CoreWeave (NASDAQ:CRWV) Given New $110.00 Price Target at JPMorgan Chase & Co.

CoreWeave (NASDAQ:CRWV) had its target price boosted by analysts at JPMorgan Chase & Co. from $105.00 to $110.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 24.86% from the company’s current price.

Several other equities analysts have also recently commented on the stock. Jefferies Financial Group cut shares of CoreWeave from a “buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. Rosenblatt Securities reissued a “buy” rating and issued a $250.00 price target on shares of CoreWeave in a report on Wednesday, August 5th. Truist Financial upgraded shares of CoreWeave from a “hold” rating to a “buy” rating and reduced their price target for the company from $131.00 to $126.00 in a research report on Tuesday, July 21st. Raymond James Financial downgraded CoreWeave from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Finally, Mizuho lowered their price target on CoreWeave from $110.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $136.82.

CoreWeave Price Performance

CRWV stock traded down $0.09 during mid-day trading on Tuesday, reaching $88.10. 18,498,115 shares of the company traded hands, compared to its average volume of 28,133,934. The company has a fifty day moving average price of $91.08 and a 200-day moving average price of $94.76. CoreWeave has a 52-week low of $60.55 and a 52-week high of $153.20. The company has a market capitalization of $39.43 billion, a P/E ratio of -28.24 and a beta of 7.45. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31.

Insider Transactions at CoreWeave

In related news, CEO Michael N. Intrator sold 278,560 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $97.43, for a total transaction of $27,140,100.80. Following the transaction, the chief executive officer directly owned 3,138,612 shares of the company’s stock, valued at approximately $305,794,967.16. This trade represents a 8.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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, Director Jack D. Cogen sold 986,540 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $107.80, for a total value of $106,349,012.00. The SEC filing for this sale provides additional information. In the last three months, insiders sold 9,036,105 shares of company stock worth $896,789,395. 24.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On CoreWeave

Several institutional investors and hedge funds have recently made changes to their positions in the business. Sivia Capital Partners LLC purchased a new position in CoreWeave in the 2nd quarter worth $39,824,000. Quantbot Technologies LP purchased a new stake in CoreWeave during the second quarter valued at about $311,000. Invesco Ltd. bought a new position in shares of CoreWeave during the second quarter valued at about $882,000. First Trust Advisors LP purchased a new position in shares of CoreWeave in the second quarter worth about $20,260,000. Finally, Baird Financial Group Inc. purchased a new position in shares of CoreWeave in the second quarter worth about $455,000.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave is expected to report record second-quarter revenue and triple-digit growth, supported by nearly $100 billion in contracts and sustained demand for AI computing capacity. Jefferies reiterated its Buy rating and $150 price target, suggesting substantial upside if execution remains strong. CoreWeave earnings: Jefferies eying founder selling, not profit, as the next catalyst
• Positive Sentiment: A new $2.6 billion financing arrangement should provide additional capital for data-center and AI-cloud expansion, helping CoreWeave address its large backlog. The company also secured priority access to Solidigm solid-state drives, which could reduce storage bottlenecks as its infrastructure grows. CRWV’s Solidigm Deal: Can Priority SSD Access Give an Edge in AI Cloud?
• Positive Sentiment: Television commentator Jim Cramer recently favored CoreWeave over IREN, citing CoreWeave’s valuation and business prospects. While not a fundamental catalyst, the endorsement may support retail-investor sentiment. Jim Cramer Picks CoreWeave (CRWV) as the Better Buy Over IREN
• Neutral Sentiment: Investors are focused on whether CoreWeave can convert its contract backlog into revenue and cash flow. The earnings call is likely to emphasize deployment timing, customer commitments, financing, and capital spending rather than near-term earnings alone. CoreWeave Has $99 Billion in Contracts. Tuesday Is About Whether It Can Afford to Deliver Them.
• Negative Sentiment: Analysts expect another quarterly loss, with a major profitability improvement still months away. CoreWeave’s heavy data-center spending, high leverage, and weak liquidity metrics increase the risk that growth will require additional financing or dilution. CoreWeave Likely To Report Q2 Loss
• Negative Sentiment: Potential founder share selling is another near-term overhang, particularly after the stock’s recent rebound. Investors may also react negatively if revenue growth fails to keep pace with newly installed capacity. CoreWeave Must Prove Whether the Revenue Ramp Can Catch Up

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.