CoreWeave (NASDAQ:CRWV) Given New $159.00 Price Target at Citigroup

CoreWeave (NASDAQ:CRWV) had its price target upped by Citigroup from $142.00 to $159.00 in a research report released on Friday,Benzinga reports. Citigroup currently has a buy rating on the stock.

A number of other research analysts have also recently issued reports on the company. Oppenheimer raised their price objective on CoreWeave from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. TD Cowen upgraded shares of CoreWeave to a “buy” rating in a report on Wednesday, July 22nd. UBS Group restated an “underperform” rating on shares of CoreWeave in a research note on Wednesday. Truist Financial boosted their price objective on shares of CoreWeave from $126.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, BTIG Research initiated coverage on CoreWeave in a report on Wednesday, July 22nd. They issued a “buy” rating on the stock. Twenty-two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $138.72.

CoreWeave Price Performance

CRWV stock opened at $105.26 on Friday. CoreWeave has a one year low of $60.55 and a one year high of $153.20. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.31. The stock has a market cap of $48.30 billion, a PE ratio of -28.84 and a beta of 7.44. The firm has a 50 day simple moving average of $90.50 and a two-hundred day simple moving average of $95.01.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating analysts’ consensus estimates of ($1.52) by $0.38. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The business had revenue of $2.58 billion for the quarter. During the same period in the prior year, the company earned ($0.27) EPS. The firm’s revenue was up 112.5% compared to the same quarter last year. On average, analysts predict that CoreWeave will post -5.05 EPS for the current fiscal year.

Insider Buying and Selling at CoreWeave

In other news, EVP Chen Goldberg sold 19,208 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $92.29, for a total transaction of $1,772,706.32. Following the completion of the sale, the executive vice president owned 71,266 shares of the company’s stock, valued at $6,577,139.14. This represents a 21.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Sachin Jain sold 13,608 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $92.09, for a total transaction of $1,253,160.72. Following the sale, the chief operating officer directly owned 147,785 shares of the company’s stock, valued at approximately $13,609,520.65. This represents a 8.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 9,742,098 shares of company stock worth $963,211,837. 24.20% of the stock is owned by corporate insiders.

Institutional Trading of CoreWeave

Several institutional investors and hedge funds have recently modified their holdings of CRWV. Pin Oak Investment Advisors Inc. bought a new stake in CoreWeave during the third quarter valued at about $34,000. Essential Partners LLC purchased a new stake in shares of CoreWeave during the 2nd quarter worth approximately $30,000. Burnham & Co LLC bought a new position in CoreWeave during the second quarter valued at $32,000. Cornerstone Planning Group LLC grew its position in CoreWeave by 272.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock worth $25,000 after acquiring an additional 251 shares in the last quarter. Finally, Cullen Frost Bankers Inc. lifted its position in CoreWeave by 45.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after buying an additional 121 shares during the last quarter.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Citigroup raised its price target to $159 and upgraded CoreWeave to “Buy,” implying substantial potential upside from recent levels and reinforcing bullish analyst sentiment. Benzinga
• Positive Sentiment: CoreWeave’s strong second-quarter results remain the main catalyst: revenue increased 112% year over year to approximately $2.6 billion, adjusted EBITDA reached $1.51 billion, and the company reported a $104.2 billion backlog—or $129.2 billion including incremental commitments. Full-year revenue guidance was raised to $12.4 billion–$13.2 billion. Seeking Alpha article
• Positive Sentiment: Analysts and market commentators said hyperscaler results and rising AI data-center pricing validate the monetization of AI demand. Robert W. Baird lifted its target to $130, while other coverage remained constructive on CoreWeave’s growth prospects. Baird price target article
• Neutral Sentiment: Technical coverage remains bullish after the earnings-driven surge, but the pullback indicates investors may be taking profits and reassessing valuation following the rapid advance. Barron’s technical analysis
• Negative Sentiment: Funding the growth plan remains a key risk. CoreWeave raised 2026 capital-expenditure expectations to $35 billion–$39 billion, while high debt and approximately $640 million in quarterly net interest expense could pressure cash flow and delay profitability. Zacks capex article
• Negative Sentiment: CEO Michael Intrator and co-founder Brannin McBee disclosed sizable sales executed under pre-arranged Rule 10b5-1 plans. Although planned transactions do not necessarily signal deteriorating business conditions, they can add pressure after a major rally. SEC insider filing

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.