Northland Securities Weighs in on CoreWeave Q3 Earnings

CoreWeave Inc. (NASDAQ:CRWV) – Research analysts at Northland Securities issued their Q3 2026 earnings per share (EPS) estimates for CoreWeave in a research report issued on Wednesday, August 12th. Northland Securities analyst N. Chokshi expects that the company will post earnings per share of ($1.62) for the quarter. The consensus estimate for CoreWeave’s current full-year earnings is ($5.37) per share. Northland Securities also issued estimates for CoreWeave’s Q4 2026 earnings at ($1.14) EPS, FY2026 earnings at ($5.50) EPS, Q1 2027 earnings at ($1.25) EPS, Q2 2027 earnings at ($1.02) EPS, Q3 2027 earnings at ($1.10) EPS, Q4 2027 earnings at $0.16 EPS and FY2027 earnings at ($3.18) EPS.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, topping the consensus estimate of ($1.52) by $0.38. The business had revenue of $2.58 billion during the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The firm’s revenue for the quarter was up 112.5% compared to the same quarter last year. During the same quarter last year, the business posted ($0.27) earnings per share.

Other equities research analysts have also recently issued reports about the stock. Oppenheimer boosted their price objective on shares of CoreWeave from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Needham & Company LLC reaffirmed a “hold” rating on shares of CoreWeave in a research note on Thursday, August 13th. Mizuho boosted their price target on CoreWeave from $100.00 to $115.00 and gave the company a “neutral” rating in a report on Wednesday, August 12th. Wolfe Research reissued an “outperform” rating on shares of CoreWeave in a research note on Monday, July 6th. Finally, JPMorgan Chase & Co. raised their price objective on CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Twenty-one research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $139.80.

CoreWeave Trading Down 1.2%

CRWV stock opened at $89.76 on Friday. CoreWeave has a 12 month low of $60.55 and a 12 month high of $153.20. The firm’s 50-day moving average is $90.25 and its 200 day moving average is $94.79. The company has a market capitalization of $41.19 billion, a PE ratio of -24.59 and a beta of 7.44. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46.

Insider Buying and Selling

In other CoreWeave news, 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 sale, the insider directly owned 220,810 shares of the company’s stock, valued at approximately $24,013,087.50. This represents a 58.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Jack D. Cogen sold 986,540 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $107.80, for a total transaction of $106,349,012.00. The SEC filing for this sale provides additional information. Insiders sold 9,488,111 shares of company stock valued at $938,023,466 over the last 90 days. Corporate insiders own 24.20% of the company’s stock.

Institutional Investors Weigh In On CoreWeave

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings 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 last quarter. Proficio Capital Partners LLC grew its stake in CoreWeave by 446,194.0% during 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 during the last quarter. Alyeska Investment Group L.P. grew its stake in CoreWeave by 55.7% during the 2nd quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock worth $1,084,117,000 after buying an additional 3,897,741 shares during the last quarter. Deutsche Bank AG increased its position in CoreWeave by 22,624.0% during the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock valued at $273,039,000 after buying an additional 3,796,077 shares in the last quarter. Finally, Altimeter Capital Management LP acquired a new position in CoreWeave during the 4th quarter valued at about $230,099,000.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced a multi-year agreement with Hudson River Trading (HRT) to provide AI cloud infrastructure for next-generation quantitative-trading research. HRT plans to use CoreWeave’s platform, including NVIDIA’s Vera Rubin NVL72 systems and Spectrum-X networking; reports described the contract as potentially worth billions of dollars. Hudson River Trading to Build Next-Gen Research Platform Powered by NVIDIA Vera Rubin NVL72 on CoreWeave Cloud
• Positive Sentiment: Recent operating results remain powerful: second-quarter revenue rose 112.5% year over year to approximately $2.58 billion, and backlog reached $104.2 billion. Analysts cited improving margins, operating leverage and strong AI demand while upgrading the stock to Strong Buy, with price targets ranging from $110 to $151. CoreWeave Strong Buy, But Debt and Dilution Risk Is Real
• Neutral Sentiment: The HRT announcement has not fully translated into enthusiasm because the agreement’s precise financial terms were not disclosed, leaving investors to weigh its long-term revenue potential against near-term valuation and execution risks.
• Negative Sentiment: CEO Michael N. Intrator sold 307,692 shares for approximately $29.5 million on August 18, reducing his direct holdings. Although the transactions were executed under a pre-arranged Rule 10b5-1 plan, the size of the sales can still pressure sentiment. CoreWeave CEO SEC Form 4
• Negative Sentiment: Other executives also disclosed substantial Rule 10b5-1 sales, including roughly $26.5 million from insider Brannin Mcbee and $678,786 from EVP Chen Goldberg. The repeated selling adds an overhang even though it may reflect scheduled diversification rather than a change in business outlook. CoreWeave EVP Sells Stock
• Negative Sentiment: CoreWeave’s debt-heavy balance sheet remains a key risk. Its debt-to-equity ratio is 5.53, while negative earnings and rising interest costs leave the company sensitive to higher Treasury yields, dilution concerns and fears of excess AI data-center capacity. Why Is CoreWeave Stock Falling?

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.