CoreWeave (NASDAQ:CRWV) Stock Gets Price Target Cut from Barclays

CoreWeave (NASDAQ:CRWV) had its price objective reduced by Barclays from $105.00 to $85.00 in a research report report published on Thursday morning,Benzinga reports. Barclays currently has an equal weight rating on the stock.

CRWV has been the topic of a number of other reports. Moffett Nathanson set a $89.00 target price on shares of CoreWeave in a research report on Monday, October 19th. Argus lowered their price target on CoreWeave from $150.00 to $100.00 and set a “buy” rating for the company in a report on Thursday. Truist Financial dropped their price objective on CoreWeave from $165.00 to $115.00 and set a “buy” rating on the stock in a research note on Wednesday. Wells Fargo & Company reduced their price objective on CoreWeave from $160.00 to $115.00 and set an “overweight” rating on the stock in a report on Monday, November 9th. Finally, DA Davidson decreased their target price on CoreWeave from $100.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday. Twenty-six research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, CoreWeave has an average rating of “Moderate Buy” and a consensus price target of $116.66.

CoreWeave Trading Down 6.1%

Shares of NASDAQ CRWV traded down $3.47 during mid-day trading on Thursday, reaching $53.13. The company had a trading volume of 79,777,131 shares, compared to its average volume of 74,274,896. The business’s 50-day moving average is $72.60 and its 200-day moving average is $88.80. 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 stock has a market cap of $24.38 billion, a price-to-earnings ratio of -11.30 and a beta of 7.71. CoreWeave has a 52 week low of $40.58 and a 52 week high of $138.25.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Tuesday, November 10th. The company reported ($0.95) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.45) by $0.50. The company had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.54 billion. CoreWeave had a negative net margin of 25.56% and a negative return on equity of 59.42%. The firm’s revenue for the quarter was up 168.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.22) EPS. Equities analysts expect that CoreWeave will post -4.99 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Kristen Mcveety sold 156,000 shares of CoreWeave stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $81.63, for a total value of $12,734,280.00. Following the transaction, the insider directly owned 123,313 shares in the company, valued at approximately $10,066,040.19. This trade represents a 55.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Intrator sold 200,000 shares of CoreWeave stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $95.72, for a total value of $19,144,000.00. Following the completion of the transaction, the chief executive officer owned 1,676,815 shares in the company, valued at $160,504,731.80. This represents a 10.66% decrease in their ownership of the stock. 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 3,419,887 shares of company stock valued at $304,094,910 over the last 90 days. Corporate insiders own 24.20% of the company’s stock.

Hedge Funds Weigh In On CoreWeave

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Parallel Advisors LLC raised its holdings in shares of CoreWeave by 4.0% in the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock worth $181,000 after buying an additional 91 shares during the last quarter. Pathway Wealth Management LLC lifted its stake in shares of CoreWeave by 2.9% during the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock worth $278,000 after buying an additional 100 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of CoreWeave by 3.6% during the second quarter. Sequoia Financial Advisors LLC now owns 4,128 shares of the company’s stock worth $411,000 after buying an additional 145 shares during the period. Cooper Financial Group grew its holdings in shares of CoreWeave by 5.0% during the third quarter. Cooper Financial Group now owns 3,066 shares of the company’s stock valued at $267,000 after buying an additional 147 shares during the last quarter. Finally, Crumly & Associates Inc. grew its holdings in shares of CoreWeave by 0.4% during the third quarter. Crumly & Associates Inc. now owns 34,602 shares of the company’s stock valued at $3,015,000 after buying an additional 150 shares during the last quarter.

More CoreWeave News

Here’s some of the latest news about CRWV:

• Positive Sentiment: CoreWeave reported Q3 revenue of $3.66 billion, up 168% year over year and above expectations, and raised its 2026 revenue outlook to $13.0–$13.3 billion. Its $132.5 billion backlog and reports that AI demand exceeds available capacity underpin expectations for continued growth. Q3 earnings impress, outlook raised
• Neutral Sentiment: Analyst actions were mixed: Barclays cut its target to $85 and kept an Equal Weight rating, while Argus lowered its target to $100 but maintained Buy. The revisions reflect continued debate over valuation and execution. Barclays lowers price target
• Negative Sentiment: Debt remains a central risk: reports cite net debt of roughly $42.7 billion, high interest costs and potential dilution, while rapid revenue growth has not yet translated into consistent profitability. Is CoreWeave making money?

About CoreWeave

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.