CoreWeave (NASDAQ:CRWV) Shares Up 11.7% – Should You Buy?

Posted by on Sep 8th, 2026

CoreWeave Inc. (NASDAQ:CRWV – Get Free Report)’s stock price was up 11.7% on Tuesday . The stock traded as high as $104.59 and last traded at $99.83. 50,808,587 shares traded hands during mid-day trading, an increase of 80% from the average session volume of 28,242,521 shares. The stock had previously closed at $89.36.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

  • Positive Sentiment: OpenAI’s new Astra model provided a fresh catalyst for AI-cloud infrastructure providers. CoreWeave has a $22.4 billion agreement to supply OpenAI with computing capacity, reinforcing expectations for sustained demand and revenue growth. Why is CoreWeave stock surging 16% today
  • Positive Sentiment: Optimistic analysts point to a reported $129 billion contracted order book, including long-term take-or-pay agreements that improve revenue visibility. With only about 36% of contracted power currently active, additional capacity coming online could support substantial future revenue and operating leverage. CoreWeave: A hundred billion in backlog and a bond market that doesn’t believe it
  • Positive Sentiment: A bullish endorsement from Jim Cramer and a broader rally in AI-cloud names following Morgan Stanley’s more favorable view of Oracle helped improve sentiment toward CoreWeave and other GPU-cloud providers. Jim Cramer endorses CoreWeave as a top neocloud play Oracle rallies as Morgan Stanley lifts its price target
  • Neutral Sentiment: Call-option activity was unusually high, with traders purchasing approximately 256,658 calls versus typical volume of 232,368. This indicates increased bullish speculation, but options activity can also amplify volatility rather than establish durable fundamental support.
  • Negative Sentiment: Short sellers continue to target CoreWeave because of concerns over heavy borrowing, high capital expenditures, cash flow and losses. Its debt-to-equity ratio is 5.53, while the company remains unprofitable, making execution and financing risks important counterweights to its backlog. Short sellers are betting against three AI infrastructure stocks

Wall Street Analyst Weigh In

A number of research firms have recently commented on CRWV. DA Davidson reissued a “neutral” rating and issued a $100.00 target price (down from $175.00) on shares of CoreWeave in a report on Monday, May 18th. Weiss Ratings raised shares of CoreWeave from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, June 24th. Barclays upped their price target on shares of CoreWeave from $90.00 to $105.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Sanford C. Bernstein boosted their price objective on CoreWeave from $67.00 to $74.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 12th. Finally, Wells Fargo & Company increased their target price on CoreWeave from $155.00 to $160.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Twenty-one research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, CoreWeave has an average rating of “Moderate Buy” and an average target price of $141.90.

Get Our Latest Analysis on CoreWeave

CoreWeave Stock Performance

The firm has a market capitalization of $45.81 billion, a P/E ratio of -27.35 and a beta of 7.45. The company has a 50-day moving average of $85.20 and a 200-day moving average of $94.37. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53.

CoreWeave (NASDAQ:CRWV – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, beating the consensus estimate of ($1.52) by $0.38. The company had revenue of $2.58 billion during the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The company’s quarterly revenue was up 112.5% on a year-over-year basis. During the same period in the previous year, the company posted ($0.27) EPS. On average, equities analysts anticipate that CoreWeave Inc. will post -5.19 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Nitin Agrawal sold 5,509 shares of CoreWeave stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $88.64, for a total transaction of $488,317.76. Following the completion of the transaction, the chief financial officer owned 132,596 shares of the company’s stock, valued at $11,753,309.44. This trade represents a 3.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brannin Mcbee sold 500 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $85.51, for a total transaction of $42,755.00. Following the sale, the insider directly owned 48,000 shares in the company, valued at $4,104,480. This trade represents a 1.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 7,052,467 shares of company stock worth $649,768,759. 24.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On CoreWeave

Several large investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System boosted its holdings in shares of CoreWeave by 12,886.8% during the 2nd quarter. California State Teachers Retirement System now owns 41,559,344 shares of the company’s stock worth $4,136,817,000 after buying an additional 41,239,333 shares in the last quarter. Proficio Capital Partners LLC lifted its position in shares of CoreWeave by 446,194.0% during 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 acquiring an additional 17,847,760 shares during the period. Alyeska Investment Group L.P. boosted its stake in CoreWeave by 55.7% during the second quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock worth $1,084,117,000 after acquiring an additional 3,897,741 shares in the last quarter. Bank of America Corp DE boosted its stake in CoreWeave by 13.1% during the first quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock worth $437,870,000 after acquiring an additional 653,398 shares in the last quarter. Finally, Clear Street Group Inc. grew its holdings in CoreWeave by 57.2% in the fourth quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock worth $333,260,000 after purchasing an additional 1,692,916 shares during the period.

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.

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