CoreWeave (NASDAQ:CRWV – Get Free Report) had its price target cut by equities researchers at Barclays from $105.00 to $85.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Barclays‘s price objective would suggest a potential upside of 50.89% from the company’s previous close.
Several other equities research analysts have also recently issued reports on the stock. Truist Financial reduced their price objective on shares of CoreWeave from $165.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday. Stifel Nicolaus dropped their target price on shares of CoreWeave from $120.00 to $60.00 and set a “hold” rating for the company in a research report on Wednesday. TD Cowen raised shares of CoreWeave to a “buy” rating in a research note on Wednesday, July 22nd. Northland Securities set a $200.00 target price on shares of CoreWeave in a research note on Wednesday, October 7th. Finally, Mizuho set a $68.00 price target on shares of CoreWeave in a report on Wednesday. Twenty-seven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, CoreWeave has a consensus rating of “Moderate Buy” and an average price target of $117.58.
Check Out Our Latest Stock Report on CoreWeave
CoreWeave Price Performance
Shares of NASDAQ:CRWV traded down $4.44 during trading on Thursday, hitting $56.33. 83,759,854 shares of the company’s stock were exchanged, compared to its average volume of 33,306,414. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46. CoreWeave has a 52-week low of $40.58 and a 52-week high of $138.25. The business’s 50-day simple moving average is $73.71 and its 200 day simple moving average is $89.28. The company has a market cap of $25.85 billion, a price-to-earnings ratio of -12.05 and a beta of 7.71.
CoreWeave (NASDAQ:CRWV – Get Free Report) last posted its quarterly earnings results on Tuesday, November 10th. The company reported ($0.95) EPS for the quarter, topping analysts’ consensus estimates of ($1.45) by $0.50. CoreWeave had a negative return on equity of 59.42% and a negative net margin of 25.56%. The company had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $3.54 billion. During the same period in the previous year, the firm earned ($0.22) EPS. The firm’s revenue was up 168.2% compared to the same quarter last year. As a group, equities analysts predict that CoreWeave will post -4.99 EPS for the current year.
Insider Buying and Selling at CoreWeave
In other CoreWeave news, major shareholder Magnetar Financial Llc sold 307,131 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $108.75, for a total transaction of $33,400,496.25. Following the sale, the insider directly owned 220,810 shares in the company, valued at $24,013,087.50. This represents a 58.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Michael Intrator sold 200,000 shares of CoreWeave stock in a transaction that occurred on Tuesday, August 18th. The stock was 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 of the company’s stock, valued at approximately $160,504,731.80. This trade represents a 10.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,727,018 shares of company stock worth $337,495,407 in the last 90 days. 24.20% of the stock is currently owned by insiders.
Institutional Trading of CoreWeave
A number of institutional investors have recently bought and sold shares of the stock. Parallel Advisors LLC boosted its stake in CoreWeave by 4.0% during 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 period. Pathway Wealth Management LLC raised its stake in shares of CoreWeave by 2.9% in the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock valued at $278,000 after acquiring an additional 100 shares during the period. Sequoia Financial Advisors LLC raised its stake in shares of CoreWeave by 3.6% in the second quarter. Sequoia Financial Advisors LLC now owns 4,128 shares of the company’s stock valued at $411,000 after acquiring an additional 145 shares during the period. Cooper Financial Group lifted its holdings in shares of CoreWeave by 5.0% in the 3rd quarter. Cooper Financial Group now owns 3,066 shares of the company’s stock worth $267,000 after acquiring an additional 147 shares during the last quarter. Finally, Crumly & Associates Inc. lifted its holdings in shares of CoreWeave by 0.4% in the 3rd quarter. Crumly & Associates Inc. now owns 34,602 shares of the company’s stock worth $3,015,000 after acquiring an additional 150 shares during the last quarter.
More CoreWeave News
Here’s some of the latest news about CRWV:
- Positive Sentiment: Rapid growth and a raised outlook: Third-quarter revenue rose 168% year over year to $3.66 billion, topping estimates, and the loss per share was narrower than expected. CoreWeave raised its 2026 revenue outlook to $13.0–$13.3 billion and reported a $132.5 billion backlog, signaling substantial demand for AI computing. Q3 results and outlook
- Positive Sentiment: Potentially improved funding mix: Customer prepayments and contract-backed financing could help fund expansion, while a reported plan to seek at least $4 billion through an investment-grade loan may provide access to lower-cost capital. Loan financing report
- Neutral Sentiment: Analyst views remain mixed: Argus cut its price target to $100 but retained a Buy rating, reflecting continued optimism alongside more cautious valuation assumptions. Argus rating update
CoreWeave Company Profile
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.
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