CoreWeave (NASDAQ:CRWV) Trading 6.3% Higher After Analyst Upgrade

CoreWeave Inc. (NASDAQ:CRWV)’s stock price traded up 6.3% during mid-day trading on Tuesday after Sanford C. Bernstein raised their price target on the stock from $56.00 to $67.00. Sanford C. Bernstein currently has an underperform rating on the stock. CoreWeave traded as high as $119.06 and last traded at $117.20. 45,193,391 shares were traded during trading, an increase of 63% from the average session volume of 27,678,404 shares. The stock had previously closed at $110.27.

Several other research analysts also recently weighed in on the stock. Jefferies Financial Group cut their target price 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. 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. Roth Mkm reissued a “buy” rating on shares of CoreWeave in a research note on Monday, February 23rd. Wells Fargo & Company cut their target price on shares of CoreWeave from $150.00 to $125.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Finally, Needham & Company LLC reissued a “hold” rating on shares of CoreWeave in a research note on Friday, February 27th. Nineteen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, CoreWeave has a consensus rating of “Moderate Buy” and an average target price of $123.94.

Insider Buying and Selling

In other CoreWeave news, CEO Michael N. Intrator sold 62,399 shares of CoreWeave stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $89.22, for a total value of $5,567,238.78. Following the completion of the sale, the chief executive officer owned 5,466,501 shares in the company, valued at $487,721,219.22. The trade was a 1.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brannin Mcbee sold 100,000 shares of the business’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $81.25, for a total value of $8,125,000.00. Following the sale, the insider owned 313,732 shares of the company’s stock, valued at $25,490,725. The trade was a 24.17% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,270,474 shares of company stock worth $606,307,640 over the last ninety days.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Expanded Meta agreement — a reported $21 billion multi‑year capacity deal with Meta materially increases long‑term revenue visibility and underpins much of the bullish thesis for CoreWeave. Read More.
• Positive Sentiment: New Anthropic deal — CoreWeave’s multi‑year agreement to power Anthropic’s AI workloads adds another high‑profile customer and validates the company’s niche GPU cloud positioning. Read More.
• Positive Sentiment: Institutional buying and analyst upgrades — reports show heavy volume, bullish options activity and fresh price‑target increases from sell‑side firms, signaling conviction from large funds and prompting momentum buying. Read More.
• Neutral Sentiment: Insider sales disclosed — the COO sold shares under a pre‑arranged Rule 10b5‑1 plan; the transactions are notable for headlines but appear pre‑scheduled rather than opportunistic. Read More.
• Negative Sentiment: Massive CapEx and cash‑flow needs — analysts warn CoreWeave’s hypergrowth requires tens of billions in CapEx and financing (debt/equity), which raises execution, dilution and margin risk as the company scales. Read More.

Institutional Trading of CoreWeave

Institutional investors have recently modified their holdings of the company. Cornerstone Planning Group LLC grew its holdings in shares of CoreWeave by 272.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock worth $25,000 after purchasing an additional 251 shares during the period. Family Legacy Financial Solutions LLC grew 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 purchasing an additional 125 shares during the period. HighMark Wealth Management LLC purchased a new stake in shares of CoreWeave during the 3rd quarter worth about $27,000. OLD Second National Bank of Aurora purchased a new stake in shares of CoreWeave during the 3rd quarter worth about $27,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of CoreWeave during the 3rd quarter worth about $27,000.

CoreWeave Stock Up 6.3%

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 firm has a market cap of $49.11 billion and a PE ratio of -36.62. The stock has a fifty day moving average price of $86.37 and a 200-day moving average price of $94.25.

CoreWeave (NASDAQ:CRWV) last issued its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) 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 was up 110.4% on a year-over-year basis.

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.