CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) CEO Michael Intrator sold 200,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $106.74, for a total transaction of $21,348,000.00. Following the completion of the transaction, the chief executive officer owned 4,076,815 shares in the company, valued at $435,159,233.10. This represents a 4.68% decrease in their ownership of the stock. The sale 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.
CoreWeave Stock Performance
CRWV traded up $2.59 during mid-day trading on Thursday, hitting $106.86. The stock had a trading volume of 23,261,036 shares, compared to its average volume of 27,448,842. The stock’s fifty day simple moving average is $102.09 and its 200-day simple moving average is $90.49. 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 Inc. has a 1-year low of $63.80 and a 1-year high of $187.00.
CoreWeave (NASDAQ:CRWV – Get Free Report) last posted its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.28). The firm had revenue of $1.57 billion during the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company’s revenue for the quarter was up 110.4% compared to the same quarter last year. Sell-side analysts anticipate that CoreWeave Inc. will post -4.58 earnings per share for the current year.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on CRWV shares. Citizens Jmp restated a “market outperform” rating and set a $180.00 price objective on shares of CoreWeave in a report on Friday, February 27th. Cantor Fitzgerald raised their price objective on shares of CoreWeave from $156.00 to $167.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Sanford C. Bernstein raised their price objective on shares of CoreWeave from $56.00 to $67.00 and gave the stock an “underperform” rating in a report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $135.00 price objective on shares of CoreWeave in a report on Friday, May 8th. Finally, Mizuho raised their price objective on shares of CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Nineteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $129.63.
Get Our Latest Research Report on CRWV
CoreWeave News Summary
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: CoreWeave launched unified agentic AI capabilities that link training and inference in a closed feedback loop, a move that could deepen its role in the AI stack beyond basic cloud infrastructure and support longer-term growth expectations. CoreWeave’s Closed Loop Agentic AI Aims To Reshape Growth Expectations
- Positive Sentiment: Analysts remain constructive overall, with Citi recently raising its price target to $158 and maintaining a Buy rating, reinforcing the view that CRWV remains a momentum name tied to AI spending. Here’s What Analysts Think About CoreWeave, Inc. (CRWV)
- Positive Sentiment: CoreWeave said it will present at the BofA Securities Global Technology Conference on June 3, which could keep investor attention on the name and provide another platform to discuss AI demand and strategy. CoreWeave to Participate in the BofA Securities Global Technology Conference
- Neutral Sentiment: Short-interest data showed no meaningful change in the latest report, so while short-selling remains a talking point, the newest figures do not add a fresh technical catalyst.
- Negative Sentiment: Several recent articles focus on why investors are shorting CRWV and question whether the company’s backlog fully supports its high valuation, suggesting some traders remain wary of the stock’s fundamentals. Here’s why investors are shorting CoreWeave stock CoreWeave: Something Doesn’t Add Up About The Backlog
CoreWeave Company Profile
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.
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