CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) traded up 1% on Friday . The stock traded as high as $83.15 and last traded at $81.47. 27,689,842 shares changed hands during trading, an increase of 5% from the average session volume of 26,421,490 shares. The stock had previously closed at $80.66.
CoreWeave News Roundup
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: CoreWeave announced general availability of NVIDIA HGX B300 (Blackwell Ultra) instances at NVIDIA GTC — this upgrades CoreWeave’s AI-native cloud with next‑gen GPUs (faster, more efficient), supporting higher-margin, production AI workloads and strengthening its competitive moat. CoreWeave Expands AI Cloud With NVIDIA HGX B300
- Positive Sentiment: Integration with Cline to power autonomous coding systems — positions CoreWeave as a back‑end provider for next‑gen AI agents and inference workloads, expanding addressable market beyond raw GPU rental to higher-value software+inference services. CoreWeave Integrates With Cline
- Positive Sentiment: Bullish research narratives highlight a huge backlog and massive forward revenue visibility — analysts and bullish pieces (e.g., Seeking Alpha) call CRWV undervalued vs. peers, supporting longer‑term upside expectations. CoreWeave: Deeply Undervalued
- Neutral Sentiment: CoreWeave is a notable holding in thematic ETFs (e.g., ARKK) — ETF flows could amplify moves in either direction but aren’t an immediate company-specific catalyst. Is the ARK Innovation ETF Finding a Floor?
- Neutral Sentiment: Reported short‑interest data looks anomalous/zeroed out — current readings provide no clear short‑pressure signal and appear unreliable. (Internal data entries)
- Negative Sentiment: Significant insider selling this week — CFO Nitin Agrawal sold ~38.5k shares (~$3.2M) and other executives (Brannin Mcbee) executed large sales; sizable insider dispositions can weigh on near‑term sentiment and signal liquidity needs or personal diversification. Insider Selling: CoreWeave CFO Sells Shares
- Negative Sentiment: Recent quarterly results missed EPS and show negative margins and return on equity despite strong top-line growth — investors remain sensitive to when scale converts to profitability. (MarketBeat earnings summary)
Analyst Upgrades and Downgrades
CRWV has been the topic of several recent research reports. Wells Fargo & Company dropped their price objective on shares of CoreWeave from $150.00 to $125.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $131.00 target price on shares of CoreWeave in a report on Friday, February 27th. Citizens Jmp reiterated a “market outperform” rating and set a $180.00 price target on shares of CoreWeave in a research note on Friday, February 27th. Roth Mkm reissued a “buy” rating on shares of CoreWeave in a report on Monday, February 23rd. Finally, The Goldman Sachs Group started coverage on CoreWeave in a report on Monday, January 12th. They issued a “neutral” rating and a $86.00 price objective on the stock. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, CoreWeave presently has an average rating of “Moderate Buy” and a consensus target price of $122.35.
CoreWeave Stock Up 1.0%
The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.46 and a current ratio of 0.46. The company has a market capitalization of $34.14 billion and a PE ratio of -25.46. The firm’s 50-day simple moving average is $89.37 and its 200 day simple moving average is $97.64.
CoreWeave (NASDAQ:CRWV – Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The company had revenue of $1.57 billion during the quarter. CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The firm’s quarterly revenue was up 110.4% on a year-over-year basis.
Insider Buying and Selling at CoreWeave
In other news, insider Brannin Mcbee sold 300,000 shares of CoreWeave stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $72.61, for a total transaction of $21,783,000.00. Following the completion of the sale, the insider directly owned 248,664 shares in the company, valued at approximately $18,055,493.04. This trade represents a 54.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Brian M. Venturo sold 281,250 shares of the business’s stock in a transaction that occurred on Wednesday, December 24th. The stock was sold at an average price of $79.36, for a total value of $22,320,000.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 4,953,484 shares of company stock valued at $419,999,844.
Institutional Trading of CoreWeave
Several large investors have recently bought and sold shares of CRWV. Renaissance Capital LLC raised its position in shares of CoreWeave by 49.9% during the 3rd quarter. Renaissance Capital LLC now owns 47,162 shares of the company’s stock worth $6,454,000 after purchasing an additional 15,697 shares during the last quarter. Munro Partners grew its holdings in CoreWeave by 5,272.4% during the 3rd quarter. Munro Partners now owns 616,485 shares of the company’s stock valued at $84,366,000 after buying an additional 605,010 shares during the last quarter. AE Wealth Management LLC acquired a new stake in CoreWeave during the 3rd quarter valued at $4,241,000. HWG Holdings LP purchased a new position in CoreWeave during the third quarter worth $1,863,000. Finally, Liontrust Investment Partners LLP purchased a new position in CoreWeave during the second quarter worth $5,692,000.
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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