CoreWeave (NASDAQ:CRWV) Coverage Initiated at Wolfe Research

Stock analysts at Wolfe Research started coverage on shares of CoreWeave (NASDAQ:CRWV) in a research note issued on Thursday, Marketbeat.com reports. The brokerage set an “outperform” rating and a $150.00 price target on the stock. Wolfe Research’s price objective points to a potential upside of 28.37% from the stock’s current price.

A number of other research firms also recently commented on CRWV. Macquarie Infrastructure reiterated a “neutral” rating and issued a $115.00 target price on shares of CoreWeave in a research report on Tuesday, January 27th. Wells Fargo & Company cut their price target on CoreWeave from $150.00 to $125.00 and set an “overweight” rating for the company in a report on Thursday, January 8th. Cantor Fitzgerald lifted their price objective on CoreWeave from $149.00 to $156.00 and gave the stock an “overweight” rating in a research note on Thursday. Truist Financial upped their price objective on CoreWeave from $84.00 to $85.00 and gave the stock a “hold” rating in a report on Friday, February 27th. Finally, DA Davidson increased their target price on CoreWeave from $125.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Twenty investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $124.66.

CoreWeave Stock Performance

Shares of NASDAQ CRWV opened at $116.85 on Thursday. 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 company has a market cap of $48.96 billion and a P/E ratio of -36.52. The firm’s fifty day moving average is $88.53 and its two-hundred day moving average is $94.56. CoreWeave has a 52-week low of $33.51 and a 52-week high of $187.00.

CoreWeave (NASDAQ:CRWV) last released 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 company 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% on a year-over-year basis.

Insiders Place Their Bets

In related news, major shareholder Magnetar Financial Llc sold 203,356 shares of CoreWeave stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $118.85, for a total transaction of $24,168,860.60. Following the completion of the transaction, the insider directly owned 281,832 shares of the company’s stock, valued at approximately $33,495,733.20. The trade was a 41.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael N. Intrator sold 200,000 shares of the company’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $116.94, for a total transaction of $23,388,000.00. Following the transaction, the chief executive officer owned 5,266,501 shares in the company, valued at $615,864,626.94. The trade was a 3.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 11,209,539 shares of company stock valued at $1,062,466,747.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Cornerstone Planning Group LLC raised its holdings in shares of CoreWeave by 272.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock worth $25,000 after buying an additional 251 shares during the period. HighMark Wealth Management LLC purchased a new position in CoreWeave during the 3rd quarter valued at $27,000. OLD Second National Bank of Aurora bought a new position in CoreWeave in the 3rd quarter valued at $27,000. KERR FINANCIAL PLANNING Corp bought a new position in CoreWeave in the 3rd quarter valued at $27,000. Finally, Princeton Global Asset Management LLC purchased a new stake in CoreWeave in the third quarter worth $28,000.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Major customer commitments: Jane Street agreed to commit roughly $6 billion of spend to CoreWeave’s AI cloud and separately invested ~$1 billion of equity, anchoring multi‑year revenue and signaling institutional demand. CoreWeave Lands $6B Jane Street Deal
• Positive Sentiment: Huge expansion with Meta: reports of ~ $21 billion in multi‑year commitments from Meta further strengthen the company’s long‑term revenue backlog and scale thesis. CoreWeave Just Locked In $21 Billion From Meta
• Positive Sentiment: Technology and customer momentum: wins with Anthropic and being the first hyperscaler to deploy NVIDIA’s GB300 NVL72 strengthen CoreWeave’s product positioning for large AI customers. CoreWeave deploys NVIDIA GB300 NVL72
• Positive Sentiment: Analyst support: Wolfe Research initiated coverage with an “outperform” and $150 target, and several other upgrades/positive notes are helping fund flows and sentiment. Wolfe Research initiates coverage
• Neutral Sentiment: Insider selling flagged: multiple insiders (CEO COO and others) sold large blocks via pre‑arranged Rule 10b5‑1 plans; these are significant dollar amounts and create headline risk, but filings indicate planned sales rather than opportunistic leaks. Sachin Jain Form 4
• Negative Sentiment: High‑cost debt and capital needs: CoreWeave priced $1.0B of 9.75% senior notes (closing April 21) and has been expanding bond offerings — these show access to capital but at high rates, increasing interest burden and leverage risk. CoreWeave prices $1B of 9.75% Senior Notes
• Negative Sentiment: Cash burn / CapEx risk: analysts warn that the business will need tens of billions in CapEx to support these customer commitments, raising dilution and margin concerns as CoreWeave scales. Seeking Alpha: Cash cost is massive

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.