Robert W. Baird Issues Positive Forecast for CoreWeave (NASDAQ:CRWV) Stock Price

CoreWeave (NASDAQ:CRWV) had its target price lifted by investment analysts at Robert W. Baird from $100.00 to $130.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Robert W. Baird’s target price suggests a potential upside of 43.93% from the stock’s current price.

Other equities analysts have also issued research reports about the stock. Wells Fargo & Company increased their target price on shares of CoreWeave from $135.00 to $155.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Jefferies Financial Group lowered shares of CoreWeave from a “buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Cantor Fitzgerald raised their price objective on CoreWeave from $167.00 to $176.00 and gave the company an “overweight” rating in a research note on Wednesday. Sanford C. Bernstein initiated coverage on CoreWeave in a report on Wednesday, July 22nd. They issued an “outperform” rating on the stock. Finally, Truist Financial raised CoreWeave from a “hold” rating to a “buy” rating and lowered their target price for the company from $131.00 to $126.00 in a research note on Tuesday, July 21st. Twenty-four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $138.00.

CoreWeave Stock Performance

Shares of NASDAQ CRWV opened at $90.32 on Wednesday. The stock’s 50-day moving average is $90.50 and its 200 day moving average is $94.73. The stock has a market cap of $40.42 billion, a price-to-earnings ratio of -29.04 and a beta of 7.44. CoreWeave has a 1-year low of $60.55 and a 1-year high of $153.20. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68.

CoreWeave (NASDAQ:CRWV) last issued its earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.52) by $0.38. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The business had revenue of $2.58 billion during the quarter. During the same period in the prior year, the company earned ($0.27) EPS. The firm’s quarterly revenue was up 112.5% compared to the same quarter last year. On average, sell-side analysts anticipate that CoreWeave will post -5.77 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, COO Sachin Jain sold 13,608 shares of CoreWeave stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $92.09, for a total value of $1,253,160.72. Following the sale, the chief operating officer directly owned 147,785 shares in the company, valued at approximately $13,609,520.65. This trade represents a 8.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Chen Goldberg sold 19,208 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $92.29, for a total value of $1,772,706.32. Following the transaction, the executive vice president owned 71,266 shares of the company’s stock, valued at approximately $6,577,139.14. This represents a 21.23% decrease in their position. The SEC filing for this sale provides additional information. 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 quarter, insiders have sold 8,972,789 shares of company stock worth $889,538,607. Corporate insiders own 24.20% of the company’s stock.

Hedge Funds Weigh In On CoreWeave

A number of institutional investors have recently bought and sold shares of the stock. AI Squared Management Ltd purchased a new stake in CoreWeave in the second quarter worth about $6,934,000. Avanda Investment Management Pte. Ltd. bought a new stake in CoreWeave during the 2nd quarter valued at approximately $1,632,000. EP Wealth Advisors LLC grew its holdings in shares of CoreWeave by 898.9% during the 2nd quarter. EP Wealth Advisors LLC now owns 26,091 shares of the company’s stock worth $2,597,000 after acquiring an additional 23,479 shares during the period. Ieq Capital LLC raised its position in shares of CoreWeave by 1,248.0% in the 2nd quarter. Ieq Capital LLC now owns 59,313 shares of the company’s stock worth $5,904,000 after acquiring an additional 54,913 shares in the last quarter. Finally, Burnham & Co LLC bought a new position in shares of CoreWeave in the 2nd quarter worth approximately $32,000.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Revenue more than doubled: Second-quarter revenue rose 112.5% year over year to $2.58 billion, narrowly exceeding analyst expectations. The reported loss of $1.14 per share was also better than the consensus loss estimate, easing concerns about the company’s ability to convert AI demand into revenue. CoreWeave stock pops as revenue doubles
• Positive Sentiment: AI demand and backlog remain exceptionally strong: Management pointed to accelerating demand for GPU capacity, including business with Anthropic and Meta. CoreWeave’s contracted backlog reached approximately $104 billion, supporting expectations for substantial future growth as new data-center capacity comes online. CoreWeave Reports New Revenue High
• Positive Sentiment: Near-term guidance topped estimates: CoreWeave forecast third-quarter revenue of $3.5 billion to $3.6 billion, above the roughly $3.4 billion analyst consensus. Full-year 2026 revenue guidance was raised to $12.4 billion-$13.2 billion, while stronger pricing for AI compute further improved the growth outlook.
• Positive Sentiment: Older GPUs may retain value: An extended contract for Nvidia A100 GPUs suggested that aging hardware can continue generating revenue for many years, potentially improving the economics of CoreWeave’s GPU fleet. CoreWeave Stock Surges After Earnings
• Neutral Sentiment: Analyst opinions remain mixed: JPMorgan raised its price target to $110 but kept a Neutral rating, while Jefferies maintained a Buy rating and a $150 target. The wide range of targets reflects both strong demand and uncertainty around execution and profitability.
• Negative Sentiment: Losses and leverage remain important risks: CoreWeave continues to report negative net margins and is spending heavily on data centers. Its high debt burden increases financing and execution risk if capacity expansion is delayed or AI spending weakens.
• Negative Sentiment: Insider sale adds a modest overhang: COO Sachin Jain sold $1.25 million of shares to cover tax withholding related to vested equity awards. Because the sale was tax-related and he retained a substantial position, the signal is less concerning than a discretionary exit. CoreWeave COO Insider Sale

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.