CoreWeave (NASDAQ:CRWV) Trading Up 1.3% on Analyst Upgrade

CoreWeave Inc. (NASDAQ:CRWV) shares rose 1.3% during mid-day trading on Tuesday after Bank of America upgraded the stock from a neutral rating to a buy rating. Bank of America now has a $100.00 price target on the stock. CoreWeave traded as high as $84.50 and last traded at $83.02. Approximately 20,821,091 shares were traded during trading, a decline of 21% from the average daily volume of 26,203,779 shares. The stock had previously closed at $81.96.

Other equities research analysts also recently issued reports about the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of CoreWeave in a research report on Monday, December 29th. The Goldman Sachs Group initiated coverage on shares of CoreWeave in a report on Monday, January 12th. They issued a “neutral” rating and a $86.00 price target on the stock. Truist Financial raised their price objective on shares of CoreWeave from $84.00 to $85.00 and gave the company a “hold” rating in a research report on Friday, February 27th. Roth Mkm reaffirmed a “buy” rating on shares of CoreWeave in a report on Monday, February 23rd. Finally, Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a research report on Friday, February 27th. Nineteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $121.06.

Insider Buying and Selling

In other CoreWeave news, insider Brannin Mcbee sold 300,000 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $72.61, for a total value of $21,783,000.00. Following the sale, the insider owned 248,664 shares of the company’s stock, valued at $18,055,493.04. This trade represents a 54.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian M. Venturo sold 281,250 shares of the business’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $91.77, for a total transaction of $25,810,312.50. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,672,229 shares of company stock valued at $397,217,755 over the last three months.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: BofA upgraded CoreWeave to a “Buy” and set a $100 price target, citing the company’s AI positioning — the upgrade helped lift sentiment and likely triggered buying from institutions and momentum players. Analyst: AI Advantage Makes CoreWeave Stock a ‘Buy’
• Positive Sentiment: CoreWeave won a contract with Zonos to power AI-driven cross‑border commerce systems — a commercial win that may translate into multi‑year, recurring cloud revenue and better utilization for its GPU infrastructure. CoreWeave Selected by Zonos
• Positive Sentiment: Analyst writeups (Zacks) highlight the Zonos deal as the kind of recurring, enterprise SaaS-style revenue CoreWeave needs to stabilize growth and margins — reinforcing the view that new enterprise deals can improve revenue quality. CoreWeave Wins Zonos Contract: A New Recurring Revenue Opportunity?
• Neutral Sentiment: Valuation checks and commentary note the recent pullback has made CRWV more approachable for some investors, but opinions differ on whether the stock is fairly priced given execution risk and capex needs. Valuation Check After Recent Pullback
• Neutral Sentiment: Longer-form analysis frames CoreWeave as a “compelling risk/reward” but flags a capex backlog that could weigh on near‑term cash flow — mixed implications for investors balancing growth vs. profitability. Compelling Risk/Reward Despite Capex Backlog
• Neutral Sentiment: Commentary pieces argue CoreWeave (and peers) can counter AI skepticism if execution and product performance continue to improve — supportive narrative but not immediate catalyst. How CoreWeave Can Prove AI Doubters Wrong
• Negative Sentiment: A RiverPark investor letter and other coverage note shares have fallen at times despite >40% revenue growth, underscoring investor concern that top-line momentum hasn’t yet translated into sustainable profits. CoreWeave Fell Despite >40% Revenue Growth
• Negative Sentiment: Broader scrutiny (e.g., Michael Burry‑linked commentary) about accounting and depreciation for AI hardware could keep pressure on valuation multiples for GPU‑heavy cloud providers if regulators or investors demand more conservative assumptions. Was Michael Burry Right About AI Stocks?

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CRWV. Sivia Capital Partners LLC bought a new position in CoreWeave during the 2nd quarter valued at approximately $39,824,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of CoreWeave during the second quarter valued at approximately $571,000. TD Waterhouse Canada Inc. purchased a new position in shares of CoreWeave during the second quarter valued at approximately $47,000. AlphaCore Capital LLC bought a new position in shares of CoreWeave during the second quarter valued at approximately $202,000. Finally, Jefferies Financial Group Inc. bought a new position in shares of CoreWeave during the second quarter valued at approximately $1,889,000.

CoreWeave Price Performance

The company has a market cap of $36.70 billion and a PE ratio of -27.37. The business has a 50 day moving average of $89.08 and a 200 day moving average of $97.55. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.46 and a quick ratio of 0.46.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $1.57 billion for the quarter. The company’s quarterly revenue was up 110.4% compared to the same quarter last year.

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.