Needham & Company LLC Reaffirms “Hold” Rating for CoreWeave (NASDAQ:CRWV)

CoreWeave (NASDAQ:CRWV)‘s stock had its “hold” rating restated by analysts at Needham & Company LLC in a report released on Friday,Benzinga reports.

CRWV has been the topic of several other reports. Loop Capital decreased their price target on shares of CoreWeave from $165.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. UBS Group reaffirmed a “neutral” rating on shares of CoreWeave in a research note on Friday, January 16th. The Goldman Sachs Group assumed coverage on shares of CoreWeave in a report on Monday, January 12th. They set a “neutral” rating and a $86.00 target price for the company. HC Wainwright reissued a “buy” rating and issued a $180.00 price target on shares of CoreWeave in a research note on Wednesday, November 12th. Finally, Deutsche Bank Aktiengesellschaft raised CoreWeave from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $100.00 to $140.00 in a research note on Tuesday, January 27th. Seventeen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $124.34.

CoreWeave Trading Down 18.5%

Shares of NASDAQ CRWV opened at $79.56 on Friday. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 2.66. CoreWeave has a one year low of $33.51 and a one year high of $187.00. The business has a 50-day moving average price of $88.88 and a two-hundred day moving average price of $99.61. The firm has a market capitalization of $30.74 billion and a PE ratio of -24.86.

CoreWeave (NASDAQ:CRWV) last posted its quarterly 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). The company had revenue of $1.57 billion during the quarter. CoreWeave had a negative return on equity of 35.39% and a negative net margin of 22.75%.The firm’s revenue for the quarter was up 110.4% compared to the same quarter last year.

Insider Buying and Selling at CoreWeave

In other CoreWeave news, insider Kristen J. Mcveety sold 2,671 shares of CoreWeave stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $97.92, for a total transaction of $261,544.32. Following the transaction, the insider directly owned 120,079 shares in the company, valued at approximately $11,758,135.68. The trade was a 2.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jeff Baker sold 2,374 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $90.83, for a total value of $215,630.42. Following the completion of the transaction, the insider directly owned 41,275 shares of the company’s stock, valued at approximately $3,749,008.25. The trade was a 5.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,650,896 shares of company stock worth $397,218,577 in the last three months.

Institutional Trading of CoreWeave

Several hedge funds and other institutional investors have recently modified their holdings of the company. Alpine Global Management LLC grew its stake in CoreWeave by 34,895.7% in the fourth quarter. Alpine Global Management LLC now owns 8,049 shares of the company’s stock valued at $576,000 after purchasing an additional 8,026 shares in the last quarter. MidFirst Bank acquired a new stake in shares of CoreWeave in the 4th quarter valued at approximately $117,000. Floyd Financial Group LLC boosted its holdings in shares of CoreWeave by 111.0% in the 4th quarter. Floyd Financial Group LLC now owns 16,748 shares of the company’s stock valued at $1,199,000 after buying an additional 8,809 shares during the last quarter. Virtu Financial LLC bought a new position in shares of CoreWeave in the fourth quarter valued at $11,907,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in CoreWeave during the fourth quarter worth $105,000.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Very strong demand/backlog and revenue growth: Q4 revenue was $1.57B (+~110% YoY) and fiscal 2025 revenue topped ~$5.1B; backlog expanded to roughly $66.8B and management guided FY‑2026 revenue to ~$12–13B, underscoring continued AI-driven demand. CoreWeave: From Growth Story To Capital Story
• Positive Sentiment: Beat on revenue and product progress: CoreWeave topped revenue estimates and launched services (e.g., object storage) while highlighting capacity ramps that should convert backlog into revenue over time. CoreWeave Reports Strong Q4 and FY2025 Results
• Neutral Sentiment: Mixed analyst action — some firms raised targets or reaffirmed overweight/Buy ratings while others trimmed targets or moved to Neutral/Hold; overall street targets remain elevated but commentary is cautious on debt and spending. Reuters: CapEx doubles, market reaction
• Neutral Sentiment: Investor events scheduled — management will present at Morgan Stanley and Cantor investor conferences (early March), offering opportunities for further color on capex plans and timelines. Investor conference notice
• Negative Sentiment: Earnings miss on EPS and wider GAAP loss: Q4 EPS of ($0.89) missed consensus and GAAP loss widened; interest expense jumped materially, pressuring near-term profitability despite strong adjusted EBITDA. MarketBeat: Q4 results
• Negative Sentiment: Big increase in capital spending and debt — management signaled a large CapEx program (management cited $30–$35B CapEx) and financing moves (loan syndication/equity support reported). The planned doubling of capex stoked margin concerns and heightened execution risk. Reuters: CapEx doubles, margin concerns
• Negative Sentiment: Multiple securities-class-action filings and broad law-firm notices alleging disclosure failures about data-center/infrastructure risks — legal risk and headline pressure add to near-term volatility. Hagens Berman class action notice
• Negative Sentiment: Market reaction and management defense: Shares fell sharply on the combination of EPS miss, heavy capex guidance and debt; CEO publicly defended the accelerated buildout but investor skepticism over capital intensity and execution remains high. CNBC: CEO defends spending

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.