CoreWeave (NASDAQ:CRWV) Shares Down 13.9% – What’s Next?

CoreWeave Inc. (NASDAQ:CRWV)’s share price was down 13.9% during mid-day trading on Wednesday . The company traded as low as $85.01 and last traded at $85.69. 60,226,694 shares traded hands during trading, an increase of 110% from the average session volume of 28,734,582 shares. The stock had previously closed at $99.54.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave expanded its footprint with a new 31,000-square-foot addition to its Livingston headquarters, signaling continued investment in growth and operations. CoreWeave Expands HQ with Additional 31,000 SF in Livingston
• Positive Sentiment: Investors continue to watch CoreWeave’s record AI backlog and recent product progress, including early payoff from its ARIA acquisition, which may support the bull case that the stock still looks inexpensive relative to its growth opportunity. CoreWeave (CRWV) Stock May Still Look Cheap Following Record AI Backlog
• Neutral Sentiment: CoreWeave’s European expansion with Conapto and broader AI infrastructure buildout remain strategic positives, but the market appears focused more on near-term competitive and valuation risks than on international capacity growth. CoreWeave (CRWV) Expands European AI Infrastructure Through New Partnership with Conapto
• Neutral Sentiment: Analysts and commentators are also comparing CoreWeave with peers like Nebius, Cloudflare, and Oracle, framing CRWV as a high-growth but high-risk AI infrastructure name rather than driving a clear new catalyst. CoreWeave Vs. Nebius: CoreWeave’s US Footprint Beats Nebius’s Premium European Expansion
• Negative Sentiment: Bernstein warned that hyperscalers could eventually compete directly with CoreWeave, raising questions about the long-term sustainability of its business model. CRWV Stock Draws Investor Buzz As Bernstein Says It’s A Matter Of Time Before Hyperscalers Compete Head-On With CoreWeave
• Negative Sentiment: Fresh selling was triggered by Meta’s reported internal cloud effort, which investors see as a possible future rival to CoreWeave’s AI infrastructure services. Meta-driven sell-off in CoreWeave stock makes no sense: here’s why
• Negative Sentiment: The stock has been sliding amid heavy volatility and a broad pullback in richly valued, debt-heavy AI infrastructure names, with no single clear positive catalyst to offset the pressure. CoreWeave Is Down 10% Today: How Does CRWV Compare to Other Cloud Stocks Like Cloudflare and Oracle?

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Oppenheimer boosted their target price on shares of CoreWeave from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Weiss Ratings raised shares of CoreWeave from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, June 24th. Mizuho boosted their price objective on shares of CoreWeave from $105.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Cantor Fitzgerald restated an “overweight” rating and set a $167.00 target price on shares of CoreWeave in a research note on Thursday, June 11th. Finally, Jefferies Financial Group lifted their price target on CoreWeave from $120.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $135.00.

CoreWeave Stock Performance

The stock’s 50-day moving average is $109.59 and its 200-day moving average is $94.79. The firm has a market capitalization of $38.35 billion, a price-to-earnings ratio of -27.55 and a beta of 7.14. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share 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 company had revenue of $2.08 billion for the quarter. During the same quarter in the previous year, the firm posted ($0.60) earnings per share. The business’s revenue was up 111.6% on a year-over-year basis. On average, analysts predict that CoreWeave Inc. will post -4.57 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Jack D. Cogen sold 986,540 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $107.80, for a total transaction of $106,349,012.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Magnetar Financial Llc sold 1,404,667 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $118.30, for a total value of $166,172,106.10. Following the completion of the transaction, the insider directly owned 282,570 shares of the company’s stock, valued at $33,428,031. This represents a 83.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 26,758,311 shares of company stock valued at $3,093,227,010 in the last 90 days.

Hedge Funds Weigh In On CoreWeave

Several large investors have recently modified their holdings of CRWV. KERR FINANCIAL PLANNING Corp acquired a new position in shares of CoreWeave during the third quarter worth $27,000. Pin Oak Investment Advisors Inc. bought a new position in CoreWeave during the 3rd quarter worth $34,000. Cornerstone Planning Group LLC lifted its holdings in CoreWeave by 272.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock worth $25,000 after buying an additional 251 shares during the period. Cullen Frost Bankers Inc. grew its position 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 buying an additional 121 shares during the last quarter. Finally, Greenline Wealth Management LLC bought a new stake in shares of CoreWeave in the 4th quarter valued at about $28,000.

About CoreWeave

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.