CoreWeave (NASDAQ:CRWV) Trading Up 8.2% Following Analyst Upgrade

CoreWeave Inc. (NASDAQ:CRWV) shares traded up 8.2% during trading on Wednesday after Wells Fargo & Company raised their price target on the stock from $125.00 to $135.00. Wells Fargo & Company currently has an overweight rating on the stock. CoreWeave traded as high as $115.47 and last traded at $114.19. 27,108,618 shares traded hands during mid-day trading, a decline of 2% from the average session volume of 27,792,619 shares. The stock had previously closed at $105.53.

CRWV has been the subject of several other research reports. Bank of America upgraded shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price objective for the company in a research note on Tuesday, March 24th. Needham & Company LLC reaffirmed a “hold” rating on shares of CoreWeave in a report on Friday, February 27th. DA Davidson increased their target price on shares of CoreWeave from $125.00 to $175.00 and gave the company a “buy” rating in a report on Monday, April 13th. HC Wainwright reaffirmed a “buy” rating and issued a $180.00 target price on shares of CoreWeave in a report on Monday, March 2nd. Finally, Macquarie Infrastructure reaffirmed a “neutral” rating and issued a $115.00 target price on shares of CoreWeave in a report on Tuesday, January 27th. Twenty investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.78.

Insiders Place Their Bets

In other CoreWeave news, CEO Michael N. Intrator sold 200,000 shares of the company’s stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $116.42, for a total value of $23,284,000.00. Following the sale, the chief executive officer owned 5,066,501 shares of the company’s stock, valued at $589,842,046.42. This represents a 3.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brian M. Venturo sold 76,924 shares of the company’s stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of $122.31, for a total transaction of $9,408,574.44. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 15,736,870 shares of company stock worth $1,619,642,311.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Oppenheimer says CoreWeave could report revenue near the top of guidance for Q1 and may raise its 2026 outlook as capacity is coming on faster and demand remains strong. CoreWeave Poised to Post Strong Q1, Raise 2026 Outlook Amid Faster Capacity Growth, Strong Demand, Oppenheimer Says
• Positive Sentiment: Wells Fargo raised its price target from $125 to $135 and kept an Overweight rating, providing a visible analyst catalyst and incremental support for the stock. Benzinga
• Positive Sentiment: Cantor Fitzgerald (via coverage reported on InsiderMonkey) lifted its target to $156 and highlights recent large-scale contracts (including with Meta) — signals of durable demand for capacity. CoreWeave Inc. (CRWV) Appears Attractive with Recent Large-Scale Contracts
• Positive Sentiment: ARK/ Cathie Wood reportedly increased exposure to top AI stocks, including names in the AI compute ecosystem — flows into ARK products can boost demand for shares. Cathie Wood just made a massive bet on these two top AI stocks
• Neutral Sentiment: Zacks compares CoreWeave to Snowflake and frames CRWV as higher-growth but more capital-intensive — a reminder of higher risk/volatility vs. more durable platform names. CoreWeave vs. Snowflake: Which AI Data Cloud Stock is the Smarter Buy?
• Neutral Sentiment: Coverage noting heavy prior selloffs and “panic” around CoreWeave argues the pullback may present a contrarian buying opportunity — highlights elevated volatility and sentiment-driven moves. Investors Panicked on CoreWeave. Why It Might Be Time to Get Greedy
• Negative Sentiment: Barron’s reports sector weakness after concerns about OpenAI’s spending plans; that “OpenAI shock” pressured Oracle and other AI-infrastructure names, creating near-term headwinds for sentiment around CoreWeave. Oracle Stock Drops on OpenAI Shock. CoreWeave, SoftBank Also Hit.

Institutional Trading of CoreWeave

Several institutional investors and hedge funds have recently made changes to their positions in CRWV. Clearwave Capital LLC lifted its stake in shares of CoreWeave by 66.8% during the first quarter. Clearwave Capital LLC now owns 8,987 shares of the company’s stock valued at $696,000 after buying an additional 3,600 shares during the period. Clare Market Investments LLC purchased a new position in shares of CoreWeave during the first quarter valued at approximately $332,000. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of CoreWeave by 34.0% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 725 shares of the company’s stock valued at $59,000 after buying an additional 184 shares during the period. Bogart Wealth LLC lifted its stake in shares of CoreWeave by 54.8% during the first quarter. Bogart Wealth LLC now owns 941 shares of the company’s stock valued at $73,000 after buying an additional 333 shares during the period. Finally, Ascentis Independent Advisors purchased a new position in shares of CoreWeave during the first quarter valued at approximately $403,000.

CoreWeave Stock Up 8.2%

The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 4.46. The firm has a market cap of $50.58 billion and a PE ratio of -35.68. The firm’s 50 day moving average is $91.22 and its 200-day moving average is $92.86.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.61) by ($0.28). The firm had revenue of $1.57 billion for the quarter. CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The company’s quarterly revenue was up 110.4% on a year-over-year basis. As a group, equities research analysts expect that CoreWeave Inc. will post -4.16 earnings per share for the current fiscal year.

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.