CoreWeave (NASDAQ:CRWV – Free Report) had its price target trimmed by Wells Fargo & Company from $160.00 to $115.00 in a report issued on Monday,Benzinga reports. The brokerage currently has an overweight rating on the stock.
Several other equities research analysts have also recently weighed in on CRWV. UBS Group cut their target price on CoreWeave from $120.00 to $105.00 and set a “buy” rating for the company in a research note on Friday, October 23rd. Deutsche Bank reaffirmed a “buy” rating and issued a $150.00 target price (up from $135.00) on shares of CoreWeave in a report on Friday, August 7th. Truist Financial lifted their price target on CoreWeave from $155.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Rothschild & Co Redburn assumed coverage on CoreWeave in a report on Monday, September 21st. They set a “sell” rating and a $54.00 price target for the company. Finally, HSBC restated a “reduce” rating and set a $39.00 price objective on shares of CoreWeave in a research report on Tuesday, October 20th. Twenty-six equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $118.66.
View Our Latest Stock Analysis on CRWV
CoreWeave Stock Performance
NASDAQ CRWV opened at $60.77 on Monday. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53. The firm’s 50 day simple moving average is $73.71 and its 200 day simple moving average is $89.28. CoreWeave has a 1 year low of $40.58 and a 1 year high of $138.25.
CoreWeave (NASDAQ:CRWV – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.52) by $0.38. CoreWeave had a negative net margin of 25.56% and a negative return on equity of 59.42%. The business had revenue of $2.58 billion for the quarter. During the same period last year, the business earned ($0.27) earnings per share. The business’s revenue was up 112.5% compared to the same quarter last year. On average, equities analysts expect that CoreWeave will post -4.99 earnings per share for the current fiscal year.
Insider Activity at CoreWeave
In related news, CRO Jonathan Jones sold 21,569 shares of the company’s stock in a transaction that occurred on Tuesday, October 13th. The shares were sold at an average price of $77.42, for a total transaction of $1,669,871.98. Following the completion of the transaction, the executive directly owned 5,392 shares in the company, valued at $417,448.64. This represents a 80.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Chen Goldberg sold 19,904 shares of the stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $46.50, for a total transaction of $925,536.00. Following the completion of the transaction, the executive vice president directly owned 68,149 shares of the company’s stock, valued at approximately $3,168,928.50. The trade was a 22.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 3,727,018 shares of company stock worth $337,495,407 in the last ninety days. Insiders own 24.20% of the company’s stock.
Institutional Trading of CoreWeave
A number of hedge funds and other institutional investors have recently modified their holdings of CRWV. MassMutual Private Wealth & Trust FSB increased its holdings in shares of CoreWeave by 241.1% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 307 shares of the company’s stock worth $27,000 after buying an additional 217 shares in the last quarter. Essential Partners LLC bought a new position in shares of CoreWeave in the 2nd quarter valued at $30,000. Cassaday & Co Wealth Management LLC acquired a new stake in shares of CoreWeave during the 1st quarter valued at $31,000. Burnham & Co LLC acquired a new stake in shares of CoreWeave during the 2nd quarter valued at $32,000. Finally, Allied Private Wealth LLC acquired a new stake in shares of CoreWeave during the 2nd quarter valued at $40,000.
Top CoreWeave Stories
Here are a few of the latest stories about CRWV:
- Positive Sentiment: Strong Q3 growth and raised guidance: Revenue rose 168% year over year to $3.66 billion, beating estimates, and the quarterly loss was narrower than expected. CoreWeave raised its 2026 revenue outlook to $13.0–$13.3 billion. CNBC outlook report
- Neutral Sentiment: Analysts remain divided: Some raised targets after the report, while others cut targets or stayed cautious, reflecting uncertainty about how quickly growth will translate into sustainable profitability. Analyst outlook
- Negative Sentiment: Debt, interest costs and cash needs remain key risks: The buildout is capital-intensive, and investors remain concerned about leverage, borrowing costs and whether customer prepayments and contract-backed financing will be sufficient to fund expansion. Funding strategy report
CoreWeave Company Profile
CoreWeave is a cloud computing company that provides infrastructure for artificial intelligence, machine learning, and other compute-intensive workloads. Its services include access to graphics processing units (GPUs), cloud storage and networking, and software tools for deploying and managing workloads. The company was founded in 2017 as a cryptocurrency mining business and later shifted its focus to cloud computing. CoreWeave is headquartered in Livingston, New Jersey, and operates data center infrastructure in the United States and Europe, serving customers that need large-scale computing resources.
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