CoreWeave (NASDAQ:CRWV) Trading 4% Higher – Here’s What Happened

CoreWeave Inc. (NASDAQ:CRWV)’s stock price was up 4% on Friday . The company traded as high as $81.50 and last traded at $80.14. Approximately 26,206,384 shares changed hands during mid-day trading, an increase of 9% from the average daily volume of 23,968,830 shares. The stock had previously closed at $77.09.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: DA Davidson upgraded CRWV to “Neutral” (from Underperform), citing OpenAI fundraising as a potential short‑term demand catalyst for GPU capacity — a near‑term positive for revenue visibility. DA Davidson upgrade
• Positive Sentiment: Recent quarterly results showed a revenue beat and much faster year‑over‑year top‑line growth (revenue +133.7% YoY and EPS ahead of estimates), supporting the growth narrative that attracts investors to GPU cloud providers. Earnings summary
• Neutral Sentiment: Wells Fargo lowered its price target from $150 to $125 but kept an Overweight rating — a mixed analyst view that reduces upside expectations while maintaining conviction in the thesis. Wells Fargo note
• Neutral Sentiment: Other brokers have shifted toward cautious/hold stances or initiated coverage at neutral/hold levels — sentiment is moving from aggressive growth euphoria toward more measured expectations. Analyst coverage shift
• Negative Sentiment: Significant insider selling in early January: CEO Michael Intrator (~61,386 shares), Brian Venturo (~206,952 shares across Jan 6–7), and Brannin McBee (~166,670 shares) together sold ~435k shares (~$34M). Heavy insider sales can be interpreted by the market as a negative signal on near‑term conviction. SEC Form 4 filings
• Negative Sentiment: Multiple law firms (Kessler Topaz, Pomerantz, Kaplan Fox, Schall) have opened securities‑class‑action investigations into CoreWeave, increasing litigation and disclosure risk which can pressure the stock and add potential future costs. Kessler Topaz alert
• Negative Sentiment: Fundamental concerns: a Seeking Alpha piece highlights that CoreWeave’s strong backlog may be offset by high leverage and balance‑sheet risks — a reminder that fast growth carries financing and margin pressures. Seeking Alpha analysis

Analyst Upgrades and Downgrades

CRWV has been the subject of a number of recent research reports. Wells Fargo & Company lowered their price objective on shares of CoreWeave from $150.00 to $125.00 and set an “overweight” rating for the company in a report on Thursday. Morgan Stanley boosted their price target on shares of CoreWeave from $91.00 to $99.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 11th. Citigroup reaffirmed a “buy” rating and set a $135.00 price objective (down from $192.00) on shares of CoreWeave in a research note on Friday, December 19th. Loop Capital decreased their price objective on CoreWeave from $165.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Finally, HC Wainwright restated a “buy” rating and set a $180.00 target price on shares of CoreWeave in a report on Wednesday, November 12th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $125.39.

CoreWeave Stock Performance

The business has a fifty day moving average of $82.86 and a 200 day moving average of $110.62. The company has a market cap of $30.97 billion and a P/E ratio of -55.27. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 2.66.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings data on Monday, November 10th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.14. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.28 billion. During the same period in the previous year, the firm posted ($1.82) earnings per share. The firm’s revenue for the quarter was up 133.7% compared to the same quarter last year.

Insider Transactions at CoreWeave

In other CoreWeave news, major shareholder Magnetar Financial Llc sold 1,004,073 shares of the firm’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $143.51, for a total value of $144,094,516.23. Following the completion of the sale, the insider directly owned 2,246,787 shares in the company, valued at $322,436,402.37. This trade represents a 30.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders have sold 11,668,646 shares of company stock valued at $1,432,924,483 over the last ninety days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Family Legacy Financial Solutions LLC boosted its position in shares of CoreWeave by 166.7% during the third quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock valued at $27,000 after purchasing an additional 125 shares in the last quarter. HighMark Wealth Management LLC purchased a new position in CoreWeave during the third quarter valued at $27,000. OLD Second National Bank of Aurora bought a new stake in shares of CoreWeave during the 3rd quarter valued at $27,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of CoreWeave during the 3rd quarter valued at $27,000. Finally, Princeton Global Asset Management LLC purchased a new stake in shares of CoreWeave in the 3rd quarter worth about $28,000.

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.