CoreWeave (NASDAQ:CRWV) Rating Increased to Buy at DA Davidson

CoreWeave (NASDAQ:CRWV) was upgraded by analysts at DA Davidson from a “neutral” rating to a “buy” rating in a report issued on Monday, MarketBeat reports. The brokerage currently has a $110.00 price target on the stock. DA Davidson’s price objective indicates a potential upside of 7.71% from the company’s current price.

CRWV has been the topic of a number of other research reports. Evercore ISI lowered their price target on CoreWeave from $175.00 to $160.00 and set an “outperform” rating on the stock in a report on Tuesday, November 11th. Macquarie lowered their target price on CoreWeave from $140.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of CoreWeave in a report on Monday, December 29th. Stifel Nicolaus set a $120.00 price target on CoreWeave in a research note on Tuesday, November 11th. Finally, Melius Research set a $140.00 price objective on shares of CoreWeave in a research report on Tuesday, November 11th. Seventeen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $123.83.

CoreWeave Stock Performance

Shares of CRWV traded up $9.15 during mid-day trading on Monday, reaching $102.13. 27,753,985 shares of the company’s stock were exchanged, compared to its average volume of 27,090,926. The business’s fifty day simple moving average is $80.52 and its 200-day simple moving average is $104.64. The stock has a market capitalization of $39.46 billion and a PE ratio of -70.43. CoreWeave has a 52-week low of $33.51 and a 52-week high of $187.00. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.49 and a quick ratio of 0.49.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings results on Monday, November 10th. The company reported ($0.22) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.14. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the prior year, the company earned ($1.82) EPS. The firm’s revenue for the quarter was up 133.7% on a year-over-year basis.

Insider Transactions at CoreWeave

In other CoreWeave news, insider Brian M. Venturo sold 281,250 shares of the company’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $137.80, for a total transaction of $38,756,250.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Magnetar Financial Llc sold 804,514 shares of the company’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $138.48, for a total transaction of $111,409,098.72. Following the transaction, the insider owned 302,294 shares in the company, valued at $41,861,673.12. The trade was a 72.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 7,674,171 shares of company stock valued at $840,445,742 in the last quarter.

Hedge Funds Weigh In On CoreWeave

Hedge funds have recently bought and sold shares of the company. Proficio Capital Partners LLC boosted its position in CoreWeave by 446,194.0% during the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after purchasing an additional 17,847,760 shares in the last quarter. Vanguard Group Inc. increased its position in shares of CoreWeave by 109.7% in the third quarter. Vanguard Group Inc. now owns 7,433,501 shares of the company’s stock valued at $1,017,275,000 after buying an additional 3,888,164 shares in the last quarter. Invesco Ltd. raised its stake in shares of CoreWeave by 55,329.7% during the 3rd quarter. Invesco Ltd. now owns 2,999,300 shares of the company’s stock worth $410,454,000 after buying an additional 2,993,889 shares during the last quarter. Clear Street Group Inc. purchased a new stake in shares of CoreWeave in the 3rd quarter worth about $405,199,000. Finally, Lavaca Capital LLC acquired a new stake in CoreWeave in the 3rd quarter valued at about $273,700,000.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Nvidia agreed to invest $2 billion in CoreWeave to expand their partnership and help build “AI factories” using Nvidia’s computing platform — a large strategic vote of confidence that accelerates CoreWeave’s data‑center buildout and capacity for AI workloads. Article Title
• Positive Sentiment: Market response: outlets report CoreWeave stock jumped roughly 10% after the Nvidia announcement, reflecting investor enthusiasm that the cash and collaboration will speed revenue growth and GPU capacity expansion. Article Title
• Neutral Sentiment: High‑profile mentions (e.g., Jim Cramer coverage) keep CoreWeave in retail/institutional view, which can amplify moves but does not change fundamentals by itself. Article Title
• Negative Sentiment: Multiple securities‑fraud class action filings and law‑firm notices allege misrepresentations about CoreWeave’s infrastructure and seek lead plaintiffs — legal exposure and potential damages, plus litigation costs, create headline risk and can pressure the stock. Article Title
• Negative Sentiment: Insider selling totaling about $25.8 million was reported, which investors often view as a negative signal on near‑term insider conviction. Article Title

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.