CoreWeave (NASDAQ:CRWV) Trading Down 2.4% – Here’s What Happened

CoreWeave Inc. (NASDAQ:CRWV) was down 2.4% during mid-day trading on Thursday . The stock traded as low as $91.57 and last traded at $91.79. Approximately 19,494,649 shares changed hands during trading, a decline of 30% from the average daily volume of 27,693,479 shares. The stock had previously closed at $94.05.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: High-profile endorsement and visibility — Jim Cramer flagged CRWV as coming back, which can draw buyer interest and liquidity. “CoreWeave (CRWV)’s Stock is Coming Back,” Says Jim Cramer
• Positive Sentiment: Commercial/coverage tailwinds — reporting of a partnership push with NVIDIA and initiation of analyst coverage (Truist) supports long-term demand narrative for CoreWeave’s AI cloud services. CoreWeave (CRWV) Partners With NVIDIA for AI Cloud Growth, Truist Initiates Coverage
• Neutral Sentiment: Large backlog but execution-dependent — analysts note a ~$55B revenue backlog (Q3 2025) that underpins long-term demand, but converting backlog into profitable growth hinges on timely data-center deployment and margins. Can CoreWeave Convert Its $55B Backlog Into Profitable Growth?
• Negative Sentiment: Regulatory/legal risk spike — Hagens Berman (and multiple other firms) are investigating/filing securities class actions alleging the company misled investors on Denton, TX data-center completions and scaling prospects; these claims increase near-term litigation risk and investor uncertainty. CRWV Investor Alert: Hagens Berman Investigating Claims Against CoreWeave, Inc. (CRWV) Over Alleged Data Center Delays and Concealed Infrastructure Risks
• Negative Sentiment: Broad class-action activity and deadlines — numerous firms (ClaimsFiler, Bernstein Liebhard, Pomerantz, BFA, etc.) have issued lead-plaintiff notices with a March 13 deadline, amplifying selling pressure and headline risk. CoreWeave Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead-Plaintiff Deadline
• Negative Sentiment: Insider selling and execution concerns — reporting highlights sustained insider sales and construction delays across key data centers (NJ, TX, PA); combined with negative free cash flow, this raises dilution and execution risk that can cap upside. CoreWeave Is Rebounding, But Insider Selling Threatens Upside

Analyst Ratings Changes

A number of research analysts recently weighed in on CRWV shares. The Goldman Sachs Group began coverage on CoreWeave in a report on Monday, January 12th. They issued a “neutral” rating and a $86.00 target price on the stock. Macquarie cut their price objective on CoreWeave from $140.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, November 11th. Stifel Nicolaus set a $120.00 target price on CoreWeave in a report on Tuesday, November 11th. Roth Mkm began coverage on shares of CoreWeave in a research report on Thursday, December 4th. They set a “buy” rating and a $110.00 target price for the company. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $110.00 price target on shares of CoreWeave in a research report on Tuesday, November 11th. Sixteen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $122.43.

CoreWeave Price Performance

The company has a debt-to-equity ratio of 2.66, a current ratio of 0.49 and a quick ratio of 0.49. The company has a market cap of $35.47 billion and a PE ratio of -63.30. The company has a 50-day moving average price of $79.94 and a two-hundred day moving average price of $105.86.

CoreWeave (NASDAQ:CRWV) last announced its earnings results on Monday, November 10th. The company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.36) by $0.14. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.28 billion. The business’s quarterly revenue was up 133.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($1.82) earnings per share.

Insiders Place Their Bets

In related news, major shareholder Magnetar Financial Llc sold 804,514 shares of the firm’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $138.48, for a total transaction of $111,409,098.72. Following the completion of the sale, the insider directly owned 302,294 shares of the company’s stock, valued at approximately $41,861,673.12. This trade represents a 72.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Brian M. Venturo sold 281,250 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $137.80, for a total value of $38,756,250.00. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 7,757,850 shares of company stock worth $870,529,942.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CRWV. Chelsea Counsel Co. bought a new position in shares of CoreWeave during the second quarter worth about $33,000. Family Legacy Financial Solutions LLC raised its holdings in shares of CoreWeave by 166.7% during the third quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock worth $27,000 after purchasing an additional 125 shares during the period. HighMark Wealth Management LLC acquired a new stake in shares of CoreWeave during the third quarter worth $27,000. OLD Second National Bank of Aurora bought a new position in CoreWeave in the third quarter worth about $27,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of CoreWeave during the third quarter valued at approximately $27,000.

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.