CoreWeave (NASDAQ:CRWV) Stock Price Down 1.6% – What’s Next?

Posted by George Bondi on Jun 17th, 2026

Shares of CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) fell 1.6% during trading on Wednesday . The stock traded as low as $114.90 and last traded at $115.21. 25,761,816 shares traded hands during mid-day trading, a decline of 9% from the average session volume of 28,251,025 shares. The stock had previously closed at $117.03.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

Positive Sentiment: CoreWeave’s upcoming inclusion in the Nasdaq-100 is driving demand for the shares, since index funds and benchmark-tracking investors may need to buy the stock. CoreWeave (CRWV) to Join Nasdaq-100, Soars 9.67%
Positive Sentiment: Analysts highlighted a potential backlog beat after CoreWeave disclosed strong long-term contract growth, reinforcing the view that demand for its AI infrastructure is accelerating. CoreWeave Insider Sales Look Big, But Should Investors Worry?
Positive Sentiment: The company also announced record AI training benchmark results, including exceptionally fast DeepSeek-V3 training on its infrastructure, which supports the investment case that CoreWeave’s platform is technically leading in AI compute. CoreWeave Sets New AI Training Records in MLPerf® Training v6.0, Training DeepSeek-V3 in Approximately Two Minutes
Neutral Sentiment: Insider sales have looked large on paper, but reports say they were done through pre-arranged 10b5-1 plans, so investors appear to be treating them as planned liquidity events rather than a warning sign. CoreWeave Insider Sales Look Big, But Should Investors Worry?
Negative Sentiment: Some commentary is still focused on valuation, capital intensity, and high leverage, with skeptics arguing CoreWeave may be overvalued if growth expectations or backlog assumptions cool. CoreWeave (CRWV) Stock Could Be 52.4% Overvalued as Capex Treadmill Concerns Persist
Negative Sentiment: Broader AI-stock caution from high-profile short sellers and reports questioning the sustainability of the GPU buildout is creating some pressure on the sector, including CoreWeave. Legendary Short Seller Jim Chanos Issues Dire Prediction

Analysts Set New Price Targets

Several research firms have recently commented on CRWV. Truist Financial increased their price target on shares of CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a research report on Friday, May 8th. Wolfe Research began coverage on shares of CoreWeave in a research report on Thursday, April 16th. They issued an “outperform” rating and a $150.00 price target on the stock. Citizens Jmp reiterated a “market outperform” rating and issued a $180.00 price target on shares of CoreWeave in a research report on Friday, February 27th. Jefferies Financial Group increased their price target on shares of CoreWeave from $120.00 to $160.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Finally, BNP Paribas Exane began coverage on shares of CoreWeave in a research report on Tuesday, June 2nd. They issued an “outperform” rating and a $192.00 price target on the stock. Twenty equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $131.52.

Read Our Latest Stock Analysis on CoreWeave

CoreWeave Stock Performance

The stock’s 50-day moving average is $109.03 and its 200-day moving average is $93.09. The stock has a market cap of $51.57 billion, a price-to-earnings ratio of -37.04 and a beta of 7.18. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31.

CoreWeave (NASDAQ:CRWV – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 prior year, the business posted ($0.60) EPS. The business’s revenue was up 111.6% compared to the same quarter last year. Analysts anticipate that CoreWeave Inc. will post -4.57 EPS for the current fiscal year.

Insider Activity

In related news, CFO Nitin Agrawal sold 63,891 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $93.35, for a total transaction of $5,964,224.85. Following the sale, the chief financial officer owned 252,200 shares in the company, valued at approximately $23,542,870. This trade represents a 20.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Michael N. Intrator sold 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $98.88, for a total transaction of $19,776,000.00. Following the sale, the chief executive officer owned 3,676,815 shares in the company, valued at approximately $363,563,467.20. This trade represents a 5.16% decrease in their position. 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 a total of 27,373,153 shares of company stock worth $3,098,346,558 in the last three months.

Hedge Funds Weigh In On CoreWeave

A number of hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC boosted its holdings in shares of CoreWeave by 4.0% in the 1st quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock valued at $181,000 after purchasing an additional 91 shares during the last quarter. Pathway Wealth Management LLC boosted its holdings in shares of CoreWeave by 2.9% in the 1st quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock valued at $278,000 after purchasing an additional 100 shares during the last quarter. Azzad Asset Management Inc. ADV boosted its holdings in shares of CoreWeave by 2.1% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock valued at $389,000 after purchasing an additional 104 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in shares of CoreWeave by 34.7% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock valued at $33,000 after purchasing an additional 119 shares during the last quarter. Finally, Cullen Frost Bankers Inc. boosted its holdings in shares of CoreWeave by 45.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after purchasing an additional 121 shares during the last quarter.

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.