CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) Now Covered by Analysts at Mizuho

Mizuho started coverage on shares of CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) in a report published on Tuesday morning, Marketbeat reports. The firm issued an outperform rating and a $46.00 price target on the stock.

CRWV has been the topic of a number of other reports. DA Davidson upgraded CoreWeave, Inc. Class A Common Stock to a “hold” rating in a report on Sunday, March 30th. Morgan Stanley initiated coverage on CoreWeave, Inc. Class A Common Stock in a research note on Tuesday. They issued an “equal weight” rating and a $46.00 target price on the stock. Citigroup started coverage on CoreWeave, Inc. Class A Common Stock in a research report on Tuesday. They set a “neutral” rating and a $43.00 price target for the company. Stifel Nicolaus started coverage on shares of CoreWeave, Inc. Class A Common Stock in a report on Tuesday. They issued a “buy” rating and a $55.00 price objective on the stock. Finally, JPMorgan Chase & Co. initiated coverage on shares of CoreWeave, Inc. Class A Common Stock in a report on Tuesday. They set an “overweight” rating and a $43.00 target price for the company. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.86.

CoreWeave, Inc. Class A Common Stock Stock Performance

CRWV opened at $38.51 on Tuesday. CoreWeave, Inc. Class A Common Stock has a 12 month low of $33.51 and a 12 month high of $64.62.

Insider Activity at CoreWeave, Inc. Class A Common Stock

In other CoreWeave, Inc. Class A Common Stock news, Director Jack D. Cogen sold 220,760 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $47.56, for a total value of $10,499,345.60. Following the transaction, the director now directly owns 126,220 shares in the company, valued at $6,003,023.20. The trade was a 63.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Kristen J. Mcveety sold 69,460 shares of the firm’s stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $40.00, for a total transaction of $2,778,400.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 302,940 shares of company stock worth $13,786,546.

CoreWeave, Inc. Class A Common Stock Company Profile

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.