CoreWeave (NASDAQ:CRWV) Raised to Buy at DA Davidson

CoreWeave (NASDAQ:CRWV) was upgraded by equities research analysts at DA Davidson from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, MarketBeat Ratings reports. The brokerage presently has a $110.00 price objective on the stock. DA Davidson’s target price would suggest a potential upside of 7.71% from the stock’s current price.

CRWV has been the topic of a number of other reports. UBS Group reaffirmed a “neutral” rating on shares of CoreWeave in a research note on Friday, January 16th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $110.00 price objective on shares of CoreWeave in a report on Tuesday, November 11th. HC Wainwright reaffirmed a “buy” rating and set a $180.00 target price on shares of CoreWeave in a report on Wednesday, November 12th. Roth Mkm began coverage on shares of CoreWeave in a research report on Thursday, December 4th. They issued a “buy” rating and a $110.00 target price for the company. Finally, Truist Financial initiated coverage on shares of CoreWeave in a research note on Tuesday, January 6th. They issued a “hold” rating and a $84.00 price target on the stock. Seventeen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $123.83.

CoreWeave Stock Performance

CoreWeave stock traded up $9.15 during mid-day trading on Monday, hitting $102.13. The company had a trading volume of 27,753,985 shares, compared to its average volume of 27,090,926. The company has a market capitalization of $39.46 billion and a price-to-earnings ratio of -70.43. CoreWeave has a 12-month low of $33.51 and a 12-month high of $187.00. The company’s fifty day moving average is $80.52 and its 200-day moving average is $104.64. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 2.66.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Monday, November 10th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.36) by $0.14. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the prior year, the firm earned ($1.82) earnings per share. The business’s revenue for the quarter was up 133.7% on a year-over-year basis.

Insider Activity at CoreWeave

In other CoreWeave news, insider Brian M. Venturo sold 281,250 shares of the company’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $137.80, for a total transaction of $38,756,250.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Magnetar Financial Llc sold 804,514 shares of the firm’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $138.48, for a total value of $111,409,098.72. Following the transaction, the insider owned 302,294 shares of the company’s stock, valued at approximately $41,861,673.12. This represents a 72.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 7,674,171 shares of company stock worth $840,445,742.

Hedge Funds Weigh In On CoreWeave

Several hedge funds and other institutional investors have recently made changes to their positions in CRWV. Renaissance Capital LLC boosted its holdings in shares of CoreWeave by 49.9% in the 3rd quarter. Renaissance Capital LLC now owns 47,162 shares of the company’s stock valued at $6,454,000 after buying an additional 15,697 shares in the last quarter. Munro Partners lifted its position in CoreWeave by 5,272.4% in the third quarter. Munro Partners now owns 616,485 shares of the company’s stock valued at $84,366,000 after acquiring an additional 605,010 shares during the last quarter. Apexium Financial LP purchased a new stake in CoreWeave in the second quarter valued at $1,044,000. Chung Wu Investment Group LLC acquired a new position in CoreWeave in the second quarter valued at $755,000. Finally, HWG Holdings LP purchased a new position in shares of CoreWeave during the third quarter worth about $1,863,000.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Nvidia agreed to invest $2 billion in CoreWeave to expand their partnership and help build “AI factories” using Nvidia’s computing platform — a large strategic vote of confidence that accelerates CoreWeave’s data?center buildout and capacity for AI workloads. Article Title
• Positive Sentiment: Market response: outlets report CoreWeave stock jumped roughly 10% after the Nvidia announcement, reflecting investor enthusiasm that the cash and collaboration will speed revenue growth and GPU capacity expansion. Article Title
• Neutral Sentiment: High?profile mentions (e.g., Jim Cramer coverage) keep CoreWeave in retail/institutional view, which can amplify moves but does not change fundamentals by itself. Article Title
• Negative Sentiment: Multiple securities?fraud class action filings and law?firm notices allege misrepresentations about CoreWeave’s infrastructure and seek lead plaintiffs — legal exposure and potential damages, plus litigation costs, create headline risk and can pressure the stock. Article Title
• Negative Sentiment: Insider selling totaling about $25.8 million was reported, which investors often view as a negative signal on near?term insider conviction. Article Title

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.