CoreWeave (NASDAQ:CRWV) Trading Down 5.5% Following Analyst Downgrade

CoreWeave Inc. (NASDAQ:CRWV)’s stock price fell 5.5% on Thursday after Mizuho lowered their price target on the stock from $110.00 to $100.00. Mizuho currently has a neutral rating on the stock. CoreWeave traded as low as $72.08 and last traded at $72.91. 24,731,427 shares changed hands during trading, a decline of 13% from the average daily volume of 28,335,240 shares. The stock had previously closed at $77.12.

A number of other research firms have also recently issued reports on CRWV. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $135.00 price target on shares of CoreWeave in a report on Friday, May 8th. Wolfe Research reissued an “outperform” rating on shares of CoreWeave in a research report on Monday, July 6th. Jefferies Financial Group raised their target price on CoreWeave from $120.00 to $160.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Barclays raised their target price on CoreWeave from $106.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Finally, JPMorgan Chase & Co. boosted their price target on CoreWeave from $90.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $139.69.

Insider Transactions at CoreWeave

In other news, CEO Michael N. Intrator sold 61,797 shares of CoreWeave stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $86.94, for a total transaction of $5,372,631.18. Following the completion of the transaction, the chief executive officer directly owned 2,876,815 shares of the company’s stock, valued at $250,110,296.10. The trade was a 2.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brian M. Venturo sold 76,912 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $86.99, for a total transaction of $6,690,574.88. Following the completion of the transaction, the insider owned 283,985 shares of the company’s stock, valued at approximately $24,703,855.15. This represents a 21.31% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 22,294,471 shares of company stock valued at $2,607,466,396 in the last 90 days. 24.20% of the stock is currently owned by company insiders.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Mizuho kept a constructive stance on CoreWeave, assigning a $100 price target even after trimming from $110, which suggests analysts still see meaningful upside from current levels. CoreWeave (NASDAQ:CRWV) Given New $100.00 Price Target at Mizuho
• Positive Sentiment: Some commentary argues CoreWeave could have more growth potential than Microsoft in AI cloud, citing its expanding backlog and focused AI infrastructure platform. CRWV vs. MSFT: Which AI Cloud Stock Has More Growth Potential?
• Positive Sentiment: Analysts and investors continue to point to CoreWeave’s large committed backlog and long-term power agreements as support for future revenue growth. Is CoreWeave (CRWV) Cheap After A 43% Drop?
• Neutral Sentiment: CoreWeave’s valuation remains a debate: the recent share decline has made the stock look cheaper, but market multiples still send mixed signals about whether the pullback is enough to justify buying. Is CoreWeave (CRWV) Cheap After A 43% Drop?
• Neutral Sentiment: CoreWeave is reportedly exploring derivatives to hedge memory-chip price risk, a sign management is trying to protect margins, though the move also highlights input-cost volatility. AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price risk
• Negative Sentiment: The AI cloud trade is weakening, with Nebius falling sharply and investors rotating out of high-flying neocloud stocks, which is weighing on sentiment toward CoreWeave. Nebius Sinks 13% as the Neocloud Trade Unravels; How CoreWeave, IREN, and the AI Data Center Stocks Stack Up
• Negative Sentiment: Recent coverage has highlighted CoreWeave’s stock weakness, with concerns about Meta cloud competition, DeepSeek-related chip demand questions, high leverage, and customer concentration. CoreWeave Stock Trending Lower as Meta Cloud Threat, DeepSeek Chip Concerns Mount
• Negative Sentiment: Another piece warns that CoreWeave may have “zero room for error,” reinforcing worries that its high-growth valuation is vulnerable if execution slips. CoreWeave: Zero Room For Error

Institutional Investors Weigh In On CoreWeave

Hedge funds have recently modified their holdings of the company. Parallel Advisors LLC raised its holdings in CoreWeave by 4.0% in the 1st quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock worth $181,000 after purchasing an additional 91 shares during the period. Pathway Wealth Management LLC boosted its position in CoreWeave by 2.9% during the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock worth $278,000 after purchasing an additional 100 shares in the last quarter. Azzad Asset Management Inc. ADV grew its holdings in CoreWeave by 2.1% in the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock valued at $389,000 after purchasing an additional 104 shares during the period. Hazlett Burt & Watson Inc. grew its holdings in CoreWeave by 34.7% in the fourth 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 period. Finally, Cullen Frost Bankers Inc. increased its position in shares of 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 buying an additional 121 shares in the last quarter.

CoreWeave Price Performance

The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. The firm has a market capitalization of $32.63 billion, a PE ratio of -23.44 and a beta of 7.17. The stock has a 50-day moving average price of $101.20 and a 200 day moving average price of $95.34.

CoreWeave (NASDAQ:CRWV) last announced its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The business had revenue of $2.08 billion for the quarter. During the same quarter last year, the business earned ($0.60) EPS. CoreWeave’s quarterly revenue was up 111.6% on a year-over-year basis. Equities analysts forecast that CoreWeave Inc. will post -4.57 EPS for the current fiscal year.

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.