CoreWeave (NASDAQ:CRWV) Shares Up 5.6% – Here’s Why

Shares of CoreWeave Inc. (NASDAQ:CRWV) traded up 5.6% on Monday. The stock traded as high as $50.10 and last traded at $48.98. Approximately 47,663,333 shares changed hands during mid-day trading, an increase of 48% from the average session volume of 32,202,916 shares. The stock had previously closed at $46.40.

Key CoreWeave News

Here’s some of the latest news about CRWV:

• Positive Sentiment: Strong growth and raised guidance: Q3 revenue rose 168% year over year to $3.66 billion, beating estimates, while the loss per share was narrower than expected. CoreWeave raised its 2026 revenue forecast to $13.0 billion–$13.3 billion and reported a backlog of about $132.5 billion, reinforcing the case for continued demand. CNBC outlook report
• Positive Sentiment: Funding plan addressed a key investor concern: Management expects roughly $9 billion in customer prepayments and deposits over the next three months and is using contract-backed financing. The company said it does not plan to issue additional unsecured parent-level debt at current yields through 2027, helping ease—but not eliminate—concerns about funding its buildout. Funding and earnings report
• Neutral Sentiment: Analyst views remain mixed: Citi raised its price target, while D.A. Davidson cut its target and retained a neutral rating, reflecting differing views on the company’s growth potential and execution risks. Citi target update

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on CRWV. Cantor Fitzgerald reduced their price objective on shares of CoreWeave from $176.00 to $100.00 and set an “overweight” rating on the stock in a research report on Wednesday. Truist Financial dropped their target price on shares of CoreWeave from $165.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday. TD Cowen raised shares of CoreWeave to a “buy” rating in a research note on Wednesday, July 22nd. Stifel Nicolaus reduced their price target on shares of CoreWeave from $120.00 to $60.00 and set a “hold” rating on the stock in a report on Wednesday. Finally, Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a research note on Wednesday. Twenty-seven analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, CoreWeave presently has a consensus rating of “Moderate Buy” and an average target price of $118.69.

CoreWeave Stock Up 24.7%

The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46. The firm has a market capitalization of $27.89 billion, a PE ratio of -16.65 and a beta of 7.71. The company has a fifty day moving average price of $74.13 and a 200-day moving average price of $89.44.

CoreWeave (NASDAQ:CRWV) last posted its earnings results 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. The firm had revenue of $2.58 billion during the quarter. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The company’s revenue for the quarter was up 112.5% compared to the same quarter last year. During the same period last year, the business posted ($0.27) earnings per share. As a group, analysts expect that CoreWeave Inc. will post -4.99 earnings per share for the current year.

Insider Buying and Selling at CoreWeave

In other news, insider Brannin Mcbee sold 144,000 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $106.08, for a total transaction of $15,275,520.00. Following the sale, the insider directly owned 323,263 shares in the company, valued at approximately $34,291,739.04. This represents a 30.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Magnetar Financial Llc sold 307,131 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $108.75, for a total transaction of $33,400,496.25. Following the completion of the transaction, the insider directly owned 220,810 shares of the company’s stock, valued at approximately $24,013,087.50. The trade was a 58.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 3,727,018 shares of company stock valued at $337,495,407. Corporate insiders own 24.20% of the company’s stock.

Hedge Funds Weigh In On CoreWeave

Institutional investors and hedge funds have recently modified their holdings of the stock. Mayflower Financial Advisors LLC increased its position in CoreWeave by 48.4% during the third quarter. Mayflower Financial Advisors LLC now owns 3,898 shares of the company’s stock valued at $340,000 after acquiring an additional 1,272 shares during the last quarter. Advisors Asset Management Inc. bought a new position in CoreWeave during the 3rd quarter valued at about $1,905,000. Edmond DE Rothschild Holding S.A. raised its position in CoreWeave by 51.0% in the 3rd quarter. Edmond DE Rothschild Holding S.A. now owns 5,800 shares of the company’s stock worth $505,000 after purchasing an additional 1,960 shares during the period. Westpac Banking Corp purchased a new stake in CoreWeave in the 3rd quarter worth about $266,000. Finally, Creek Drive Management Group LLC purchased a new stake in CoreWeave in the 3rd quarter worth about $836,000.

About CoreWeave

CoreWeave is a cloud computing company that provides infrastructure for artificial intelligence, machine learning, and other compute-intensive workloads. Its services include access to graphics processing units (GPUs), cloud storage and networking, and software tools for deploying and managing workloads. The company was founded in 2017 as a cryptocurrency mining business and later shifted its focus to cloud computing. CoreWeave is headquartered in Livingston, New Jersey, and operates data center infrastructure in the United States and Europe, serving customers that need large-scale computing resources.