CoreWeave (NASDAQ:CRWV) Given New $175.00 Price Target at DA Davidson

CoreWeave (NASDAQ:CRWV) had its price objective upped by DA Davidson from $125.00 to $175.00 in a report issued on Monday,Benzinga reports. They currently have a buy rating on the stock.

Several other brokerages also recently commented on CRWV. Bank of America raised shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price objective for the company in a research note on Tuesday, March 24th. UBS Group reaffirmed a “neutral” rating on shares of CoreWeave in a research note on Friday, January 16th. Roth Mkm reaffirmed a “buy” rating on shares of CoreWeave in a research note on Monday, February 23rd. Jefferies Financial Group lowered their price objective on shares of CoreWeave from $155.00 to $120.00 and set a “buy” rating for the company in a research note on Monday, January 5th. Finally, Cantor Fitzgerald assumed coverage on shares of CoreWeave in a research note on Thursday, April 9th. They set an “overweight” rating and a $149.00 price objective for the company. Nineteen 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. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $123.26.

CoreWeave Stock Performance

Shares of NASDAQ:CRWV opened at $110.24 on Monday. The company has a market cap of $46.19 billion and a price-to-earnings ratio of -34.45. The company has a 50-day moving average price of $85.82 and a 200-day moving average price of $94.27. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 4.46. CoreWeave has a 12 month low of $33.51 and a 12 month high of $187.00.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) EPS 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 net margin of 22.75% and a negative return on equity of 33.82%. The firm’s quarterly revenue was up 110.4% compared to the same quarter last year.

Insider Activity at CoreWeave

In related news, insider Brian M. Venturo sold 1,125,000 shares of the business’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $80.86, for a total transaction of $90,967,500.00. Following the transaction, the insider owned 285,327 shares in the company, valued at $23,071,541.22. The trade was a 79.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brannin Mcbee sold 300,000 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $72.61, for a total transaction of $21,783,000.00. Following the transaction, the insider owned 248,664 shares in the company, valued at $18,055,493.04. This represents a 54.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 7,345,594 shares of company stock worth $612,908,118 over the last 90 days.

Hedge Funds Weigh In On CoreWeave

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Hazlett Burt & Watson Inc. increased its position in shares of CoreWeave by 34.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock valued at $33,000 after buying an additional 119 shares during the period. Chilton Capital Management LLC grew its holdings in CoreWeave by 50.2% in the third quarter. Chilton Capital Management LLC now owns 362 shares of the company’s stock worth $50,000 after purchasing an additional 121 shares during the period. Cullen Frost Bankers Inc. grew its holdings in 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 purchasing an additional 121 shares during the period. Family Legacy Financial Solutions LLC grew 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 worth $27,000 after purchasing an additional 125 shares during the period. Finally, Parkside Financial Bank & Trust grew its holdings in CoreWeave by 26.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 600 shares of the company’s stock worth $43,000 after purchasing an additional 125 shares during the period.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: DA Davidson raised its price target from $125 to $175 and initiated/maintained a “buy” stance, signaling sizable analyst conviction and giving the stock fresh upside potential. DA Davidson price target raise
• Positive Sentiment: Recent coverage highlights CoreWeave’s expanding multi-year agreements with major AI customers (notably Meta and Anthropic), which provide long-duration revenue visibility and justify a re-rating of the stock as AI infrastructure demand accelerates. CoreWeave’s AI Partnerships Drive Revenue Acceleration
• Positive Sentiment: Market commentary points to heavy institutional accumulation (big volume spikes and bullish options activity) and repeated analyst upgrades, reinforcing momentum as funds position for multi-year AI capacity spending. MarketBeat coverage on institutional flows
• Neutral Sentiment: Broad market context pieces tied CoreWeave’s move to headline items (e.g., Nasdaq-100 reshuffle news) that can amplify attention but don’t change fundamentals directly. Sandisk to join Nasdaq-100, CoreWeave stock surges on upgrade
• Negative Sentiment: Insider selling filings have surfaced (including large sales by the CEO and other insiders), which can create short-term headline risk and be interpreted by some investors as profit-taking. Insider Selling: CoreWeave CEO Sells
• Negative Sentiment: Analyst-note caution: some services (e.g., Zacks) warn that recent upward moves were on heavy volume and that near-term momentum could be limited if earnings-estimate revisions don’t follow — CoreWeave still posts losses and high leverage while reinvesting heavily. Zacks caution on continuation

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.