CoreWeave (NASDAQ:CRWV) Given New $45.00 Price Target at DA Davidson

CoreWeave (NASDAQ:CRWV) had its target price reduced by DA Davidson from $100.00 to $45.00 in a research report released on Wednesday morning, Marketbeat reports. They currently have a neutral rating on the stock.

CRWV has been the topic of several other reports. Weiss Ratings restated a “sell (d-)” rating on shares of CoreWeave in a research report on Monday, September 21st. Moffett Nathanson set a $89.00 price objective on CoreWeave in a research note on Monday, October 19th. Roth Capital set a $145.00 price objective on CoreWeave in a research note on Thursday, August 13th. Sanford C. Bernstein cut CoreWeave from a “hold” rating to a “strong sell” rating in a research report on Monday, October 26th. Finally, Piper Sandler cut their target price on shares of CoreWeave from $153.00 to $124.00 and set an “overweight” rating for the company in a research note on Wednesday, October 21st. Twenty-six investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, CoreWeave presently has a consensus rating of “Moderate Buy” and an average target price of $118.66.

CoreWeave Price Performance

CRWV stock opened at $60.77 on Wednesday. CoreWeave has a 1 year low of $40.58 and a 1 year high of $138.25. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46. The stock’s 50 day moving average price is $73.71 and its 200 day moving average price is $89.28. The firm has a market cap of $27.89 billion, a P/E ratio of -12.93 and a beta of 7.71.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, topping the consensus estimate of ($1.52) by $0.38. The company had revenue of $2.58 billion during the quarter. CoreWeave had a negative return on equity of 59.42% and a negative net margin of 25.56%. The business’s quarterly revenue was up 112.5% on a year-over-year basis. During the same period in the previous year, the business posted ($0.27) EPS. On average, sell-side analysts expect that CoreWeave will post -4.99 earnings per share for the current fiscal year.

Insider Activity

In other CoreWeave news, CFO Nitin Agrawal sold 22,579 shares of the business’s stock in a transaction on Monday, October 12th. The stock was sold at an average price of $80.13, for a total value of $1,809,255.27. Following the completion of the transaction, the chief financial officer directly owned 110,017 shares in the company, valued at approximately $8,815,662.21. The trade was a 17.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Sachin Jain sold 13,611 shares of the business’s stock in a transaction on Monday, November 9th. The shares were sold at an average price of $46.23, for a total value of $629,236.53. Following the completion of the transaction, the chief operating officer owned 177,224 shares of the company’s stock, valued at $8,193,065.52. This trade represents a 7.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 3,727,018 shares of company stock valued at $337,495,407 in the last 90 days. Insiders own 24.20% of the company’s stock.

Institutional Investors Weigh In On CoreWeave

Hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC increased its stake in CoreWeave by 4.0% in the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock valued at $181,000 after purchasing an additional 91 shares during the last quarter. Pathway Wealth Management LLC lifted its position in CoreWeave by 2.9% during the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock worth $278,000 after buying an additional 100 shares during the period. Sequoia Financial Advisors LLC lifted its position in CoreWeave by 3.6% during the second quarter. Sequoia Financial Advisors LLC now owns 4,128 shares of the company’s stock worth $411,000 after buying an additional 145 shares during the period. Cooper Financial Group boosted its stake in CoreWeave by 5.0% in the 3rd quarter. Cooper Financial Group now owns 3,066 shares of the company’s stock worth $267,000 after buying an additional 147 shares during the last quarter. Finally, Crumly & Associates Inc. boosted its stake in CoreWeave by 0.4% in the 3rd quarter. Crumly & Associates Inc. now owns 34,602 shares of the company’s stock worth $3,015,000 after buying an additional 150 shares during the last quarter.

Latest CoreWeave News

Investors following CRWV have been watching these news items:

• Positive Sentiment: Strong Q3 growth and raised guidance: Revenue rose 168% year over year to $3.66 billion, beating estimates, and the quarterly loss was narrower than expected. CoreWeave raised its 2026 revenue outlook to $13.0–$13.3 billion. CNBC outlook report
• Positive Sentiment: Large backlog supports demand visibility: Contracted backlog reached about $132.5 billion, while management cited demand outpacing available capacity and stronger GPU pricing. The results also helped revive confidence in the broader AI trade. Backlog and demand report
• Neutral Sentiment: Analysts remain divided: Some raised targets after the report, while others cut targets or stayed cautious, reflecting uncertainty about how quickly growth will translate into sustainable profitability. Analyst outlook

About CoreWeave

CoreWeave is a cloud computing company that provides infrastructure for artificial intelligence, machine learning, and other compute-intensive workloads. Its services include access to graphics processing units (GPUs), cloud storage and networking, and software tools for deploying and managing workloads. The company was founded in 2017 as a cryptocurrency mining business and later shifted its focus to cloud computing. CoreWeave is headquartered in Livingston, New Jersey, and operates data center infrastructure in the United States and Europe, serving customers that need large-scale computing resources.