CoreWeave (NASDAQ:CRWV) Stock Price Down 5.9% After Analyst Downgrade

CoreWeave Inc. (NASDAQ:CRWV)’s share price dropped 5.9% on Thursday after Citigroup lowered their price target on the stock from $135.00 to $126.00. Citigroup currently has a buy rating on the stock. CoreWeave traded as low as $73.25 and last traded at $74.82. Approximately 22,465,916 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 27,576,086 shares. The stock had previously closed at $79.50.

CRWV has been the subject of a number of other reports. Loop Capital decreased their price target on CoreWeave from $165.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, November 12th. Barclays decreased their target price on CoreWeave from $120.00 to $90.00 and set an “equal weight” rating for the company in a research note on Monday, January 12th. Evercore dropped their price target on CoreWeave from $175.00 to $160.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft raised shares of CoreWeave from a “hold” rating to a “buy” rating and raised their price objective for the stock from $100.00 to $140.00 in a research report on Tuesday, January 27th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $110.00 target price on shares of CoreWeave in a research report on Tuesday, November 11th. Seventeen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, CoreWeave currently has a consensus rating of “Hold” and a consensus price target of $121.77.

Insiders Place Their Bets

In related news, insider Brannin Mcbee sold 102,835 shares of the firm’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $73.57, for a total value of $7,565,570.95. Following the transaction, the insider owned 185,181 shares of the company’s stock, valued at approximately $13,623,766.17. This trade represents a 35.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael N. Intrator sold 111,427 shares of CoreWeave stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $72.39, for a total value of $8,066,200.53. Following the transaction, the chief executive officer owned 5,922,620 shares of the company’s stock, valued at $428,738,461.80. This trade represents a 1.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 4,336,165 shares of company stock worth $372,860,338.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Multi‑year Perplexity contract strengthens CoreWeave’s position in high‑value AI inference workloads and validates its GPU‑first, low‑latency cloud strategy — a revenue driver over time. Read More.
• Neutral Sentiment: Some analysts still see upside/longer‑term value: Citigroup kept a Buy rating (cutting its PT), Barclays and HC Wainwright have supportive stances — meaning mixed analyst views could limit panic selling but leave near‑term volatility. Read More.
• Negative Sentiment: CoreWeave reported a much larger Q4 net loss (reported $452M), missed EPS expectations and issued soft near‑term guidance — these results and guidance drove immediate investor concern about profitability and capital needs. Read More.
• Negative Sentiment: Multiple plaintiffs’ firms have filed suits or issued lead‑plaintiff deadline alerts (March 13), escalating legal risk and adding headline risk and potential liability that weigh on the stock. Read More.
• Negative Sentiment: Independent coverage flagged a “capex shock” — management’s very large planned capital spending for 2026 (billions) to meet backlog raises execution and leverage risk; investors are worried about near‑term cash burn and margin pressure. Read More.

Hedge Funds Weigh In On CoreWeave

A number of hedge funds have recently bought and sold shares of CRWV. Cornerstone Planning Group LLC boosted its holdings in CoreWeave by 272.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock worth $25,000 after purchasing an additional 251 shares during the last quarter. Family Legacy Financial Solutions LLC boosted its stake in shares of CoreWeave by 166.7% in the 3rd quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock worth $27,000 after buying an additional 125 shares during the last quarter. HighMark Wealth Management LLC bought a new position in shares of CoreWeave in the third quarter valued at approximately $27,000. OLD Second National Bank of Aurora purchased a new stake in shares of CoreWeave during the third quarter valued at approximately $27,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in CoreWeave during the third quarter worth $27,000.

CoreWeave Stock Performance

The firm has a market cap of $31.35 billion and a PE ratio of -23.38. The company has a quick ratio of 0.49, a current ratio of 0.46 and a debt-to-equity ratio of 4.46. The company has a 50-day simple moving average of $88.63 and a two-hundred day simple moving average of $99.01.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The business had revenue of $1.57 billion for the quarter. CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The company’s revenue was up 110.4% compared to the same quarter last year.

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.