CoreWeave (NASDAQ:CRWV) Trading Down 5.9% Following Analyst Downgrade

Shares of CoreWeave Inc. (NASDAQ:CRWV) were down 5.9% during mid-day trading on Thursday after Citigroup lowered their price target on the stock from $135.00 to $126.00. Citigroup currently has a buy rating on the stock. CoreWeave traded as low as $73.25 and last traded at $74.82. Approximately 22,465,916 shares were traded during trading, a decline of 19% from the average daily volume of 27,576,086 shares. The stock had previously closed at $79.50.

A number of other research firms also recently issued reports on CRWV. Compass Point began coverage on CoreWeave in a research report on Thursday, November 13th. They issued a “buy” rating and a $150.00 target price for the company. Stifel Nicolaus set a $120.00 price objective on CoreWeave in a report on Tuesday, November 11th. The Goldman Sachs Group assumed coverage on shares of CoreWeave in a report on Monday, January 12th. They set a “neutral” rating and a $86.00 price objective on the stock. Mizuho reduced their target price on shares of CoreWeave from $100.00 to $95.00 and set a “neutral” rating for the company in a research note on Friday, February 27th. Finally, DA Davidson boosted their price target on shares of CoreWeave from $110.00 to $125.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Seventeen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, CoreWeave currently has an average rating of “Hold” and an average target price of $121.77.

Insider Activity at CoreWeave

In related news, insider Jeff Baker sold 2,374 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $90.83, for a total transaction of $215,630.42. Following the completion of the transaction, the insider directly owned 41,275 shares in the company, valued at $3,749,008.25. The trade was a 5.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Kristen J. Mcveety sold 2,671 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $97.92, for a total value of $261,544.32. Following the completion of the sale, the insider directly owned 120,079 shares in the company, valued at approximately $11,758,135.68. The trade was a 2.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,336,165 shares of company stock valued at $372,860,338 in the last ninety days.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Multi‑year Perplexity contract strengthens CoreWeave’s position in high‑value AI inference workloads and validates its GPU‑first, low‑latency cloud strategy — a revenue driver over time. Read More.
• Neutral Sentiment: Some analysts still see upside/longer‑term value: Citigroup kept a Buy rating (cutting its PT), Barclays and HC Wainwright have supportive stances — meaning mixed analyst views could limit panic selling but leave near‑term volatility. Read More.
• Negative Sentiment: CoreWeave reported a much larger Q4 net loss (reported $452M), missed EPS expectations and issued soft near‑term guidance — these results and guidance drove immediate investor concern about profitability and capital needs. Read More.
• Negative Sentiment: Multiple plaintiffs’ firms have filed suits or issued lead‑plaintiff deadline alerts (March 13), escalating legal risk and adding headline risk and potential liability that weigh on the stock. Read More.
• Negative Sentiment: Independent coverage flagged a “capex shock” — management’s very large planned capital spending for 2026 (billions) to meet backlog raises execution and leverage risk; investors are worried about near‑term cash burn and margin pressure. Read More.

Institutional Trading of CoreWeave

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

CoreWeave Stock Down 5.9%

The company has a market cap of $31.35 billion and a P/E ratio of -23.38. The stock has a 50-day moving average of $88.63 and a two-hundred day moving average of $99.01. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.49 and a current ratio of 0.46.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The business 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.