CoreWeave (NASDAQ:CRWV) Shares Gap Up – Here’s What Happened

CoreWeave Inc. (NASDAQ:CRWV) gapped up before the market opened on Thursday . The stock had previously closed at $89.80, but opened at $94.73. CoreWeave shares last traded at $98.51, with a volume of 7,266,939 shares changing hands.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CEO pushback and media interviews have calmed some investor fears, with CEO Michael Intrator publicly rebutting critics and short‑seller claims — this helped restore confidence and likely contributed to the rally. CEO Michael Intrator Is Taking CoreWeave Bears Head On
• Positive Sentiment: Buy‑signal / bullish analysis from investors and outlets (including a Seeking Alpha piece) argue CoreWeave’s AI‑cloud growth and recent execution beats support further upside for longer‑term holders. These positive narratives can attract momentum flows and buying. The Buy Signal I Needed For CoreWeave Is Here
• Neutral Sentiment: Partnerships and hyperscaler demand underpin growth prospects — coverage of Galaxy Digital highlights CoreWeave’s role in rising data‑center demand and partner projects, but revenue realization depends on timely delivery of capacity. The Bullish Case for Galaxy Digital in 2026
• Neutral Sentiment: Peer‑ranking review notes CoreWeave is currently more reliant on third‑party data‑center operators vs. peers that own capacity — this raises execution/competitive questions during the build‑out (impact depends on how quickly CoreWeave completes its own expansion). The 5 Best GPU-as-a-Service Providers for 2026—And 1 Clear Winner
• Negative Sentiment: Multiple securities‑class actions allege CoreWeave misled investors about Denton (TX) data‑center timing/capacity; Hagens Berman and a wave of other firms have filed or solicited plaintiffs — litigation risk is the primary driver of recent volatility and valuation pressure. Hagens Berman class action coverage
• Negative Sentiment: Numerous law‑firm notices and plaintiff solicitations increase potential legal costs, management distraction and settlement/defense exposure — see additional firm alerts and filing notices. PR Newswire law‑firm notice
• Negative Sentiment: Significant insider selling by Brannin Mcbee (large, disclosed sales across January) may signal liquidity needs or personal diversification and can be read negatively by the market when clustered. CoreWeave Insider Sells
• Negative Sentiment: Analyst/industry concerns: planned 2026 capex is set to rise sharply and the company carries elevated leverage — higher interest costs and execution risk could pressure margins if capacity or demand timing slips. Zacks capex analysis

Wall Street Analyst Weigh In

CRWV has been the topic of several analyst reports. Wells Fargo & Company cut their target price on CoreWeave from $150.00 to $125.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Stifel Nicolaus set a $120.00 target price on shares of CoreWeave in a research report on Tuesday, November 11th. Macquarie cut their price target on shares of CoreWeave from $140.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, November 11th. Evercore ISI reduced their price target on CoreWeave from $175.00 to $160.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 11th. Finally, Compass Point initiated coverage on CoreWeave in a research report on Thursday, November 13th. They issued a “buy” rating and a $150.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $123.81.

CoreWeave Stock Performance

The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.49 and a current ratio of 0.49. The firm’s 50 day moving average price is $80.01 and its 200-day moving average price is $108.06. The firm has a market capitalization of $38.00 billion and a PE ratio of -67.83.

CoreWeave (NASDAQ:CRWV) last announced its earnings results on Monday, November 10th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.14. The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.28 billion. The company’s quarterly revenue was up 133.7% on a year-over-year basis. During the same quarter last year, the business earned ($1.82) EPS.

Insider Transactions at CoreWeave

In related news, insider Brian M. Venturo sold 281,250 shares of CoreWeave stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $137.80, for a total transaction of $38,756,250.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Magnetar Financial Llc sold 804,514 shares of the company’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $138.48, for a total value of $111,409,098.72. Following the completion of the sale, the insider owned 302,294 shares of the company’s stock, valued at approximately $41,861,673.12. The trade was a 72.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 8,064,605 shares of company stock worth $914,850,031 over the last 90 days.

Institutional Investors Weigh In On CoreWeave

A number of hedge funds have recently modified their holdings of the company. Family Legacy Financial Solutions LLC boosted its holdings in CoreWeave by 166.7% in the 3rd quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock valued at $27,000 after purchasing an additional 125 shares during the last quarter. HighMark Wealth Management LLC acquired a new position in CoreWeave in the third quarter valued at approximately $27,000. OLD Second National Bank of Aurora purchased a new position in CoreWeave in the third quarter worth approximately $27,000. KERR FINANCIAL PLANNING Corp acquired a new stake in CoreWeave during the third quarter worth $27,000. Finally, Princeton Global Asset Management LLC purchased a new stake in CoreWeave in the third quarter valued at $28,000.

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.