CoreWeave (NASDAQ:CRWV) Shares Down 5.9% After Analyst Downgrade

CoreWeave Inc. (NASDAQ:CRWV) shares traded down 5.9% on Thursday after Citigroup lowered their price target on the stock from $135.00 to $126.00. Citigroup currently has a buy rating on the stock. CoreWeave traded as low as $73.25 and last traded at $74.82. 22,465,916 shares were traded during mid-day trading, a decline of 19% from the average session volume of 27,576,086 shares. The stock had previously closed at $79.50.

Several other analysts also recently commented on the company. Needham & Company LLC reissued a “hold” rating on shares of CoreWeave in a research note on Friday, February 27th. Morgan Stanley upped their price target on CoreWeave from $91.00 to $99.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 11th. Bank of America lowered their price target on CoreWeave from $168.00 to $140.00 and set a “neutral” rating for the company in a research report on Tuesday, November 11th. Cantor Fitzgerald restated an “overweight” rating and set a $131.00 price objective on shares of CoreWeave in a research note on Friday, February 27th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of CoreWeave in a research note on Monday, December 29th. Seventeen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $121.77.

Insider Activity at CoreWeave

In related news, 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 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Nitin Agrawal sold 3,920 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $73.20, for a total transaction of $286,944.00. Following the sale, the chief financial officer owned 169,185 shares of the company’s stock, valued at $12,384,342. This trade represents a 2.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 4,340,085 shares of company stock worth $373,147,282.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced a multi‑year deal to power Perplexity’s AI inference workloads, validating CoreWeave’s positioning in the high‑performance inference market and supporting long‑term revenue visibility. CoreWeave Just Landed a Deal That Signals Where AI Is Headed
• Positive Sentiment: Analysts and deep‑dive pieces highlight CoreWeave’s very large backlog (~$66.8B reported) and rapid revenue growth, which provide multi‑year contracted demand that supports long‑term upside if execution and capital deployment are successful. CoreWeave Is Attractively Valued, But Execution Is Crucial
• Neutral Sentiment: Street reactions are mixed: some firms (e.g., Citigroup, Barclays, HC Wainwright) keep constructive views or reiterate coverage but differ on targets and conviction, producing diverging near‑term signals for the stock. Barclays Remain a Buy on CoreWeave (CRWV)
• Neutral Sentiment: Management presented at industry conferences (Morgan Stanley) and provided forward guidance and backlog metrics — useful for modeling, but investors remain split on the cadence of margin recovery and capex execution. CoreWeave Presents at Morgan Stanley TMT Conference (Transcript)
• Negative Sentiment: Multiple securities‑fraud class actions were filed and several plaintiff firms are soliciting lead‑plaintiff motions, increasing legal risk and potential future liabilities that tend to pressure the stock. Pomerantz Law Firm Announces the Filing of a Class Action Against CoreWeave
• Negative Sentiment: Q4 results and guidance shocked the market: CoreWeave reported a wider net loss (cited ~$452M) and an EPS miss, and management signaled very large 2026 capex needs — raising concerns about near‑term dilution, higher interest expense and execution risk. CoreWeave’s CapEx Shock Spooks The Market
• Negative Sentiment: Sanford C. Bernstein (coverage) set an underperform rating and low price target, and multiple law‑firm alerts amplified downside sentiment — both contributed to selling pressure by increasing short‑term bearish narratives. Bernstein Coverage / Analyst Note (Benzinga)

Hedge Funds Weigh In On CoreWeave

Several institutional investors have recently bought and sold shares of CRWV. Renaissance Capital LLC grew its stake in shares of CoreWeave by 49.9% in the 3rd quarter. Renaissance Capital LLC now owns 47,162 shares of the company’s stock worth $6,454,000 after buying an additional 15,697 shares during the last quarter. Munro Partners raised its stake in CoreWeave by 5,272.4% during the third quarter. Munro Partners now owns 616,485 shares of the company’s stock valued at $84,366,000 after buying an additional 605,010 shares during the last quarter. AE Wealth Management LLC bought a new stake in CoreWeave in the third quarter worth $4,241,000. HWG Holdings LP purchased a new stake in shares of CoreWeave in the third quarter worth $1,863,000. Finally, Liontrust Investment Partners LLP purchased a new stake in shares of CoreWeave in the second quarter worth $5,692,000.

CoreWeave Price Performance

The firm has a fifty day moving average price of $88.54 and a two-hundred day moving average price of $98.84. The company has a quick ratio of 0.49, a current ratio of 0.46 and a debt-to-equity ratio of 4.46. The stock has a market capitalization of $31.35 billion and a P/E ratio of -23.38.

CoreWeave (NASDAQ:CRWV) last announced 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 firm had revenue of $1.57 billion during the quarter. CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The company’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.