CoreWeave (NASDAQ:CRWV) Stock Price Up 5.5% After Analyst Upgrade

CoreWeave Inc. (NASDAQ:CRWV)’s stock price traded up 5.5% during trading on Wednesday 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 $88.75 and last traded at $87.58. 18,699,141 shares were traded during mid-day trading, a decline of 28% from the average session volume of 26,118,121 shares. The stock had previously closed at $83.02.

Several other research firms also recently commented on CRWV. Mizuho decreased their price objective on CoreWeave from $100.00 to $95.00 and set a “neutral” rating on the stock in a report on Friday, February 27th. Barclays reduced their price target on CoreWeave from $120.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Monday, January 12th. Truist Financial boosted their price objective on CoreWeave from $84.00 to $85.00 and gave the company a “hold” rating in a research report on Friday, February 27th. Sanford C. Bernstein began coverage on CoreWeave in a research note on Thursday, March 5th. They set an “underperform” rating and a $56.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft raised shares of CoreWeave from a “hold” rating to a “buy” rating and lifted their target price for the stock from $100.00 to $140.00 in a research note on Tuesday, January 27th. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $121.06.

Insider Activity at CoreWeave

In other news, insider Brian M. Venturo sold 281,250 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $91.77, for a total transaction of $25,810,312.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Brannin Mcbee sold 300,000 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $72.61, for a total value of $21,783,000.00. Following the transaction, the insider owned 248,664 shares of the company’s stock, valued at approximately $18,055,493.04. This represents a 54.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,505,564 shares of company stock worth $383,462,893 in the last 90 days.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: BofA reinstated coverage and upgraded CRWV to a Buy with a $100 price target, a high-profile vote of confidence that likely boosted buying interest. Bank of America Upgrade
• Positive Sentiment: CoreWeave announced a new customer win with Zonos to power AI-driven cross-border commerce — a multi-year, enterprise SaaS use case that can expand recurring revenue and showcase CoreWeave’s cloud-as-a-service value proposition. Zonos Contract (Zacks)
• Neutral Sentiment: Several pieces assess valuation after the recent pullback — analysts and writers are debating whether CRWV’s rapid top-line growth justifies current multiples given the company’s losses and execution risk. Valuation Check (Yahoo)
• Neutral Sentiment: Long-form analyst takes call CRWV a “compelling risk/reward” but flag a capex backlog — upside tied to execution on deployments and turning growth into durable margins. Seeking Alpha
• Neutral Sentiment: Market data feeds show reported jumps in short interest, but the published figures appear inconsistent/erroneous (zero-share totals, NaN increases) — treat short-interest reports with caution until exchanges confirm.
• Negative Sentiment: Investor skepticism remains — a RiverPark investor letter noted the stock fell despite >40% revenue growth, illustrating that growth alone isn’t calming concerns about profitability, capex needs and execution. RiverPark Letter
• Negative Sentiment: Broader scrutiny of AI-cloud accounting (highlighted in a Michael Burry critique) raises caution about depreciation schedules and how long GPUs/servers remain productive — a thematic risk for capital-intensive AI cloud operators like CoreWeave. Michael Burry Critique

Hedge Funds Weigh In On CoreWeave

Several hedge funds and other institutional investors have recently modified their holdings of CRWV. Family Legacy Financial Solutions LLC lifted its holdings in CoreWeave by 166.7% in the third quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock worth $27,000 after buying an additional 125 shares during the period. HighMark Wealth Management LLC bought a new position in shares of CoreWeave in the 3rd quarter worth approximately $27,000. OLD Second National Bank of Aurora purchased a new position in shares of CoreWeave in the 3rd quarter valued at approximately $27,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of CoreWeave during the third quarter valued at approximately $27,000. Finally, Aspect Partners LLC bought a new stake in shares of CoreWeave during the third quarter valued at approximately $28,000.

CoreWeave Stock Performance

The company has a 50 day moving average of $89.12 and a two-hundred day moving average of $97.62. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.46 and a quick ratio of 0.46. The company has a market capitalization of $36.70 billion and a PE ratio of -27.37.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing the consensus estimate of ($0.61) by ($0.28). The firm had revenue of $1.57 billion for the quarter. CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The firm’s revenue for the quarter was up 110.4% on a year-over-year basis.

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.