CoreWeave (NASDAQ:CRWV) Stock Rating Upgraded by UBS Group

CoreWeave (NASDAQ:CRWV) was upgraded by investment analysts at UBS Group to a “strong-buy” rating in a research report issued to clients and investors on Tuesday, Zacks reports.

Several other research analysts have also commented on CRWV. The Goldman Sachs Group upped their price objective on shares of CoreWeave from $121.00 to $139.00 and gave the stock a “neutral” rating in a report on Friday, August 21st. Wolfe Research reaffirmed an “outperform” rating on shares of CoreWeave in a research note on Monday, July 6th. Roth Capital set a $145.00 price target on shares of CoreWeave in a research report on Thursday, August 13th. Wells Fargo & Company increased their price target on shares of CoreWeave from $155.00 to $160.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of CoreWeave in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $138.31.

CoreWeave Price Performance

CRWV opened at $86.90 on Tuesday. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46. CoreWeave has a 52-week low of $60.55 and a 52-week high of $153.20. The stock has a market capitalization of $39.88 billion, a PE ratio of -23.81 and a beta of 7.45. The stock’s 50 day moving average price is $85.46 and its 200-day moving average price is $94.28.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, topping analysts’ consensus estimates of ($1.52) by $0.38. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The company had revenue of $2.58 billion during the quarter. During the same period in the previous year, the business earned ($0.27) EPS. The business’s revenue was up 112.5% compared to the same quarter last year. On average, equities research analysts predict that CoreWeave will post -5.19 EPS for the current year.

Insider Buying and Selling

In other news, major shareholder Magnetar Financial Llc sold 307,131 shares of CoreWeave stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $108.75, for a total transaction of $33,400,496.25. Following the completion of the transaction, the insider directly owned 220,810 shares in the company, valued at approximately $24,013,087.50. This trade represents a 58.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael N. Intrator sold 278,560 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $97.43, for a total value of $27,140,100.80. Following the completion of the sale, the chief executive officer directly owned 3,138,612 shares in the company, valued at approximately $305,794,967.16. This represents a 8.15% decrease in their ownership of the stock. 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. Insiders have sold 6,380,334 shares of company stock valued at $561,507,579 in the last ninety days. Insiders own 24.20% of the company’s stock.

Institutional Investors Weigh In On CoreWeave

Several hedge funds have recently added to or reduced their stakes in the stock. QRG Capital Management Inc. grew its stake in shares of CoreWeave by 8.4% in the second quarter. QRG Capital Management Inc. now owns 21,810 shares of the company’s stock worth $2,171,000 after acquiring an additional 1,692 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in shares of CoreWeave in the 2nd quarter worth about $378,000. Envestnet Asset Management Inc. boosted its stake in CoreWeave by 68.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 71,795 shares of the company’s stock worth $7,146,000 after purchasing an additional 29,216 shares in the last quarter. State Street Corp boosted its stake in CoreWeave by 139.7% in the 2nd quarter. State Street Corp now owns 7,058,846 shares of the company’s stock worth $702,638,000 after purchasing an additional 4,113,873 shares in the last quarter. Finally, Wellington Altus USA Inc. grew its position in CoreWeave by 256.0% during the 2nd quarter. Wellington Altus USA Inc. now owns 534 shares of the company’s stock valued at $53,000 after purchasing an additional 384 shares during the last quarter.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: UBS upgraded CoreWeave to “Strong Buy” after initiating coverage with a Buy rating and a $120 price target, implying roughly 40% upside from the current price of $86.90. UBS cited robust AI-compute demand and noted that investor sentiment and valuation remain cautious relative to CoreWeave’s growth prospects. CoreWeave gets Buy rating from UBS as AI compute demand strengthens
• Positive Sentiment: CoreWeave earned SemiAnalysis’ Platinum ClusterMAX rating for a third consecutive time, making it the only provider to receive the industry’s highest distinction in all three evaluations. The recognition supports the company’s positioning on AI-cloud performance, reliability and scalability. CoreWeave earns third consecutive Platinum ClusterMAX rating
• Positive Sentiment: Harell Data selected CoreWeave Cloud for secure AI-model training, fine-tuning and inference workloads. The deal provides another customer win and may help validate demand for CoreWeave’s specialized infrastructure. Harell Data selects CoreWeave
• Neutral Sentiment: CoreWeave launched NVIDIA Vera Rubin NVL72 clusters and enhanced AI storage products for large-scale training, inference and agentic-AI workloads. The products could expand its addressable market, but their financial contribution is not yet quantified. CoreWeave rolls out Rubin clusters and AI storage
• Negative Sentiment: CoreWeave completed an upsized convertible-notes offering totaling approximately $4.2 billion, compared with an initial proposal of about $3 billion. The financing supports surging data-center capital expenditures and AI expansion, but adds significant debt and creates potential future equity dilution. It also underscores balance-sheet risk; CoreWeave already carries high leverage and negative earnings.

About CoreWeave

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning, high-performance computing and other data-intensive workloads. The company provides access to accelerated computing resources, particularly graphics processing units (GPUs), through a cloud platform designed for large-scale training, inference, rendering and scientific computing.

Its offerings include on-demand and reserved GPU instances, cloud storage, high-speed networking, Kubernetes-based container orchestration and managed services for deploying and scaling workloads.