CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) Director Jack Cogen sold 986,540 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $107.80, for a total value of $106,349,012.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
CoreWeave Stock Up 2.5%
NASDAQ CRWV traded up $2.59 during trading hours on Thursday, hitting $106.86. The company had a trading volume of 23,261,036 shares, compared to its average volume of 27,448,842. CoreWeave Inc. has a fifty-two week low of $63.80 and a fifty-two week high of $187.00. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31. The business has a fifty day simple moving average of $102.09 and a 200-day simple moving average of $90.49.
CoreWeave (NASDAQ:CRWV – Get Free Report) last issued its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company had revenue of $1.57 billion during the quarter. The company’s revenue for the quarter was up 110.4% compared to the same quarter last year. Research analysts predict that CoreWeave Inc. will post -4.58 earnings per share for the current year.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
Several brokerages have weighed in on CRWV. Citigroup increased their target price on CoreWeave from $155.00 to $158.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. JPMorgan Chase & Co. raised their price target on CoreWeave from $90.00 to $105.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Needham & Company LLC reissued a “hold” rating on shares of CoreWeave in a report on Friday, February 27th. Oppenheimer raised their price target on CoreWeave from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Finally, Jefferies Financial Group raised their price target on CoreWeave from $120.00 to $160.00 and gave the company a “buy” rating in a report on Monday, May 4th. Nineteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $129.63.
Get Our Latest Analysis on CRWV
Trending Headlines about CoreWeave
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: CoreWeave launched unified agentic AI capabilities that link training and inference in a closed feedback loop, a move that could deepen its role in the AI stack beyond basic cloud infrastructure and support longer-term growth expectations. CoreWeave’s Closed Loop Agentic AI Aims To Reshape Growth Expectations
- Positive Sentiment: Analysts remain constructive overall, with Citi recently raising its price target to $158 and maintaining a Buy rating, reinforcing the view that CRWV remains a momentum name tied to AI spending. Here’s What Analysts Think About CoreWeave, Inc. (CRWV)
- Positive Sentiment: CoreWeave said it will present at the BofA Securities Global Technology Conference on June 3, which could keep investor attention on the name and provide another platform to discuss AI demand and strategy. CoreWeave to Participate in the BofA Securities Global Technology Conference
- Neutral Sentiment: Short-interest data showed no meaningful change in the latest report, so while short-selling remains a talking point, the newest figures do not add a fresh technical catalyst.
- Negative Sentiment: Several recent articles focus on why investors are shorting CRWV and question whether the company’s backlog fully supports its high valuation, suggesting some traders remain wary of the stock’s fundamentals. Here’s why investors are shorting CoreWeave stock CoreWeave: Something Doesn’t Add Up About The Backlog
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.
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