CoreWeave (NASDAQ:CRWV) Stock Price Up 1% – Should You Buy?

CoreWeave Inc. (NASDAQ:CRWV) shot up 1% on Tuesday. The stock traded as high as $90.47 and last traded at $85.93. 25,788,219 shares traded hands during trading, a decline of 10% from the average session volume of 28,544,590 shares. The stock had previously closed at $85.07.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Analyst support strengthened: JPMorgan upgraded CoreWeave, arguing that the recent pullback was excessive, while UBS began coverage with a Buy rating. Other Wall Street firms collectively rate the stock a “Moderate Buy.” CoreWeave Comes With Risks: Analysts Split on What Matters Most
• Positive Sentiment: Oracle-related project news may improve demand expectations: Oracle’s force majeure notice involving a data-center project was interpreted as potentially highlighting continuing capacity constraints and strong demand for AI computing, supporting the case for CoreWeave’s contracted infrastructure model. CoreWeave Comes With Risks: Analysts Split on What Matters Most
• Positive Sentiment: Growth and backlog remain major attractions: A bullish analysis cited a $104.2 billion backlog, hyperscaler demand exceeding supply, projected revenue of $12.4 billion to $13.2 billion for 2026, and an expected year-end adjusted EBITDA margin near 59%. Pre-sold capacity and contracted revenue could help support debt repayment. CoreWeave: Selling Compute Remains Highly Profitable Despite Heavy CapEx And Debt

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CRWV. Robert W. Baird raised their target price on CoreWeave from $100.00 to $130.00 and gave the company an “outperform” rating in a research note on Wednesday, August 12th. Rothschild & Co Redburn started coverage on CoreWeave in a report on Monday, September 21st. They issued a “sell” rating and a $54.00 price target on the stock. Barclays raised their price objective on CoreWeave from $90.00 to $105.00 and gave the company an “equal weight” rating in a research note on Thursday, August 13th. Raymond James Financial downgraded CoreWeave from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Finally, TD Cowen raised CoreWeave to a “buy” rating in a research report on Wednesday, July 22nd. Twenty-two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, CoreWeave has a consensus rating of “Moderate Buy” and a consensus price target of $138.78.

CoreWeave Trading Up 1.0%

The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. The firm’s 50-day moving average price is $86.33 and its 200 day moving average price is $94.57. The company has a market capitalization of $39.43 billion, a P/E ratio of -23.54 and a beta of 7.45.

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

Insider Buying and Selling

In other news, EVP Chen Goldberg sold 22,424 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $95.91, for a total value of $2,150,685.84. Following the transaction, the executive vice president owned 50,550 shares in the company, valued at $4,848,250.50. This trade represents a 30.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael N. Intrator sold 200,000 shares of CoreWeave stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $86.82, for a total value of $17,364,000.00. Following the transaction, the chief executive officer directly owned 687,129 shares in the company, valued at approximately $59,656,539.78. The trade was a 22.54% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 5,985,319 shares of company stock valued at $520,081,411. 24.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On CoreWeave

Several large investors have recently made changes to their positions in the business. Alyeska Investment Group L.P. grew its position in CoreWeave by 55.7% during the second quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock valued at $1,084,117,000 after buying an additional 3,897,741 shares during the period. State Street Corp lifted its stake in CoreWeave by 139.7% in the second quarter. State Street Corp now owns 7,058,846 shares of the company’s stock valued at $702,638,000 after purchasing an additional 4,113,873 shares during the last quarter. Bank of America Corp DE grew its holdings in CoreWeave by 13.1% during the first quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock valued at $437,870,000 after purchasing an additional 653,398 shares during the period. Clear Street Group Inc. increased its position in CoreWeave by 57.2% in the fourth quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock worth $333,260,000 after buying an additional 1,692,916 shares during the last quarter. Finally, Deutsche Bank AG raised its stake in shares of CoreWeave by 22,624.0% in the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock valued at $273,039,000 after buying an additional 3,796,077 shares during the period.

CoreWeave Company Profile

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning and other data-intensive workloads. The company offers access to accelerated computing resources, including graphics processing units (GPUs), alongside central processing units, high-performance storage, networking and data center capacity.

Its platform supports AI model training, fine-tuning and inference, as well as visual effects, rendering, scientific computing and other demanding applications.