CoreWeave (NASDAQ:CRWV) Earns Underperform Rating from Analysts at Sanford C. Bernstein

Sanford C. Bernstein initiated coverage on shares of CoreWeave (NASDAQ:CRWV) in a research note published on Thursday morning, MarketBeat.com reports. The brokerage issued an underperform rating and a $56.00 price objective on the stock.

Several other research analysts also recently weighed in on the stock. Macquarie Infrastructure reissued a “neutral” rating and issued a $115.00 target price on shares of CoreWeave in a research note on Tuesday, January 27th. HC Wainwright reaffirmed a “buy” rating and set a $180.00 price target on shares of CoreWeave in a research note on Monday, March 2nd. Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a report on Friday, February 27th. Evercore cut their price objective on shares of CoreWeave from $175.00 to $160.00 and set an “outperform” rating for the company in a research report on Tuesday, November 11th. Finally, Citizens Jmp restated a “market outperform” rating and set a $180.00 target price on shares of CoreWeave in a research report on Friday, February 27th. Eighteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $122.35.

CoreWeave Price Performance

CRWV stock opened at $72.99 on Thursday. The stock’s 50 day moving average price is $88.48 and its 200 day moving average price is $98.72. The firm has a market cap of $30.58 billion and a P/E ratio of -22.81. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.49 and a current ratio of 0.46. CoreWeave has a 1 year low of $33.51 and a 1 year high of $187.00.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings results 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). CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The company had revenue of $1.57 billion for the quarter. The firm’s quarterly revenue was up 110.4% on a year-over-year basis.

Insider Transactions at CoreWeave

In other CoreWeave news, EVP Chen Goldberg sold 18,950 shares of CoreWeave stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $90.84, for a total value of $1,721,418.00. Following the completion of the sale, the executive vice president owned 58,689 shares in the company, valued at $5,331,308.76. The trade was a 24.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael N. Intrator sold 32,456 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were 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 of the company’s stock, valued at approximately $572,854,629.40. This represents a 0.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 4,621,335 shares of company stock worth $395,458,845 in the last quarter.

Hedge Funds Weigh In On CoreWeave

Institutional investors and hedge funds have recently bought and sold shares of the stock. Hazlett Burt & Watson Inc. boosted its holdings in shares of CoreWeave by 34.7% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock valued at $33,000 after purchasing an additional 119 shares during the last quarter. Chilton Capital Management LLC raised its position in shares of CoreWeave by 50.2% in the 3rd quarter. Chilton Capital Management LLC now owns 362 shares of the company’s stock worth $50,000 after buying an additional 121 shares during the period. Cullen Frost Bankers Inc. boosted its holdings in CoreWeave by 45.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after acquiring an additional 121 shares during the last quarter. Family Legacy Financial Solutions LLC boosted its holdings in CoreWeave by 166.7% in the third quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock valued at $27,000 after acquiring an additional 125 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its position in CoreWeave by 26.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 600 shares of the company’s stock valued at $43,000 after acquiring an additional 125 shares during the period.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Won a multi‑year agreement to power Perplexity’s AI inference workloads, validating CoreWeave’s performance positioning in the high‑margin inference market and supporting long‑term revenue growth. Read More.
• Positive Sentiment: Backlog surged to $66.8B (up >4x YoY), giving strong contract visibility that supports management’s aggressive expansion plan and future revenue conversion. Read More.
• Positive Sentiment: Oppenheimer initiated coverage with an “Outperform” and a $140 price target, signaling conviction in CRWV’s multi‑year growth runway despite current headwinds. Read More.
• Neutral Sentiment: Company presented at the Morgan Stanley TMT conference (analyst/transcript coverage) — useful for model/visibility but not an immediate catalyst. Read More.
• Negative Sentiment: Multiple class‑action filings and numerous law‑firm deadline notices following Q4 results — litigation risk, potential legal costs and management distraction that typically pressure share prices. Read More.
• Negative Sentiment: Large Q4 loss (~$452M), soft guidance and reports of a $30–$35B 2026 capex plan have sparked “capex shock” concerns — raises near‑term cash‑flow and profitability risk despite backlog. Read More. Read More.
• Negative Sentiment: Negative analyst moves (Sanford C. Bernstein “underperform/strong sell” coverage) and recent CFO share sales amplify downside sentiment and signal caution to some investors. Read More. Read More.

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.