CoreWeave (NASDAQ:CRWV) Stock Price Up 1.3% After Analyst Upgrade

CoreWeave Inc. (NASDAQ:CRWV) shot up 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. 20,821,091 shares traded hands during trading, a decline of 21% from the average session volume of 26,203,779 shares. The stock had previously closed at $81.96.

Several other brokerages also recently weighed in on CRWV. Needham & Company LLC reaffirmed a “hold” rating on shares of CoreWeave in a research note on Friday, February 27th. Oppenheimer began coverage on CoreWeave in a research note on Friday, March 6th. They issued an “outperform” rating and a $140.00 price target for the company. The Goldman Sachs Group initiated coverage on CoreWeave in a report on Monday, January 12th. They set a “neutral” rating and a $86.00 price target on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of CoreWeave in a report on Monday, December 29th. Finally, Roth Mkm reiterated a “buy” rating on shares of CoreWeave in a research report on Monday, February 23rd. Nineteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $121.06.

Insider Transactions at CoreWeave

In related 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 transaction of $23,526,562.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Michael N. Intrator sold 32,455 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $81.41, for a total transaction of $2,642,161.55. Following the completion of the sale, the chief executive officer owned 5,698,957 shares in the company, valued at approximately $463,952,089.37. This trade represents a 0.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 4,786,814 shares of company stock worth $405,782,893 over the last 90 days.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: BofA/Bank of America reinstated coverage and upgraded CoreWeave to a “Buy” with a $100 price target, arguing the company’s AI-focused cloud positions it to capture durable demand; this upgrade is the main near-term bullish catalyst. Analyst: AI Advantage Makes CoreWeave Stock a ‘Buy’
• Positive Sentiment: CoreWeave announced Zonos selected its cloud to power AI-driven cross-border commerce systems, a commercial win that supports revenue growth and customer adoption stories for its low-latency GPU cloud. CoreWeave Selected by Zonos to Power Cross-Border Commerce Solutions
• Neutral Sentiment: News outlets noted the share uptick following BofA’s reinstatement of coverage — helpful for momentum but not fundamentally new information beyond the upgrade. CoreWeave rises after BofA reinstates coverage with Buy rating
• Neutral Sentiment: Analyses are split on valuation: some commentators suggest recent weakness makes CoreWeave look more attractive, but note volatility and mixed short-term returns — this frames the trade but doesn’t change fundamentals. Is It Time To Reassess CoreWeave (CRWV) After Recent Share Price Weakness?
• Neutral Sentiment: Industry debate over accounting for AI hardware (Michael Burry’s critique about stretched depreciation of GPUs/servers) adds a watch-list risk for AI/cloud providers’ reported margins and capital intensity, though it’s an industry-level discussion rather than a CoreWeave-specific finding. Was Michael Burry Right About AI Stocks for the Wrong Reason?
• Negative Sentiment: Insider selling disclosed recently (reported sale ~ $23.5M) could be perceived negatively by investors watching management/insider conviction. Insider Selling: CoreWeave (NASDAQ:CRWV) Insider Sells $23,526,562.50 in Stock
• Negative Sentiment: Reports highlight elevated financing concerns and pressure from Q4 results (EPS miss, negative margins and high leverage), which remain material risks that can cap upside until profitability/financing prospects improve. Elevated Financing Concerns Hurt CoreWeave (CRWV) in Q4

Institutional Trading of CoreWeave

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

CoreWeave Stock Up 1.3%

The stock has a fifty day moving average of $89.21 and a 200-day moving average of $97.66. The firm has a market capitalization of $34.79 billion and a price-to-earnings ratio of -25.94. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 4.46.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The company had revenue of $1.57 billion during the quarter. CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. CoreWeave’s revenue for the quarter 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.