CoreWeave (NASDAQ:CRWV) Research Coverage Started at Piper Sandler

Piper Sandler initiated coverage on shares of CoreWeave (NASDAQ:CRWV) in a report released on Monday morning, Marketbeat reports. The firm issued an overweight rating and a $151.00 target price on the stock.

Several other research analysts have also recently weighed in on CRWV. Robert W. Baird started coverage on shares of CoreWeave in a report on Tuesday, July 21st. They issued an “outperform” rating and a $100.00 price target on the stock. Rosenblatt Securities restated a “buy” rating and set a $250.00 price objective on shares of CoreWeave in a report on Thursday, July 2nd. BNP Paribas Exane started coverage on CoreWeave in a research report on Tuesday, June 2nd. They issued an “outperform” rating and a $192.00 target price on the stock. JPMorgan Chase & Co. upped their target price on CoreWeave from $90.00 to $105.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Evercore reiterated an “outperform” rating and set a $150.00 target price on shares of CoreWeave in a research note on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $136.21.

CoreWeave Price Performance

Shares of CRWV opened at $89.89 on Monday. The firm has a market capitalization of $40.23 billion, a PE ratio of -28.90 and a beta of 7.44. The company’s 50-day moving average is $92.62 and its 200-day moving average is $95.00. CoreWeave has a fifty-two week low of $60.55 and a fifty-two week high of $153.20. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). The company had revenue of $2.08 billion for the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The business’s revenue was up 111.6% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.60) EPS. Equities analysts forecast that CoreWeave will post -5.7 EPS for the current year.

Insider Buying and Selling

In other CoreWeave news, Director Jack D. Cogen sold 986,540 shares of CoreWeave stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $107.80, for a total value of $106,349,012.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael N. Intrator sold 278,560 shares of the business’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $97.43, for a total transaction of $27,140,100.80. Following the completion of the sale, the chief executive officer directly owned 3,138,612 shares of the company’s stock, valued at $305,794,967.16. This represents a 8.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 9,400,251 shares of company stock valued at $943,902,000. 24.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On CoreWeave

Several institutional investors have recently made changes to their positions in CRWV. Vanguard Group Inc. grew its stake in shares of CoreWeave by 275.6% during the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after buying an additional 20,487,478 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of CoreWeave by 6,022.0% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,768 shares of the company’s stock worth $8,075,000 after purchasing an additional 110,926 shares during the last quarter. Legal & General Group Plc increased its stake in shares of CoreWeave by 8,455.6% in the fourth quarter. Legal & General Group Plc now owns 611,301 shares of the company’s stock valued at $43,775,000 after buying an additional 604,156 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of CoreWeave by 67.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,947 shares of the company’s stock valued at $4,794,000 after buying an additional 26,907 shares during the period. Finally, Broad Peak Investment Advisers Pte Ltd bought a new position in CoreWeave in the 4th quarter valued at approximately $15,539,000.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced a multi-year agreement with Solidigm for priority access to enterprise SSD capacity. The deal supports the company’s integrated AI cloud platform and helps ensure storage capacity can scale alongside GPU deployments. CoreWeave Signs Multi-Year Agreement With Solidigm to Strengthen Its Integrated AI Cloud Platform
• Positive Sentiment: CoreWeave’s planned expansion into Indonesia includes three AI data centers with 360 megawatts of contracted IT power, expected to come online in 2028. The move gives the company its first Asia-Pacific presence and positions it to benefit from regional AI demand and data-sovereignty requirements. CoreWeave expands into Indonesia, announces first data center in Asia-Pacific
• Positive Sentiment: Rosenblatt Securities reaffirmed a “buy” rating and assigned a $250 price target, while Piper Sandler initiated coverage with an “overweight” rating. The recommendations reinforce the bullish view that GPU scarcity and strong AI-cloud demand can support significant long-term growth. Rosenblatt Securities rating
• Neutral Sentiment: Investors are focused on CoreWeave’s second-quarter earnings scheduled for Aug. 11. Options markets imply an unusually large potential move, and elevated short-borrowing costs could amplify either a positive or negative reaction depending on guidance and new contract announcements.
• Negative Sentiment: Director Brannin Mcbee sold more than 250,000 shares in several Rule 10b5-1 transactions worth approximately $20.6 million. Although the sales were prearranged, the substantial reduction in his direct holdings may weigh on investor sentiment. CoreWeave SEC insider transaction filing
• Negative Sentiment: Analysts expect second-quarter earnings to decline, adding risk ahead of the report. CoreWeave also carries substantial leverage and weak liquidity, with a debt-to-equity ratio above 3.6 and a current ratio near 0.3, reflecting the capital intensity of its rapid data-center expansion.

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.