CoreWeave (NASDAQ:CRWV) Trading Up 19.5% – Still a Buy?

CoreWeave Inc. (NASDAQ:CRWV)’s stock price traded up 19.5% on Monday . The company traded as high as $86.20 and last traded at $85.76. 44,121,378 shares changed hands during mid-day trading, an increase of 55% from the average session volume of 28,407,844 shares. The stock had previously closed at $71.77.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave signed a multi-year agreement with Solidigm for priority access to enterprise SSD capacity. The arrangement should help the company scale storage alongside GPU compute, strengthening its integrated AI cloud platform and reducing a potential infrastructure bottleneck. CoreWeave Signs Multi-Year Agreement With Solidigm to Strengthen Its Integrated AI Cloud Platform
• Positive Sentiment: The company’s planned entry into Indonesia is the main recent catalyst. Three data centers with 360 megawatts of contracted IT power are expected to come online in 2028, giving CoreWeave its first Asia-Pacific presence and positioning it to serve regional AI demand, data-sovereignty requirements and enterprise customers. 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 and a $151 target. The recommendations reinforce expectations for substantial long-term growth in AI compute demand. CoreWeave initiated with Overweight
• Neutral Sentiment: Options activity has been unusually elevated, with call volume above typical levels. High short-borrowing costs and a sizable implied earnings move could amplify gains if results and guidance are strong, but they also increase downside and volatility risk. CoreWeave Powers Up: The Asia Infrastructure Grab
• Negative Sentiment: CoreWeave’s Aug. 11 earnings report is a near-term uncertainty. Analysts expect quarterly earnings to decline, and the company previously missed consensus EPS estimates despite revenue growth exceeding 100% year over year. Earnings Preview: CoreWeave Q2 Earnings Expected to Decline
• Negative Sentiment: Investors continue to face balance-sheet and execution concerns: CoreWeave remains unprofitable, carries substantial leverage and has a current ratio near 0.31. Reported insider selling and the heavy spending required for global data-center construction add to the risk profile.

Wall Street Analyst Weigh In

CRWV has been the topic of a number of recent analyst reports. Piper Sandler assumed coverage on shares of CoreWeave in a report on Monday. They set an “overweight” rating and a $151.00 price target on the stock. JPMorgan Chase & Co. increased their price objective on shares of CoreWeave from $90.00 to $105.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Roth Capital reaffirmed a “buy” rating and issued a $150.00 target price on shares of CoreWeave in a research report on Friday, May 8th. Robert W. Baird assumed coverage on shares of CoreWeave in a research note on Tuesday, July 21st. They set an “outperform” rating and a $100.00 target price for the company. Finally, Cantor Fitzgerald initiated coverage on CoreWeave in a report on Wednesday, July 22nd. They set an “overweight” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $136.21.

CoreWeave Stock Down 2.2%

The company’s 50 day moving average price is $92.90 and its two-hundred day moving average price is $95.03. The firm has a market cap of $40.23 billion, a PE ratio of -28.90 and a beta of 7.44. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing the consensus estimate of ($1.17) by ($0.23). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company had revenue of $2.08 billion during the quarter. During the same period last year, the business earned ($0.60) EPS. CoreWeave’s quarterly revenue was up 111.6% compared to the same quarter last year. On average, equities research analysts expect that CoreWeave Inc. will post -5.16 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Brannin Mcbee sold 13,000 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $71.04, for a total transaction of $923,520.00. 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, CEO Michael N. Intrator sold 200,000 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $66.62, for a total transaction of $13,324,000.00. Following the completion of the sale, the chief executive officer directly owned 2,276,815 shares of the company’s stock, valued at $151,681,415.30. This represents a 8.07% decrease in their ownership of the stock. 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. Insiders sold a total of 9,896,429 shares of company stock worth $1,020,245,715 over the last quarter. 24.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On CoreWeave

Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of CoreWeave by 275.6% during the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after purchasing an additional 20,487,478 shares during the period. Proficio Capital Partners LLC increased its stake in CoreWeave by 446,194.0% in the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after buying an additional 17,847,760 shares in the last quarter. Deutsche Bank AG increased its stake in 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 buying an additional 3,796,077 shares in the last quarter. Altimeter Capital Management LP bought a new stake in CoreWeave during the fourth quarter valued at about $230,099,000. Finally, Alyeska Investment Group L.P. raised its holdings in CoreWeave by 300.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock valued at $286,440,000 after acquiring an additional 3,000,000 shares during the period.

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.