CoreWeave Inc. (NASDAQ:CRWV) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of CoreWeave Inc. (NASDAQ:CRWV) have been given a consensus rating of “Moderate Buy” by the thirty-five ratings firms that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and twenty-one have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $139.6875.

A number of analysts have recently weighed in on the company. Citigroup upped their target price on CoreWeave from $155.00 to $158.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Oppenheimer boosted their price target on CoreWeave from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price objective on shares of CoreWeave in a research report on Thursday, July 2nd. Wells Fargo & Company increased their price objective on shares of CoreWeave from $135.00 to $155.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Finally, Barclays raised their target price on shares of CoreWeave from $106.00 to $120.00 and gave the company an “equal weight” rating in a report on Monday, May 11th.

CoreWeave Stock Performance

Shares of NASDAQ:CRWV opened at $77.12 on Thursday. The company’s 50 day moving average price is $102.32 and its two-hundred day moving average price is $95.37. CoreWeave has a 12-month low of $63.80 and a 12-month high of $153.20. The firm has a market cap of $34.52 billion, a PE ratio of -24.80 and a beta of 7.17. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company had revenue of $2.08 billion for the quarter. During the same quarter in the prior year, the company earned ($0.60) earnings per share. CoreWeave’s quarterly revenue was up 111.6% compared to the same quarter last year. Equities research analysts predict that CoreWeave will post -4.57 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Brannin Mcbee sold 53,000 shares of CoreWeave stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $86.13, for a total value of $4,564,890.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brian M. Venturo sold 76,912 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $86.99, for a total value of $6,690,574.88. Following the sale, the insider owned 283,985 shares of the company’s stock, valued at $24,703,855.15. The trade was a 21.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 22,497,827 shares of company stock worth $2,631,635,257. Corporate insiders own 24.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. KERR FINANCIAL PLANNING Corp acquired a new position in CoreWeave during the 3rd quarter worth approximately $27,000. Pin Oak Investment Advisors Inc. bought a new position in CoreWeave in the third quarter valued at about $34,000. Cornerstone Planning Group LLC boosted its stake in shares of CoreWeave by 272.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after purchasing an additional 251 shares in the last quarter. Cullen Frost Bankers Inc. boosted its stake in shares of CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after purchasing an additional 121 shares in the last quarter. Finally, Greenline Wealth Management LLC bought a new stake in shares of CoreWeave during the fourth quarter worth about $28,000.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Some analysts and articles still highlight CoreWeave’s expanding backlog, AI cloud platform, and long-term power agreements as reasons the stock could have upside if growth continues. CRWV vs. MSFT: Which AI Cloud Stock Has More Growth Potential?
• Positive Sentiment: Ark Invest reportedly added to its CoreWeave position, signaling some institutional confidence despite the recent selloff. CoreWeave (CRWV) Stock Faces Meta Compute Threat As Ark Invest Adds Shares
• Neutral Sentiment: Mizuho lowered its price target on CoreWeave to $100 from $110 and kept a neutral rating, reflecting a more cautious but not outright bearish view. Benzinga report on Mizuho price target cut
• Neutral Sentiment: CoreWeave is reportedly exploring derivatives to hedge memory-chip price risk, which could help stabilize costs but also underscores exposure to volatile hardware pricing. AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price risk
• Neutral Sentiment: A valuation-focused article argues the stock’s sharp decline has made the shares look cheaper, but notes the valuation case is mixed because of high debt, customer concentration, and legal risk. Is CoreWeave (CRWV) Cheap After A 43% Drop?
• Negative Sentiment: New competition from Meta’s “Meta Compute” cloud AI offering has raised concerns that one of CoreWeave’s key customers could also become a rival. CoreWeave (CRWV) Stock Faces Meta Compute Threat As Ark Invest Adds Shares
• Negative Sentiment: Reuters reported that CoreWeave is considering hedging memory-chip price risk, highlighting concerns about input-cost volatility in its AI infrastructure business. AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price risk
• Negative Sentiment: Investor lawsuits and reports of mounting concerns around AI infrastructure demand, chip issues, and customer concentration are adding to bearish sentiment. Long Term Investors in CoreWeave, Inc. shares should contact the Shareholders Foundation in connection with Lawsuit

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.