CoreWeave (NASDAQ:CRWV) Trading Up 5.5% Following Analyst Upgrade

Shares of CoreWeave Inc. (NASDAQ:CRWV) rose 5.5% on Wednesday 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 $88.75 and last traded at $87.58. Approximately 18,699,141 shares changed hands during trading, a decline of 28% from the average daily volume of 26,118,121 shares. The stock had previously closed at $83.02.

A number of other research firms also recently weighed in on CRWV. Oppenheimer began coverage on shares of CoreWeave in a research note on Friday, March 6th. They issued an “outperform” rating and a $140.00 price target on the stock. Deutsche Bank Aktiengesellschaft upgraded CoreWeave from a “hold” rating to a “buy” rating and increased their price target for the company from $100.00 to $140.00 in a research note on Tuesday, January 27th. The Goldman Sachs Group began coverage on CoreWeave in a report on Monday, January 12th. They set a “neutral” rating and a $86.00 price objective on the stock. Sanford C. Bernstein began coverage on CoreWeave in a research report on Thursday, March 5th. They set an “underperform” rating and a $56.00 price objective on the stock. Finally, Truist Financial upped their target price on CoreWeave from $84.00 to $85.00 and gave the stock a “hold” rating in a report on Friday, February 27th. Nineteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $121.06.

Insiders Place Their Bets

In other news, insider Brian M. Venturo sold 281,250 shares of CoreWeave stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $83.65, for a total value of $23,526,562.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Nitin Agrawal sold 38,456 shares of CoreWeave stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $83.23, for a total value of $3,200,692.88. Following the completion of the sale, the chief financial officer owned 189,892 shares of the company’s stock, valued at approximately $15,804,711.16. The trade was a 16.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 4,672,229 shares of company stock valued at $397,217,755.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Bank of America upgraded CoreWeave to Buy and the upgrade helped earlier upside in the stock, signaling improved sell‑side conviction that could support further inflows. CoreWeave (NASDAQ:CRWV) Raised to Buy at Bank of America
• Positive Sentiment: CoreWeave won a Zonos contract to power AI-driven cross‑border commerce — a multi‑year, enterprise SaaS-style engagement that may add recurring revenue and improve revenue quality over time. CoreWeave Wins Zonos Contract: A New Recurring Revenue Opportunity?
• Neutral Sentiment: Analyst/market comparisons: a Zacks roundup comparing CoreWeave to Nebius highlights sector competition — Nebius’s rapid revenue growth and big OEM deals increase investor choice in AI cloud exposure but also underscore different risk profiles. Nebius vs. CoreWeave: Which AI Cloud Stock is the Better Bet?
• Neutral Sentiment: Seeking Alpha published a deeper long‑term view calling CoreWeave a compelling risk/reward opportunity but flagged a capex backlog — useful for longer‑horizon investors weighing growth vs. capital intensity. CoreWeave: A Compelling Risk/Reward Opportunity Despite Capex Backlog
• Neutral Sentiment: Commentary noted that CRWV fell despite >40% revenue growth, reflecting investor focus on margins, losses and execution rather than top‑line alone. This keeps the stock sensitive to earnings and guidance. CoreWeave (CRWV) Fell Despite More Than 40% Revenue Growth
• Negative Sentiment: Large insider selling: Director/insider Brannin McBee sold multiple blocks (totaling ~166,665 shares across filings) around ~$82.53 — a substantial reduction in ownership (~28.7% decline for this insider). Large insider sales can weigh on sentiment, especially given existing profitability and leverage concerns. SEC Filing – Insider Sale

Hedge Funds Weigh In On CoreWeave

Several institutional investors have recently made changes to their positions in the stock. Hazlett Burt & Watson Inc. lifted its position in CoreWeave by 34.7% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock valued at $33,000 after acquiring an additional 119 shares in the last quarter. Chilton Capital Management LLC boosted its stake in CoreWeave by 50.2% during the 3rd quarter. Chilton Capital Management LLC now owns 362 shares of the company’s stock valued at $50,000 after purchasing an additional 121 shares during the last quarter. Cullen Frost Bankers Inc. increased its holdings in CoreWeave by 45.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after purchasing an additional 121 shares in the last quarter. Family Legacy Financial Solutions LLC raised its stake in shares of CoreWeave by 166.7% in the third quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock worth $27,000 after purchasing an additional 125 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its stake in shares of CoreWeave by 26.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 600 shares of the company’s stock worth $43,000 after purchasing an additional 125 shares during the last quarter.

CoreWeave Stock Down 8.1%

The company has a debt-to-equity ratio of 4.46, a current ratio of 0.46 and a quick ratio of 0.46. The stock has a fifty day moving average price of $88.78 and a two-hundred day moving average price of $97.43. The company has a market cap of $33.71 billion and a P/E ratio of -25.14.

CoreWeave (NASDAQ:CRWV) last announced its quarterly 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). The company had revenue of $1.57 billion for the quarter. CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The firm’s quarterly revenue was up 110.4% on a year-over-year basis.

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.