Citigroup Lowers CoreWeave (NASDAQ:CRWV) Price Target to $126.00

CoreWeave (NASDAQ:CRWV) had its price objective lowered by stock analysts at Citigroup from $135.00 to $126.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Citigroup’s price objective would suggest a potential upside of 68.40% from the company’s previous close.

A number of other brokerages also recently issued reports on CRWV. Barclays reduced their price target on CoreWeave from $120.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Monday, January 12th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $110.00 target price on shares of CoreWeave in a research report on Tuesday, November 11th. HC Wainwright restated a “buy” rating and set a $180.00 price target on shares of CoreWeave in a report on Monday. Evercore decreased their price objective on CoreWeave from $175.00 to $160.00 and set an “outperform” rating for the company in a report on Tuesday, November 11th. Finally, Needham & Company LLC restated a “hold” rating on shares of CoreWeave in a research report on Friday, February 27th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $121.77.

CoreWeave Stock Performance

NASDAQ:CRWV opened at $74.82 on Wednesday. The stock has a 50 day simple moving average of $88.54 and a 200 day simple moving average of $98.84. The stock has a market cap of $31.35 billion and a P/E ratio of -23.38. CoreWeave has a 1-year low of $33.51 and a 1-year high of $187.00. The company has a current ratio of 0.46, a quick ratio of 0.49 and a debt-to-equity ratio of 4.46.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.28). The firm had revenue of $1.57 billion for the quarter. CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The company’s revenue was up 110.4% on a year-over-year basis.

Insider Buying and Selling at CoreWeave

In other news, CFO Nitin Agrawal sold 3,920 shares of CoreWeave stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $73.20, for a total value of $286,944.00. Following the completion of the sale, the chief financial officer owned 169,185 shares in the company, valued at $12,384,342. The trade was a 2.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Michael N. Intrator sold 32,456 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $99.95, for a total transaction of $3,243,977.20. Following the transaction, the chief executive officer directly owned 5,731,412 shares in the company, valued at approximately $572,854,629.40. This represents a 0.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,340,085 shares of company stock valued at $373,147,282 over the last ninety days.

Hedge Funds Weigh In On CoreWeave

Several institutional investors have recently made changes to their positions in CRWV. Vanguard Group Inc. increased its position in CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after buying an additional 20,487,478 shares in the last quarter. Proficio Capital Partners LLC grew its stake in CoreWeave by 446,194.0% in the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock valued at $2,443,013,000 after purchasing an additional 17,847,760 shares during the period. Deutsche Bank AG grew its position in CoreWeave by 22,624.0% during the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock valued at $273,039,000 after buying an additional 3,796,077 shares during the period. Altimeter Capital Management LP purchased a new position in CoreWeave in the fourth quarter valued at approximately $230,099,000. Finally, Alyeska Investment Group L.P. grew its holdings in CoreWeave by 300.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock valued at $286,440,000 after purchasing an additional 3,000,000 shares during the period.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced a multi‑year deal to power Perplexity’s AI inference workloads, validating CoreWeave’s positioning in the high‑performance inference market and supporting long‑term revenue visibility. CoreWeave Just Landed a Deal That Signals Where AI Is Headed
• Positive Sentiment: Analysts and deep‑dive pieces highlight CoreWeave’s very large backlog (~$66.8B reported) and rapid revenue growth, which provide multi‑year contracted demand that supports long‑term upside if execution and capital deployment are successful. CoreWeave Is Attractively Valued, But Execution Is Crucial
• Neutral Sentiment: Street reactions are mixed: some firms (e.g., Citigroup, Barclays, HC Wainwright) keep constructive views or reiterate coverage but differ on targets and conviction, producing diverging near‑term signals for the stock. Barclays Remain a Buy on CoreWeave (CRWV)
• Neutral Sentiment: Management presented at industry conferences (Morgan Stanley) and provided forward guidance and backlog metrics — useful for modeling, but investors remain split on the cadence of margin recovery and capex execution. CoreWeave Presents at Morgan Stanley TMT Conference (Transcript)
• Negative Sentiment: Multiple securities‑fraud class actions were filed and several plaintiff firms are soliciting lead‑plaintiff motions, increasing legal risk and potential future liabilities that tend to pressure the stock. Pomerantz Law Firm Announces the Filing of a Class Action Against CoreWeave
• Negative Sentiment: Q4 results and guidance shocked the market: CoreWeave reported a wider net loss (cited ~$452M) and an EPS miss, and management signaled very large 2026 capex needs — raising concerns about near‑term dilution, higher interest expense and execution risk. CoreWeave’s CapEx Shock Spooks The Market
• Negative Sentiment: Sanford C. Bernstein (coverage) set an underperform rating and low price target, and multiple law‑firm alerts amplified downside sentiment — both contributed to selling pressure by increasing short‑term bearish narratives. Bernstein Coverage / Analyst Note (Benzinga)

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.