CoreWeave (NASDAQ:CRWV) Stock Falls 6.9% After Analyst Downgrade

CoreWeave Inc. (NASDAQ:CRWV)’s share price was down 6.9% on Thursday after Barclays lowered their price target on the stock from $105.00 to $85.00. Barclays currently has an equal weight rating on the stock. CoreWeave traded as low as $50.17 and last traded at $56.60. Approximately 106,979,892 shares were traded during trading, an increase of 220% from the average daily volume of 33,427,758 shares. The stock had previously closed at $60.77.

Other equities research analysts also recently issued reports about the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of CoreWeave in a research report on Monday, September 21st. BTIG Research initiated coverage on CoreWeave in a research report on Wednesday, July 22nd. They set a “buy” rating for the company. Roth Capital set a $145.00 target price on CoreWeave in a research note on Thursday, August 13th. Needham & Company LLC reaffirmed a “hold” rating on shares of CoreWeave in a report on Wednesday. Finally, Truist Financial dropped their price target on CoreWeave from $165.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday. Twenty-seven investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $117.58.

Insider Transactions at CoreWeave

In other news, EVP Chen Goldberg sold 19,904 shares of the company’s stock in a transaction dated Thursday, November 5th. The shares were sold at an average price of $46.50, for a total transaction of $925,536.00. Following the completion of the transaction, the executive vice president owned 68,149 shares of the company’s stock, valued at approximately $3,168,928.50. This represents a 22.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Jonathan Jones sold 21,569 shares of the company’s stock in a transaction dated Tuesday, October 13th. The shares were sold at an average price of $77.42, for a total transaction of $1,669,871.98. Following the transaction, the executive directly owned 5,392 shares of the company’s stock, valued at $417,448.64. This represents a 80.00% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 3,727,018 shares of company stock worth $337,495,407. 24.20% of the stock is currently owned by insiders.

Recent CoreWeave Headlines

Here are a few of the latest headlines about CRWV:

• Positive Sentiment: Strong demand and raised outlook: Third-quarter revenue rose 168% year over year to $3.66 billion, beating expectations, while backlog reached $132.5 billion. CoreWeave raised its 2026 revenue outlook to $13.0 billion–$13.3 billion. Zacks earnings coverage
• Neutral Sentiment: Credit-market concerns may be easing, but remain relevant: CoreWeave’s bonds have reportedly signaled less investor anxiety about its debt than earlier fears suggested. Still, the company’s heavy borrowing and data-center investment needs remain important risks. Yahoo Finance bond coverage
• Negative Sentiment: Analyst targets were cut: Barclays lowered its price target to $85 and assigned an Equal Weight rating, reinforcing caution even though the target remains above the shares’ current level. Barclays rating update

Hedge Funds Weigh In On CoreWeave

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Alyeska Investment Group L.P. increased its stake in CoreWeave by 55.7% during the second quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock valued at $1,084,117,000 after acquiring an additional 3,897,741 shares during the period. State Street Corp lifted its position in shares of CoreWeave by 9.6% in the 3rd quarter. State Street Corp now owns 7,739,510 shares of the company’s stock worth $674,266,000 after acquiring an additional 680,664 shares during the period. Bank of America Corp DE lifted its position in shares of CoreWeave by 13.1% in the 1st quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock worth $437,870,000 after acquiring an additional 653,398 shares during the period. First Trust Advisors LP grew its holdings in shares of CoreWeave by 27.2% during the 3rd quarter. First Trust Advisors LP now owns 3,470,404 shares of the company’s stock worth $302,342,000 after purchasing an additional 741,620 shares in the last quarter. Finally, Amundi increased its position in shares of CoreWeave by 266.2% during the first quarter. Amundi now owns 3,284,121 shares of the company’s stock valued at $254,421,000 after purchasing an additional 2,387,337 shares during the period.

CoreWeave Trading Down 6.9%

The firm has a market capitalization of $25.97 billion, a P/E ratio of -12.04 and a beta of 7.71. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. The business has a 50-day moving average price of $73.71 and a 200-day moving average price of $89.28.

CoreWeave (NASDAQ:CRWV) last issued its earnings results on Tuesday, November 10th. The company reported ($0.95) EPS for the quarter, topping the consensus estimate of ($1.45) by $0.50. The firm had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $3.54 billion. CoreWeave had a negative return on equity of 59.42% and a negative net margin of 25.56%. CoreWeave’s quarterly revenue was up 168.2% compared to the same quarter last year. During the same period last year, the business earned ($0.22) earnings per share. Analysts anticipate that CoreWeave Inc. will post -4.99 earnings per share for the current year.

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.