued
Negative Sentiment: The Blackstone-Google AI venture is seen as a direct competitive threat to CoreWeave, intensifying fears that larger, better-capitalized players could squeeze margins and weaken CoreWeave’s long-term pricing power. AI Consolidation Begins: Blackstone & Google Forge an AI Empire (CRWV)
Negative Sentiment: DA Davidson’s downgrade and related coverage from other outlets reinforce concerns about CoreWeave’s stretched valuation, heavy debt load, and widening losses. DA Davidson downgrades CoreWeave (CRWV)

Analyst Upgrades and Downgrades

CRWV has been the subject of a number of research analyst reports. Jefferies Financial Group boosted their price objective on CoreWeave from $120.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Citizens Jmp restated a “market outperform” rating and set a $180.00 price objective on shares of CoreWeave in a report on Friday, February 27th. Wells Fargo & Company boosted their price target on CoreWeave from $135.00 to $155.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $135.00 price target on shares of CoreWeave in a research report on Friday, May 8th. Finally, Mizuho increased their price target on CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $129.63.

View Our Latest Analysis on CoreWeave

CoreWeave Stock Up 1.5%

The firm has a market cap of $45.33 billion, a price-to-earnings ratio of -32.57 and a beta of 7.84. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31. The stock has a 50-day moving average of $99.10 and a 200-day moving average of $90.96.

CoreWeave (NASDAQ:CRWV – Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The company had revenue of $1.57 billion for the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The business’s quarterly revenue was up 110.4% on a year-over-year basis. Sell-side analysts predict that CoreWeave Inc. will post -4.15 EPS for the current fiscal year.

Insider Activity

In other CoreWeave news, insider Jeff Baker sold 42,515 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $113.94, for a total transaction of $4,844,159.10. Following the completion of the sale, the insider directly owned 14 shares in the company, valued at $1,595.16. This represents a 99.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael N. Intrator sold 200,000 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $105.67, for a total value of $21,134,000.00. Following the sale, the chief executive officer owned 4,466,501 shares of the company’s stock, valued at $471,975,160.67. The trade was a 4.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 24,802,381 shares of company stock valued at $2,783,296,673.

Institutional Investors Weigh In On CoreWeave

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. AE Wealth Management LLC bought a new position in shares of CoreWeave in the 3rd quarter worth about $4,241,000. Vanguard Group Inc. grew its stake in shares of CoreWeave by 275.6% in the 4th 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 stake in shares of CoreWeave by 6,022.0% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,768 shares of the company’s stock valued at $8,075,000 after buying an additional 110,926 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of CoreWeave by 67.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,947 shares of the company’s stock valued at $4,794,000 after buying an additional 26,907 shares during the period. Finally, Hidden Lake Asset Management LP acquired a new stake in shares of CoreWeave in the 3rd quarter valued at about $14,814,000.

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.