CoreWeave Inc. (CRWV) – What Are Investment Firms Saying About This Stock?

Shares of CoreWeave Inc. (NASDAQ:CRWV) have received a consensus rating of “Moderate Buy” from the thirty-eight research firms that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and twenty-seven have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $130.24.

A number of brokerages have recently issued reports on CRWV. Truist Financial upped their price target on CoreWeave from $155.00 to $165.00 and gave the company a “buy” rating in a report on Monday, August 24th. Raymond James Financial reiterated an “outperform” rating and issued a $75.00 price objective on shares of CoreWeave in a report on Monday. Morgan Stanley decreased their target price on CoreWeave from $99.00 to $70.00 and set an “equal weight” rating for the company in a research report on Friday, October 23rd. William Blair started coverage on shares of CoreWeave in a research note on Wednesday, September 30th. They set an “outperform” rating on the stock. Finally, TD Cowen raised shares of CoreWeave to a “buy” rating in a report on Wednesday, July 22nd.

Insider Activity at CoreWeave

In other CoreWeave news, insider Brannin Mcbee sold 56,531 shares of CoreWeave stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $87.69, for a total transaction of $4,957,203.39. Following the transaction, the insider owned 392,279 shares of the company’s stock, valued at $34,398,945.51. The trade was a 12.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Nitin Agrawal sold 22,579 shares of the company’s stock in a transaction on Monday, October 12th. The stock was sold at an average price of $80.13, for a total transaction of $1,809,255.27. Following the completion of the transaction, the chief financial officer directly owned 110,017 shares of the company’s stock, valued at $8,815,662.21. This represents a 17.03% 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 sold a total of 4,795,101 shares of company stock valued at $433,497,518 in the last three months. Corporate insiders own 24.20% of the company’s stock.

Institutional Investors Weigh In On CoreWeave

A number of institutional investors have recently added to or reduced their stakes in the stock. 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 buying an additional 3,897,741 shares during the period. State Street Corp raised its stake in shares of CoreWeave by 139.7% in the second quarter. State Street Corp now owns 7,058,846 shares of the company’s stock valued at $702,638,000 after acquiring an additional 4,113,873 shares during the period. Bank of America Corp DE raised its stake in shares of CoreWeave by 13.1% in the first quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock valued at $437,870,000 after acquiring an additional 653,398 shares during the period. Amundi raised its stake in shares of CoreWeave by 266.2% in the first quarter. Amundi now owns 3,284,121 shares of the company’s stock valued at $254,421,000 after acquiring an additional 2,387,337 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of CoreWeave by 32.0% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,288,909 shares of the company’s stock worth $199,410,000 after acquiring an additional 555,128 shares during the last quarter.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave is adding AI-cloud capacity in Denmark and building a dedicated backbone connecting Europe with customers in the Middle East and Asia-Pacific. Management says the expanded platform will serve enterprise AI clients across four continents, supporting the company’s long-term growth strategy. CoreWeave Adds Denmark Capacity to Its Global AI Cloud Platform
• Positive Sentiment: A bullish investment analysis highlights CoreWeave’s potentially rapid growth as demand for AI computing expands, though the opportunity is framed as most suitable for aggressive investors because of the company’s risk profile. CoreWeave’s Meteoric Growth Potential
• Neutral Sentiment: Analysts continue to rate CoreWeave around “Moderate Buy,” while comparisons with Microsoft emphasize CRWV’s greater upside potential but also substantially higher risk, debt and concentration. CoreWeave Rated Moderate Buy
• Negative Sentiment: AI-cloud stocks sold off as investors questioned whether major technology companies will continue spending aggressively on outside computing capacity. Microsoft’s lower-than-expected capital expenditures intensified concerns about AI infrastructure demand, data-center delivery timelines and future revenue growth for neocloud providers. Why Neocloud Stocks Are Falling After Microsoft’s Capex Miss
• Negative Sentiment: Comments attributed to Microsoft CEO Satya Nadella criticizing business models dependent on renting AI capacity to a small number of large customers raised concerns about CoreWeave’s customer concentration and business durability. Satya Nadella Just Took a Shot at Oracle and CoreWeave
• Negative Sentiment: Reports that CoreWeave’s debt prices have weakened sharply are fueling fears about refinancing and potential default risk. The company’s leveraged balance sheet makes higher interest costs, slower customer demand or delayed data-center deployments particularly damaging. Elon Musk vs. Jensen Huang: Who Is Right About CoreWeave?
• Negative Sentiment: A shareholder litigation firm said it is investigating potential claims involving CoreWeave’s officers and directors, adding a legal and reputational risk overhang. Investor Action Notice Regarding CoreWeave

CoreWeave Price Performance

Shares of CRWV opened at $54.87 on Friday. The company has a market capitalization of $25.18 billion, a P/E ratio of -15.03 and a beta of 7.36. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. The firm has a 50 day moving average of $79.45 and a 200 day moving average of $91.02. CoreWeave has a twelve month low of $51.24 and a twelve month high of $138.36.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.52) by $0.38. The business had revenue of $2.58 billion for the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%. The business’s revenue was up 112.5% compared to the same quarter last year. During the same period last year, the company posted ($0.27) earnings per share. As a group, equities research analysts anticipate that CoreWeave will post -4.97 earnings per share for the current fiscal year.

CoreWeave Company Profile

CoreWeave, Inc is a specialized cloud computing company that provides infrastructure designed for artificial intelligence (AI), machine learning, and other high-performance computing workloads. Its platform gives customers access to accelerated computing resources, including graphics processing units (GPUs), along with the networking, storage, and software tools needed to develop, train, and deploy demanding applications.

The company offers cloud services for AI model training and inference, visual effects and rendering, scientific computing, and other data-intensive workloads.