CoreWeave Inc. (NASDAQ:CRWV) Receives Average Recommendation of “Moderate Buy” from Brokerages

CoreWeave Inc. (NASDAQ:CRWV) has received a consensus recommendation of “Moderate Buy” from the thirty-four research firms that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and twenty-one have given a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $141.90.

CRWV has been the topic of a number of research reports. Raymond James Financial downgraded shares of CoreWeave from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Citigroup raised their price objective on CoreWeave from $142.00 to $159.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Barclays lifted their target price on CoreWeave from $90.00 to $105.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 target price on shares of CoreWeave in a research report on Wednesday, August 12th. Finally, Needham & Company LLC reissued a “hold” rating on shares of CoreWeave in a research note on Thursday, August 13th.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave’s second-quarter revenue more than doubled year over year, supporting optimism about demand for its AI cloud-computing services. Improving sentiment toward AI stocks also helped the shares rebound during August. Why CoreWeave Stock Gained 18% in August
• Positive Sentiment: Management has reduced CoreWeave’s weighted-average borrowing cost by nearly 300 basis points, which could help offset the company’s heavy financing burden over time. CoreWeave’s Interest Expense Hit $640 Million Last Quarter
• Neutral Sentiment: OpenAI CEO Sam Altman warned that spending and expansion plans among emerging “neocloud” companies may be unsustainable. The comments increase scrutiny of CoreWeave’s growth plans and the broader AI-compute investment cycle. Sam Altman Sees “Unsustainable Silliness” in AI Compute Spending
• Negative Sentiment: CEO Michael N. Intrator sold 307,692 shares for approximately $25.1 million, while insider Kristen J. McVeety sold 156,000 shares for about $12.7 million. All sales were made under pre-arranged Rule 10b5-1 plans, reducing their value as a direct signal of current management sentiment, but the sizable transactions may still weigh on investor confidence.
• Negative Sentiment: CoreWeave’s interest expense reached $640 million in the latest quarter—nearly four times operating income according to the analysis—highlighting risks from its highly leveraged expansion and potentially limiting future profitability. CoreWeave’s Interest Bill Is Nearly 4x Operating Income
• Negative Sentiment: Growing use of AI agents could make neocloud providers attractive cybersecurity targets, creating additional operational and reputational risks for CoreWeave. AI Agents Could Turn Neoclouds Into Cybersecurity Targets

CoreWeave Trading Up 4.5%

Shares of CRWV opened at $84.56 on Friday. The firm has a market cap of $38.80 billion, a P/E ratio of -23.17 and a beta of 7.45. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46. CoreWeave has a 1 year low of $60.55 and a 1 year high of $153.20. The company has a 50 day simple moving average of $85.47 and a two-hundred day simple moving average of $94.43.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, topping the consensus estimate of ($1.52) by $0.38. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The firm had revenue of $2.58 billion for the quarter. During the same period last year, the firm posted ($0.27) EPS. CoreWeave’s quarterly revenue was up 112.5% compared to the same quarter last year. On average, equities analysts expect that CoreWeave will post -5.19 earnings per share for the current fiscal year.

Insider Transactions at CoreWeave

In other news, insider Brannin Mcbee sold 500 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $85.51, for a total transaction of $42,755.00. Following the completion of the transaction, the insider directly owned 48,000 shares in the company, valued at approximately $4,104,480. This represents a 1.03% decrease in their position. The transaction was disclosed in a legal 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, insider Kristen J. Mcveety sold 156,000 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $81.63, for a total transaction of $12,734,280.00. Following the completion of the sale, the insider owned 123,313 shares in the company, valued at $10,066,040.19. This represents a 55.85% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 7,610,159 shares of company stock valued at $705,653,344 over the last 90 days. Insiders own 24.20% of the company’s stock.

Institutional Trading of CoreWeave

Hedge funds have recently made changes to their positions in the business. California State Teachers Retirement System grew its position in CoreWeave by 12,886.8% in the second quarter. California State Teachers Retirement System now owns 41,559,344 shares of the company’s stock worth $4,136,817,000 after acquiring an additional 41,239,333 shares in the last quarter. Proficio Capital Partners LLC lifted its stake in shares of CoreWeave by 446,194.0% in the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock valued at $2,443,013,000 after purchasing an additional 17,847,760 shares during the last quarter. Alyeska Investment Group L.P. lifted its stake in shares of CoreWeave by 55.7% in the 2nd quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock valued at $1,084,117,000 after purchasing an additional 3,897,741 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of CoreWeave by 22,624.0% in the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock worth $273,039,000 after purchasing an additional 3,796,077 shares during the period. Finally, Altimeter Capital Management LP bought a new position in shares of CoreWeave during the 4th quarter valued at approximately $230,099,000.

CoreWeave Company Profile

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.