CoreWeave (NASDAQ:CRWV) Shares Down 6.1% – Should You Sell?

CoreWeave Inc. (NASDAQ:CRWV)’s stock price was down 6.1% during mid-day trading on Tuesday . The stock traded as low as $101.12 and last traded at $107.75. Approximately 32,612,794 shares were traded during mid-day trading, an increase of 16% from the average daily volume of 28,217,105 shares. The stock had previously closed at $114.70.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave reported strong Q1 2026 results, with revenue of $2.1 billion and a $99.4 billion backlog, reinforcing the case that demand for its AI infrastructure remains very strong. Article Title
• Positive Sentiment: Bank of America raised its price target on CoreWeave to $140 from $120 and kept a Buy rating, signaling continued confidence in the company’s AI growth opportunity. Article Title
• Positive Sentiment: Cantor Fitzgerald also lifted its target to $167 and maintained an Overweight rating, while other coverage reiterated bullish views on CoreWeave’s role in AI infrastructure. Article Title
• Positive Sentiment: CoreWeave said it ranked #1 in an independent benchmark for inference speed and price-performance for Moonshot AI’s Kimi K2.6 model, which may support its competitiveness in AI cloud services. Article Title
• Neutral Sentiment: Commentary highlighted CoreWeave as a major AI “superstock” with ties to OpenAI, Meta, and NVIDIA, which keeps the long-term growth narrative alive but adds little new near-term financial detail. Article Title
• Neutral Sentiment: CoreWeave CEO remarks about 2027 revenue dominance suggest confidence in future growth, but the market appears to be weighing that against execution risk and the company’s heavy spending needs.
• Negative Sentiment: Despite strong revenue growth, investors remain cautious because CoreWeave is still posting sizable losses and carrying a high debt load, which continues to limit enthusiasm. Article Title
• Negative Sentiment: Reports of a large insider stock sale and headlines saying the AI growth story is slowing have added to investor concerns and may be contributing to weakness in CRWV shares. Article Title

Wall Street Analyst Weigh In

Several research analysts have issued reports on CRWV shares. The Goldman Sachs Group started coverage on CoreWeave in a research report on Monday, January 12th. They issued a “neutral” rating and a $86.00 target price on the stock. UBS Group reaffirmed a “neutral” rating on shares of CoreWeave in a research report on Friday, January 16th. Citizens Jmp reaffirmed a “market outperform” rating and set a $180.00 price objective on shares of CoreWeave in a research report on Friday, February 27th. Needham & Company LLC reaffirmed a “hold” rating on shares of CoreWeave in a research report on Friday, February 27th. Finally, Wells Fargo & Company lifted their target price on CoreWeave from $135.00 to $155.00 and gave the company an “overweight” rating in a research note on Friday. Twenty analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $131.88.

CoreWeave Trading Down 6.1%

The stock has a market cap of $47.73 billion, a P/E ratio of -34.65 and a beta of 7.84. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 4.46. The company has a 50-day moving average price of $94.85 and a two-hundred day moving average price of $92.18.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 47.88%. The company had revenue of $1.57 billion for the quarter. The business’s quarterly revenue was up 110.4% on a year-over-year basis. On average, research analysts expect that CoreWeave Inc. will post -4.15 EPS for the current fiscal year.

Insider Buying and Selling at CoreWeave

In other CoreWeave news, major shareholder Magnetar Financial Llc sold 1,404,667 shares of the company’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $118.30, for a total value of $166,172,106.10. Following the transaction, the insider owned 282,570 shares of the company’s stock, valued at $33,428,031. This represents a 83.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Brian M. Venturo sold 1,125,000 shares of the company’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $80.86, for a total value of $90,967,500.00. Following the completion of the transaction, the insider directly owned 285,327 shares in the company, valued at $23,071,541.22. This trade represents a 79.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 24,140,849 shares of company stock worth $2,703,881,259 in the last ninety days.

Hedge Funds Weigh In On CoreWeave

Hedge funds have recently bought and sold shares of the business. AE Wealth Management LLC purchased a new stake in shares of CoreWeave in the 3rd quarter worth $4,241,000. Vanguard Group Inc. lifted its holdings in shares of CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after buying an additional 20,487,478 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of CoreWeave by 6,022.0% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,768 shares of the company’s stock worth $8,075,000 after buying an additional 110,926 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of CoreWeave by 67.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,947 shares of the company’s stock worth $4,794,000 after buying an additional 26,907 shares during the period. Finally, Hidden Lake Asset Management LP purchased a new stake in shares of CoreWeave in the 3rd quarter worth $14,814,000.

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.