CoreWeave (NASDAQ:CRWV) Shares Gap Up After Analyst Upgrade

CoreWeave Inc. (NASDAQ:CRWV)’s stock price gapped up before the market opened on Wednesday after Sanford C. Bernstein upgraded the stock to a strong sell rating. The stock had previously closed at $73.78, but opened at $77.80. CoreWeave shares last traded at $79.63, with a volume of 7,649,153 shares.

A number of other analysts have also recently commented on CRWV. Weiss Ratings reissued a “sell (d-)” rating on shares of CoreWeave in a research report on Monday, December 29th. Cantor Fitzgerald reissued an “overweight” rating and issued a $131.00 target price on shares of CoreWeave in a report on Friday, February 27th. Mizuho cut their target price on CoreWeave from $100.00 to $95.00 and set a “neutral” rating on the stock in a research note on Friday, February 27th. Morgan Stanley lifted their price target on CoreWeave from $91.00 to $99.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 11th. Finally, Wells Fargo & Company dropped their price target on shares of CoreWeave from $150.00 to $125.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Seventeen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, CoreWeave has a consensus rating of “Hold” and an average price target of $121.77.

Insider Buying and Selling at CoreWeave

In other news, insider Jeff Baker sold 2,374 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $90.83, for a total transaction of $215,630.42. Following the completion of the sale, the insider owned 41,275 shares of the company’s stock, valued at $3,749,008.25. This represents a 5.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael N. Intrator sold 32,456 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $99.95, for a total transaction of $3,243,977.20. Following the completion of the transaction, the chief executive officer directly owned 5,731,412 shares in the company, valued at approximately $572,854,629.40. The trade was a 0.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 4,340,085 shares of company stock worth $373,147,282.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave signed a multi‑year agreement to power Perplexity’s AI inference workloads — a high‑visibility customer win that underscores CoreWeave’s position in the faster‑growing inference market and supports its large contracted backlog. CoreWeave Perplexity Deal
• Positive Sentiment: Market analysis highlights CoreWeave’s $66.8B backlog and NVIDIA partnership as durable demand drivers that can convert into multi‑year revenue as inference workloads scale. MarketBeat: Deal Signals AI Direction
• Neutral Sentiment: Wall Street coverage is mixed: some firms (Citigroup) lowered targets while keeping constructive ratings, others reiterate hold/buy — creating split near‑term guidance for investors. See today’s analyst roundup for context. Yahoo Finance: Analyst Calls
• Negative Sentiment: Numerous securities‑fraud class actions and multiple law‑firm notices (lead‑plaintiff deadlines) were filed/announced covering the March–Dec 2025 class period — heightening legal risk and potential future liability/costs. PR Newswire: Schall Law Firm Notice
• Negative Sentiment: Quarterly results and guidance concerns: Q4 showed a large loss and management’s aggressive capex plans (very high 2026 capex) have spooked the market — analysts and shareholder‑rights firms flagged the magnitude of the loss and “soft” guidance. Hagens Berman: Q4 Loss Analysis
• Negative Sentiment: Insider activity: CFO Nitin Agrawal sold ~3,920 shares (disclosed SEC Form 4), which investors often view as a modest negative signal amid the other headwinds. SEC Form 4 Disclosure

Hedge Funds Weigh In On CoreWeave

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cornerstone Planning Group LLC raised its stake 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. Family Legacy Financial Solutions LLC increased its holdings in CoreWeave by 166.7% in the 3rd quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock worth $27,000 after acquiring an additional 125 shares in the last quarter. HighMark Wealth Management LLC purchased a new position in CoreWeave during the third quarter valued at approximately $27,000. OLD Second National Bank of Aurora purchased a new position in CoreWeave during the third quarter valued at approximately $27,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of CoreWeave in the third quarter worth $27,000.

CoreWeave Stock Performance

The company has a current ratio of 0.46, a quick ratio of 0.49 and a debt-to-equity ratio of 4.46. The company has a market cap of $31.35 billion and a PE ratio of -23.38. The business’s 50 day moving average is $88.54 and its two-hundred day moving average is $98.84.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The business 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 company’s revenue was up 110.4% compared to the same quarter last 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.