CoreWeave (NASDAQ:CRWV) Earns Outperform Rating from Analysts at Oppenheimer

Oppenheimer started coverage on shares of CoreWeave (NASDAQ:CRWV) in a research note released on Friday morning, MarketBeat.com reports. The brokerage issued an outperform rating and a $140.00 target price on the stock.

CRWV has been the subject of a number of other research reports. Evercore cut their price objective on shares of CoreWeave from $175.00 to $160.00 and set an “outperform” rating for the company in a research report on Tuesday, November 11th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $131.00 target price on shares of CoreWeave in a report on Friday, February 27th. Loop Capital lowered their target price on CoreWeave from $165.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. UBS Group reissued a “neutral” rating on shares of CoreWeave in a report on Friday, January 16th. Finally, The Goldman Sachs Group initiated coverage on CoreWeave in a research report on Monday, January 12th. They issued a “neutral” rating and a $86.00 price target for the company. Eighteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $122.35.

CoreWeave Price Performance

Shares of NASDAQ:CRWV opened at $72.99 on Friday. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 4.46. The stock has a market capitalization of $30.58 billion and a PE ratio of -22.81. The firm’s 50 day moving average price is $88.48 and its 200-day moving average price is $98.77. CoreWeave has a twelve month low of $33.51 and a twelve month high of $187.00.

CoreWeave (NASDAQ:CRWV) last announced its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The business had revenue of $1.57 billion for the quarter. CoreWeave’s revenue for the quarter was up 110.4% compared to the same quarter last year.

Insider Activity at CoreWeave

In related news, CEO Michael N. Intrator sold 111,427 shares of the company’s stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $72.39, for a total value of $8,066,200.53. Following the completion of the transaction, the chief executive officer owned 5,922,620 shares of the company’s stock, valued at approximately $428,738,461.80. This represents a 1.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Brian M. Venturo sold 281,250 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $87.75, for a total value of $24,679,687.50. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 4,454,665 shares of company stock worth $381,491,899.

Institutional Trading of CoreWeave

Several institutional investors and hedge funds have recently added to or reduced their stakes in CRWV. Vanguard Group Inc. grew its holdings in 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 buying an additional 20,487,478 shares in the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of CoreWeave by 446,194.0% in the third 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 lifted its holdings in shares of CoreWeave by 22,624.0% in the fourth 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 position in shares of CoreWeave during the fourth quarter worth $230,099,000. Finally, Alyeska Investment Group L.P. boosted its position in shares of CoreWeave by 300.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock worth $286,440,000 after acquiring an additional 3,000,000 shares during the last quarter.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Won a multi‑year agreement to power Perplexity’s AI inference workloads, validating CoreWeave’s performance positioning in the high‑margin inference market and supporting long‑term revenue growth. Read More.
• Positive Sentiment: Backlog surged to $66.8B (up >4x YoY), giving strong contract visibility that supports management’s aggressive expansion plan and future revenue conversion. Read More.
• Positive Sentiment: Oppenheimer initiated coverage with an “Outperform” and a $140 price target, signaling conviction in CRWV’s multi‑year growth runway despite current headwinds. Read More.
• Neutral Sentiment: Company presented at the Morgan Stanley TMT conference (analyst/transcript coverage) — useful for model/visibility but not an immediate catalyst. Read More.
• Negative Sentiment: Multiple class‑action filings and numerous law‑firm deadline notices following Q4 results — litigation risk, potential legal costs and management distraction that typically pressure share prices. Read More.
• Negative Sentiment: Large Q4 loss (~$452M), soft guidance and reports of a $30–$35B 2026 capex plan have sparked “capex shock” concerns — raises near‑term cash‑flow and profitability risk despite backlog. Read More. Read More.
• Negative Sentiment: Negative analyst moves (Sanford C. Bernstein “underperform/strong sell” coverage) and recent CFO share sales amplify downside sentiment and signal caution to some investors. Read More. Read More.

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.