Northland Securities Lowers Earnings Estimates for CoreWeave

CoreWeave Inc. (NASDAQ:CRWV) – Stock analysts at Northland Securities dropped their Q3 2026 earnings per share estimates for CoreWeave in a research note issued on Wednesday, October 7th. Northland Securities analyst N. Chokshi now expects that the company will post earnings of ($1.70) per share for the quarter, down from their prior estimate of ($1.62). The consensus estimate for CoreWeave’s current full-year earnings is ($5.19) per share. Northland Securities also issued estimates for CoreWeave’s Q4 2026 earnings at ($1.07) EPS, Q1 2027 earnings at ($1.10) EPS, Q3 2027 earnings at ($0.86) EPS, Q4 2027 earnings at ($0.36) EPS and FY2027 earnings at ($3.32) EPS.

CRWV has been the subject of several other reports. Rosenblatt Securities reissued a “buy” rating and set a $250.00 price objective on shares of CoreWeave in a report on Thursday, October 1st. Roth Capital set a $145.00 price objective on CoreWeave in a report on Thursday, August 13th. William Blair assumed coverage on CoreWeave in a report on Wednesday, September 30th. They set an “outperform” rating on the stock. Raymond James Financial lowered CoreWeave from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Finally, Sanford C. Bernstein boosted their price target on CoreWeave from $67.00 to $74.00 and gave the company an “underperform” rating in a report on Wednesday, August 12th. Twenty-three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $140.64.

CoreWeave Stock Down 7.8%

CRWV stock opened at $81.58 on Friday. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53. The firm has a 50 day simple moving average of $88.57 and a 200-day simple moving average of $94.88. The company has a market capitalization of $37.43 billion, a P/E ratio of -22.35 and a beta of 7.36. CoreWeave has a twelve month low of $60.55 and a twelve month high of $153.20.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, beating 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 firm had revenue of $2.58 billion during the quarter. During the same quarter last year, the business earned ($0.27) EPS. CoreWeave’s revenue for the quarter was up 112.5% compared to the same quarter last year.

Insider Buying and Selling

In related news, insider Brian M. Venturo sold 65,616 shares of the stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $87.69, for a total value of $5,753,867.04. Following the sale, the insider owned 302,526 shares of the company’s stock, valued at $26,528,504.94. This trade represents a 17.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Brannin Mcbee sold 56,531 shares of the stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $87.69, for a total transaction of $4,957,203.39. Following the completion of the sale, the insider directly owned 392,279 shares in the company, valued at approximately $34,398,945.51. This trade represents a 12.60% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 5,850,311 shares of company stock valued at $509,880,890. 24.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Alyeska Investment Group L.P. boosted its position in shares of CoreWeave by 55.7% during the second quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock worth $1,084,117,000 after buying an additional 3,897,741 shares during the period. State Street Corp increased its position in CoreWeave by 139.7% in the 2nd quarter. State Street Corp now owns 7,058,846 shares of the company’s stock valued at $702,638,000 after acquiring an additional 4,113,873 shares during the period. Bank of America Corp DE raised its stake in CoreWeave by 13.1% during the 1st quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock valued at $437,870,000 after acquiring an additional 653,398 shares in the last quarter. Clear Street Group Inc. raised its stake in CoreWeave by 57.2% during the 4th quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock valued at $333,260,000 after acquiring an additional 1,692,916 shares in the last quarter. Finally, Deutsche Bank AG boosted its position in CoreWeave by 22,624.0% during the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock worth $273,039,000 after acquiring an additional 3,796,077 shares during the period.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced plans to deploy 240 megawatts of AI data-center capacity in Navi Mumbai through a partnership with AdaniConneX, giving the company access to India’s growing AI market and expanding its global footprint. CoreWeave Makes a 240 MW Bet on India’s AI Infrastructure
• Positive Sentiment: CoreWeave has reportedly raised GPU prices by 25% in July and another 10% more recently. UBS analyst Karl Keirstead viewed the increases as evidence of strong demand and pricing power in AI infrastructure. CoreWeave Can Raise Prices Twice in Three Months
• Positive Sentiment: Institutional ownership reportedly increased to 1,125 holders, with aggregate holdings approaching $40 billion. ARK Invest also bought CoreWeave shares, providing a potential sentiment boost. CoreWeave Institutional Holders Rise
• Neutral Sentiment: CFO Nitin Agrawal sold just three shares under a pre-arranged Rule 10b5-1 plan. The transaction had no meaningful effect on his roughly 132,596-share position and is unlikely to explain the broader weakness. SEC Form 4 Filing
• Negative Sentiment: AI stocks sold off after reports that OpenAI’s annualized revenue was approximately $50 billion, below the previously circulated $68 billion figure. The news raised concerns about AI growth expectations and weighed on Nvidia, Oracle, CoreWeave, and related companies. AI Stocks Sink on OpenAI Revenue Report
• Negative Sentiment: Investors remain concerned about CoreWeave’s heavy leverage and financing needs. A reported $2.6 billion loan could require accelerated repayment if a customer contract tied to the financing is materially breached, increasing execution and liquidity risks. CoreWeave’s AI Loan Has a Hidden Risk
• Negative Sentiment: Options activity was characterized as moderately bearish, while some analysis suggested the stock could be about 26% overvalued. CoreWeave’s high beta, negative earnings, and debt-to-equity ratio above 5 add to valuation sensitivity. Option Traders Moderately Bearish in CoreWeave

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.