CoreWeave (NASDAQ:CRWV) Trading 5.5% Higher After Analyst Upgrade

Shares of CoreWeave Inc. (NASDAQ:CRWV) traded up 5.5% during trading on Wednesday after Bank of America upgraded the stock from a neutral rating to a buy rating. Bank of America now has a $100.00 price target on the stock. CoreWeave traded as high as $88.75 and last traded at $87.58. 18,699,141 shares changed hands during trading, a decline of 28% from the average session volume of 26,118,121 shares. The stock had previously closed at $83.02.

A number of other equities research analysts have also issued reports on the stock. Macquarie Infrastructure reissued a “neutral” rating and set a $115.00 target price on shares of CoreWeave in a research note on Tuesday, January 27th. HC Wainwright reaffirmed a “buy” rating and issued a $180.00 price target on shares of CoreWeave in a research note on Monday, March 2nd. Wells Fargo & Company cut their price objective on CoreWeave from $150.00 to $125.00 and set an “overweight” rating for the company in a report on Thursday, January 8th. Citigroup reduced their price objective on CoreWeave from $135.00 to $126.00 and set a “buy” rating for the company in a research report on Wednesday, March 4th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $131.00 target price on shares of CoreWeave in a research note on Friday, February 27th. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $121.06.

Insider Activity

In related news, CEO Michael N. Intrator sold 111,427 shares of CoreWeave stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $72.39, for a total value of $8,066,200.53. Following the completion of the sale, the chief executive officer owned 5,922,620 shares of the company’s stock, valued at approximately $428,738,461.80. The trade was a 1.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Brian M. Venturo sold 281,250 shares of the company’s stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $91.77, for a total transaction of $25,810,312.50. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 4,672,229 shares of company stock worth $397,217,755.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: BofA upgraded CoreWeave to a “Buy” and set a $100 price target, citing the company’s AI positioning — the upgrade helped lift sentiment and likely triggered buying from institutions and momentum players. Analyst: AI Advantage Makes CoreWeave Stock a ‘Buy’
• Positive Sentiment: CoreWeave won a contract with Zonos to power AI-driven cross‑border commerce systems — a commercial win that may translate into multi‑year, recurring cloud revenue and better utilization for its GPU infrastructure. CoreWeave Selected by Zonos
• Positive Sentiment: Analyst writeups (Zacks) highlight the Zonos deal as the kind of recurring, enterprise SaaS-style revenue CoreWeave needs to stabilize growth and margins — reinforcing the view that new enterprise deals can improve revenue quality. CoreWeave Wins Zonos Contract: A New Recurring Revenue Opportunity?
• Neutral Sentiment: Valuation checks and commentary note the recent pullback has made CRWV more approachable for some investors, but opinions differ on whether the stock is fairly priced given execution risk and capex needs. Valuation Check After Recent Pullback
• Neutral Sentiment: Longer-form analysis frames CoreWeave as a “compelling risk/reward” but flags a capex backlog that could weigh on near‑term cash flow — mixed implications for investors balancing growth vs. profitability. Compelling Risk/Reward Despite Capex Backlog
• Neutral Sentiment: Commentary pieces argue CoreWeave (and peers) can counter AI skepticism if execution and product performance continue to improve — supportive narrative but not immediate catalyst. How CoreWeave Can Prove AI Doubters Wrong
• Negative Sentiment: A RiverPark investor letter and other coverage note shares have fallen at times despite >40% revenue growth, underscoring investor concern that top-line momentum hasn’t yet translated into sustainable profits. CoreWeave Fell Despite >40% Revenue Growth
• Negative Sentiment: Broader scrutiny (e.g., Michael Burry‑linked commentary) about accounting and depreciation for AI hardware could keep pressure on valuation multiples for GPU‑heavy cloud providers if regulators or investors demand more conservative assumptions. Was Michael Burry Right About AI Stocks?

Institutional Inflows and Outflows

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

CoreWeave Stock Up 5.5%

The firm has a market capitalization of $36.70 billion and a price-to-earnings ratio of -27.37. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.46 and a current ratio of 0.46. The business’s 50 day moving average is $89.08 and its 200-day moving average is $97.55.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $1.57 billion for the quarter. CoreWeave’s revenue for the quarter was up 110.4% on a year-over-year basis.

CoreWeave Company Profile

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.