CoreWeave (NASDAQ:CRWV) Stock Price Up 1.3% After Analyst Upgrade

CoreWeave Inc. (NASDAQ:CRWV)’s share price shot up 1.3% during trading on Tuesday after Bank of America upgraded the stock from a neutral rating to a buy rating. Bank of America now has a $100.00 price target on the stock. CoreWeave traded as high as $84.50 and last traded at $83.02. 20,821,091 shares changed hands during trading, a decline of 21% from the average session volume of 26,203,779 shares. The stock had previously closed at $81.96.

A number of other analysts have also issued reports on the stock. Roth Mkm restated a “buy” rating on shares of CoreWeave in a research note on Monday, February 23rd. Needham & Company LLC reissued a “hold” rating on shares of CoreWeave in a report on Friday, February 27th. Barclays dropped their target price on shares of CoreWeave from $120.00 to $90.00 and set an “equal weight” rating for the company in a research report on Monday, January 12th. Wells Fargo & Company cut their target price 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. Finally, Oppenheimer began coverage on shares of CoreWeave in a research report on Friday, March 6th. They set an “outperform” rating and a $140.00 price target on the stock. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, CoreWeave presently has an average rating of “Moderate Buy” and an average price target of $121.06.

Insider Buying and Selling at CoreWeave

In other CoreWeave news, CFO Nitin Agrawal sold 38,456 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $83.23, for a total transaction of $3,200,692.88. Following the sale, the chief financial officer directly owned 189,892 shares of the company’s stock, valued at approximately $15,804,711.16. This represents a 16.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian M. Venturo sold 281,250 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $83.65, for a total transaction of $23,526,562.50. The SEC filing for this sale provides additional information. Insiders have sold 4,786,814 shares of company stock worth $405,782,893 in the last ninety days.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: BofA/Bank of America reinstated coverage and upgraded CoreWeave to a “Buy” with a $100 price target, arguing the company’s AI-focused cloud positions it to capture durable demand; this upgrade is the main near-term bullish catalyst. Analyst: AI Advantage Makes CoreWeave Stock a ‘Buy’
• Positive Sentiment: CoreWeave announced Zonos selected its cloud to power AI-driven cross-border commerce systems, a commercial win that supports revenue growth and customer adoption stories for its low-latency GPU cloud. CoreWeave Selected by Zonos to Power Cross-Border Commerce Solutions
• Neutral Sentiment: News outlets noted the share uptick following BofA’s reinstatement of coverage — helpful for momentum but not fundamentally new information beyond the upgrade. CoreWeave rises after BofA reinstates coverage with Buy rating
• Neutral Sentiment: Analyses are split on valuation: some commentators suggest recent weakness makes CoreWeave look more attractive, but note volatility and mixed short-term returns — this frames the trade but doesn’t change fundamentals. Is It Time To Reassess CoreWeave (CRWV) After Recent Share Price Weakness?
• Neutral Sentiment: Industry debate over accounting for AI hardware (Michael Burry’s critique about stretched depreciation of GPUs/servers) adds a watch-list risk for AI/cloud providers’ reported margins and capital intensity, though it’s an industry-level discussion rather than a CoreWeave-specific finding. Was Michael Burry Right About AI Stocks for the Wrong Reason?
• Negative Sentiment: Insider selling disclosed recently (reported sale ~ $23.5M) could be perceived negatively by investors watching management/insider conviction. Insider Selling: CoreWeave (NASDAQ:CRWV) Insider Sells $23,526,562.50 in Stock
• Negative Sentiment: Reports highlight elevated financing concerns and pressure from Q4 results (EPS miss, negative margins and high leverage), which remain material risks that can cap upside until profitability/financing prospects improve. Elevated Financing Concerns Hurt CoreWeave (CRWV) in Q4

Hedge Funds Weigh In On CoreWeave

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Hsbc Holdings PLC lifted its holdings in shares of CoreWeave by 6,497.0% in the 4th quarter. Hsbc Holdings PLC now owns 425,970 shares of the company’s stock worth $30,574,000 after purchasing an additional 419,513 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in CoreWeave by 95.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 66,623 shares of the company’s stock worth $4,771,000 after buying an additional 32,569 shares during the last quarter. Osbon Capital Management LLC bought a new position in CoreWeave during the 4th quarter worth $114,000. World Investment Advisors increased its position in CoreWeave by 238.1% in the fourth quarter. World Investment Advisors now owns 8,026 shares of the company’s stock worth $575,000 after buying an additional 5,652 shares during the period. Finally, Nalls Sherbakoff Group LLC acquired a new stake in CoreWeave in the fourth quarter worth $36,000.

CoreWeave Price Performance

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 company has a market capitalization of $34.79 billion and a P/E ratio of -25.94. The business has a 50 day simple moving average of $89.21 and a 200-day simple moving average of $97.66.

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

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.