Key Points
- CoreWeave EVP Chen Goldberg sold 6,397 shares at an average price of $90, generating $575,730. The transaction occurred under a Rule 10b5-1 plan to cover tax withholding, reducing Goldberg’s ownership by 10.77%.
- CoreWeave shares opened at $85.33 after recently trading down 5.1%. The company reported $2.08 billion in quarterly revenue, up 111.6% year over year, but missed EPS estimates and continues to report negative profitability and high leverage.
- Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $136.21. Recent coverage includes Buy and Outperform ratings, though Mizuho lowered its target to $100 and maintained a Neutral rating.
CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) EVP Chen Goldberg sold 6,397 shares of the firm's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $90.00, for a total transaction of $575,730.00. Following the transaction, the executive vice president owned 52,974 shares of the company's stock, valued at $4,767,660. This trade represents a 10.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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.
Chen Goldberg also recently made the following trade(s):
- On Wednesday, August 5th, Chen Goldberg sold 19,208 shares of CoreWeave stock. The stock was sold at an average price of $92.29, for a total transaction of $1,772,706.32.
- On Tuesday, June 30th, Chen Goldberg sold 4 shares of CoreWeave stock. The shares were sold at an average price of $95.69, for a total transaction of $382.76.
- On Monday, June 15th, Chen Goldberg sold 5,541 shares of CoreWeave stock. The shares were sold at an average price of $107.29, for a total transaction of $594,493.89.
- On Wednesday, May 20th, Chen Goldberg sold 14,168 shares of CoreWeave stock. The shares were sold at an average price of $100.34, for a total transaction of $1,421,617.12.
CoreWeave Trading Down 5.1%
Shares of CRWV opened at $85.33 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 firm has a 50 day simple moving average of $92.19 and a 200-day simple moving average of $94.89. CoreWeave Inc. has a 1-year low of $60.55 and a 1-year high of $153.20. The stock has a market cap of $38.19 billion, a price-to-earnings ratio of -27.44 and a beta of 7.44.
CoreWeave (NASDAQ:CRWV - Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $2.08 billion for the quarter. During the same period in the prior year, the company earned ($0.60) EPS. CoreWeave's revenue was up 111.6% on a year-over-year basis. Equities analysts forecast that CoreWeave Inc. will post -5.7 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on the company. Sanford C. Bernstein assumed coverage on CoreWeave in a report on Wednesday, July 22nd. They issued an "outperform" rating for the company. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of CoreWeave in a research note on Friday. Mizuho dropped their price objective on CoreWeave from $110.00 to $100.00 and set a "neutral" rating for the company in a research report on Wednesday, July 15th. Wolfe Research reissued an "outperform" rating on shares of CoreWeave in a research note on Monday, July 6th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $250.00 target price on shares of CoreWeave in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $136.21.
Check Out Our Latest Stock Analysis on CRWV
Institutional Trading of CoreWeave
Several large investors have recently added to or reduced their stakes in CRWV. Vanguard Group Inc. boosted its position in shares of CoreWeave by 275.6% in the fourth 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. Proficio Capital Partners LLC lifted its position in CoreWeave by 446,194.0% during the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company's stock worth $2,443,013,000 after acquiring an additional 17,847,760 shares in the last quarter. Deutsche Bank AG lifted its position in CoreWeave by 22,624.0% during the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company's stock worth $273,039,000 after acquiring an additional 3,796,077 shares in the last quarter. Altimeter Capital Management LP purchased a new position in CoreWeave in the 4th quarter worth approximately $230,099,000. Finally, Alyeska Investment Group L.P. grew its position in CoreWeave by 300.0% in the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company's stock valued at $286,440,000 after acquiring an additional 3,000,000 shares in the last quarter.
Trending Headlines about CoreWeave
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: CoreWeave announced a multi-year agreement with Solidigm for priority access to enterprise SSD capacity. The deal could help the company scale storage alongside its AI cloud platform and reduce supply-chain constraints. CoreWeave Signs Multi-Year Agreement With Solidigm to Strengthen Its Integrated AI Cloud Platform
- Positive Sentiment: The company’s planned entry into Indonesia includes three AI data centers with 360 megawatts of contracted IT power, giving CoreWeave its first physical presence in the Asia-Pacific region and potentially expanding access to Southeast Asian AI customers. CoreWeave Enters Indonesia With Three New AI Data Centers
- Positive Sentiment: Bullish coverage argues that the recent pullback has improved CoreWeave’s risk-reward profile. The stock trades well below its 52-week high, while the cited analyst consensus target of $138.03 implies substantial upside; Rosenblatt Securities separately reaffirmed a Buy rating with a $250 target. CoreWeave at $92: The Compelling Bull Case On Offer Right Now
- Neutral Sentiment: Investors are focused on CoreWeave’s August 11 earnings release. Recent commentary highlights strong GPU and AI-cloud demand, but the company’s outlook and spending plans will likely determine whether that momentum can offset profitability concerns. Dear CoreWeave Stock Fans, Mark Your Calendars for August 11
- Negative Sentiment: Director Brannin Mcbee disclosed multiple sales totaling approximately 250,000 shares and more than $20 million under a pre-arranged Rule 10b5-1 plan. Although scheduled sales do not necessarily signal a change in business expectations, the sizable reduction in his holdings can weigh on sentiment. SEC Insider Trading Filing
- Negative Sentiment: CoreWeave remains a high-risk, capital-intensive growth stock. Its reported negative earnings, debt-to-equity ratio of 3.68, low liquidity ratios, and substantial data-center spending leave investors sensitive to financing costs, execution risks, and any signs that AI demand is not converting into improving profitability. CoreWeave Earnings Report
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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