Key Points
- CoreWeave CEO Michael Intrator sold 61,797 shares on July 8 at an average price of $86.94, totaling about $5.37 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan, and he still holds 2.88 million shares.
- The company’s stock was trading around $89.70, with a market cap of about $40.15 billion, but CoreWeave remains highly volatile and leveraged, with a beta of 7.17 and a debt-to-equity ratio of 3.68.
- Despite strong revenue growth, CoreWeave’s latest quarter showed a loss of $1.40 per share, missing expectations, while analysts still see mixed but generally positive sentiment with an average “Moderate Buy” rating and a $136.73 price target.
CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) CEO Michael Intrator sold 61,797 shares of the firm's stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $86.94, for a total value of $5,372,631.18. Following the completion of the sale, the chief executive officer owned 2,876,815 shares of the company's stock, valued at $250,110,296.10. This represents a 2.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
CoreWeave Price Performance
CoreWeave stock opened at $89.70 on Friday. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31. The company has a market capitalization of $40.15 billion, a PE ratio of -28.84 and a beta of 7.17. CoreWeave Inc. has a one year low of $63.80 and a one year high of $153.50. The business has a 50 day simple moving average of $105.57 and a 200 day simple moving average of $95.32.
CoreWeave (NASDAQ:CRWV - Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing analysts' consensus estimates of ($1.17) by ($0.23). CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The business had revenue of $2.08 billion during the quarter. During the same quarter in the prior year, the company posted ($0.60) earnings per share. The business's quarterly revenue was up 111.6% on a year-over-year basis. On average, sell-side analysts forecast that CoreWeave Inc. will post -4.57 EPS for the current fiscal year.
Institutional Trading of CoreWeave
A number of hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC boosted its holdings in shares of CoreWeave by 4.0% during the 1st quarter. Parallel Advisors LLC now owns 2,340 shares of the company's stock worth $181,000 after buying an additional 91 shares during the period. Pathway Wealth Management LLC grew its stake in CoreWeave by 2.9% in the 1st quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company's stock valued at $278,000 after buying an additional 100 shares during the last quarter. Azzad Asset Management Inc. ADV raised its holdings in CoreWeave by 2.1% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company's stock valued at $389,000 after acquiring an additional 104 shares during the period. Hazlett Burt & Watson Inc. lifted its position 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 acquiring an additional 119 shares during the last quarter. Finally, Cullen Frost Bankers Inc. lifted its position in CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company's stock worth $28,000 after acquiring an additional 121 shares during the last quarter.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their price objective on CoreWeave from $90.00 to $105.00 and gave the company a "neutral" rating in a report on Friday, May 8th. DA Davidson reissued a "neutral" rating and set a $100.00 target price (down from $175.00) on shares of CoreWeave in a research note on Monday, May 18th. Roth Capital restated a "buy" rating and set a $150.00 target price on shares of CoreWeave in a report on Friday, May 8th. BNP Paribas Exane initiated coverage on shares of CoreWeave in a research note on Tuesday, June 2nd. They issued an "outperform" rating and a $192.00 price target on the stock. Finally, Oppenheimer upped their price target on shares of CoreWeave from $140.00 to $150.00 and gave the company an "outperform" rating in a report on Wednesday, April 29th. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $136.73.
Check Out Our Latest Analysis on CRWV
Trending Headlines about CoreWeave
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: CoreWeave was named a Visionary in Gartner’s 2026 Magic Quadrant for Cloud AI Infrastructure, which helps validate its position in the AI cloud market and may support investor confidence. Article Title
- Positive Sentiment: Analyst and media coverage highlighted CoreWeave’s AI-demand tailwind, noting more than 3.5 GW of contracted power and a record backlog that could support future growth. Article Title
- Positive Sentiment: Reports also said CoreWeave secured additional power for its Helios data center and has signed more than $40 billion in new commitments, implying a very large revenue backlog and continued buildout momentum. Article Title
- Neutral Sentiment: Jim Cramer said CoreWeave is one of the stronger players in the neocloud space, which adds a small credibility boost but is not a fundamental catalyst by itself. Article Title
- Neutral Sentiment: Several insider sales were disclosed, including a larger sale by Brannin McBee, though the trades were made under a pre-arranged 10b5-1 plan and may not signal a change in business outlook. Article Title
- Negative Sentiment: Market commentary noted CoreWeave has lagged other AI infrastructure names over the past year, suggesting investors are still questioning whether CRWV can keep up with peers in the fast-growing neocloud trade. Article Title
- Negative Sentiment: Articles discussing Meta’s move into cloud infrastructure added to concerns that larger competitors could intensify competition in the AI cloud market and pressure CoreWeave’s growth narrative. Article Title
About CoreWeave
(
Get Free Report)
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.
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