CoreWeave Inc. (NASDAQ:CRWV) Receives Consensus Recommendation of “Hold” from Analysts

Shares of CoreWeave Inc. (NASDAQ:CRWV) have been assigned a consensus recommendation of “Hold” from the twenty-six analysts that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, fifteen have given a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $107.0476.

A number of equities research analysts have recently weighed in on CRWV shares. Macquarie raised their price target on CoreWeave from $65.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of CoreWeave in a research note on Wednesday, August 13th. HC Wainwright raised CoreWeave from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a research note on Thursday. The Goldman Sachs Group raised their price target on CoreWeave from $54.00 to $61.00 and gave the stock a “neutral” rating in a research note on Friday, May 16th. Finally, Wells Fargo & Company raised their price target on CoreWeave from $60.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 13th.

CoreWeave Price Performance

Shares of CoreWeave stock opened at $93.99 on Monday. The business has a 50-day simple moving average of $133.71. The company has a debt-to-equity ratio of 2.79, a current ratio of 0.52 and a quick ratio of 0.52. CoreWeave has a 1 year low of $33.51 and a 1 year high of $187.00.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Tuesday, August 12th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.07). The company had revenue of $1.21 million during the quarter. CoreWeave’s revenue was up 206.7% compared to the same quarter last year. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Insider Activity at CoreWeave

In other news, insider Brannin Mcbee sold 375,000 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $91.71, for a total transaction of $34,391,250.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Magnetar Financial Llc sold 549,682 shares of the firm’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $100.78, for a total value of $55,396,951.96. Following the sale, the insider directly owned 395,707 shares of the company’s stock, valued at $39,879,351.46. This trade represents a 58.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 3,422,678 shares of company stock worth $333,910,148.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Aua Capital Management LLC acquired a new position in shares of CoreWeave during the 2nd quarter valued at about $397,000. RFG Holdings Inc. acquired a new position in shares of CoreWeave during the 2nd quarter valued at about $1,450,000. Sivia Capital Partners LLC acquired a new position in shares of CoreWeave during the 2nd quarter valued at about $39,824,000. Veracity Capital LLC acquired a new position in shares of CoreWeave during the 2nd quarter valued at about $505,000. Finally, Webster Bank N. A. acquired a new position in shares of CoreWeave during the 2nd quarter valued at about $82,000.

About CoreWeave

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.