CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) insider Brian Venturo sold 76,924 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $118.48, for a total transaction of $9,113,955.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
CoreWeave Stock Performance
CoreWeave stock opened at $117.95 on Friday. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68. The firm has a market cap of $52.79 billion, a P/E ratio of -37.93 and a beta of 7.14. CoreWeave Inc. has a 1-year low of $63.80 and a 1-year high of $187.00. The firm has a 50-day moving average of $110.95 and a 200-day moving average of $93.87.
CoreWeave (NASDAQ:CRWV – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The business had revenue of $2.08 billion for the quarter. During the same quarter in the previous year, the company posted ($0.60) EPS. CoreWeave’s revenue for the quarter was up 111.6% compared to the same quarter last year. Sell-side analysts expect that CoreWeave Inc. will post -4.57 EPS for the current year.
Key CoreWeave News
- Positive Sentiment: Jim Cramer said CoreWeave’s contracted backlog may be larger than Wall Street currently expects, which supports the bullish view that demand for the company’s AI cloud capacity is still accelerating. Article link
- Positive Sentiment: CoreWeave’s new MLPerf Training v6.0 records, including a very fast DeepSeek-V3 training result, reinforce its reputation as a top-tier AI compute platform and may help attract more customers. Article link
- Positive Sentiment: Coverage around CoreWeave’s added AI backlog and its pending Nasdaq-100 inclusion is fueling momentum, since index-related buying can create extra demand for the shares. Article link
- Neutral Sentiment: Several insiders, including the CFO, CEO, and EVP, disclosed large stock sales, but the trades were made under pre-arranged 10b5-1 plans, so investors may view them as less concerning than discretionary selling. SEC filing link
- Neutral Sentiment: Analysts continue to highlight CoreWeave’s heavy 2026 capex plans and leveraged balance sheet as execution risks, even though those investments are tied to rapid AI demand growth. Article link
- Negative Sentiment: Broader caution about an AI capex bubble and valuation risk could weigh on sentiment if investors become more risk-averse toward high-growth infrastructure names like CRWV. Article link
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on CRWV shares. Bank of America raised shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price objective on the stock in a research report on Tuesday, March 24th. Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a research report on Friday, February 27th. Citigroup raised their price objective on shares of CoreWeave from $155.00 to $158.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Weiss Ratings reiterated a “sell (e+)” rating on shares of CoreWeave in a report on Monday, May 4th. Finally, Wells Fargo & Company increased their target price on CoreWeave from $135.00 to $155.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, CoreWeave currently has an average rating of “Moderate Buy” and a consensus target price of $131.52.
Check Out Our Latest Analysis on CRWV
Hedge Funds Weigh In On CoreWeave
Several large investors have recently modified their holdings of the stock. Western Wealth Management LLC bought a new position in CoreWeave in the 1st quarter worth about $300,000. Empowered Funds LLC increased its stake in CoreWeave by 4.1% during the 1st quarter. Empowered Funds LLC now owns 7,251 shares of the company’s stock valued at $562,000 after purchasing an additional 288 shares in the last quarter. NewEdge Advisors LLC increased its stake in CoreWeave by 22.2% during the 1st quarter. NewEdge Advisors LLC now owns 59,155 shares of the company’s stock valued at $4,583,000 after purchasing an additional 10,731 shares in the last quarter. CTC Alternative Strategies Ltd. bought a new stake in CoreWeave during the 1st quarter valued at about $852,000. Finally, Liontrust Investment Partners LLP raised its holdings in CoreWeave by 24.1% in the first quarter. Liontrust Investment Partners LLP now owns 127,752 shares of the company’s stock worth $9,897,000 after buying an additional 24,843 shares during the last quarter.
CoreWeave Company Profile
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.
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